Capital Edge Consulting

SEPTEMBER 24, 2024

Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.”

Accountability 52

Accountability Internal Control Distribution Consulting 52

Capital Edge Consulting

AUGUST 23, 2024

Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.”

Accountability 52

Accountability Internal Control Distribution Consulting 52

FedScoop

MARCH 1, 2024

The Export-Import Bank of the United States is among the agencies opting for a more permissive approach to generative AI tools, providing employees the same kind of access the independent agency has for access to the internet, according to its top IT official. “We

Export 116

Export Import Education Consulting 116

Redstone Government Consulting

MARCH 13, 2024

The scope of this part describes the applicability of the cost principles and procedures in pricing and accounting for costs on contracts, subcontracts, and modifications whenever cost analysis is needed. There is a lot there, but what’s really important?

Import 52

Import Accountability Price Government Contracts 52

Public Contracting Institute

JULY 8, 2024

Introduction to CAS 405 and Unallowable Costs In the complex world of government contracting, understanding and properly accounting for unallowable costs as per Cost Accounting Standard (CAS) 405 is crucial for success. Let’s dive into the intricacies of CAS 405 and explore how proper compliance can benefit your organization.

Accountability 52

Accountability Internal Control Price Government Contracts 52

GovLoop

DECEMBER 1, 2022

The Federal Flexible Spending Account Program (FSAFEDS), administered by HealthEquity, Inc., gives federal employees an important tool for saving money on out-of-pocket medical and day care expenses. FSAFEDS provides three account options to support the needs of employees and their families.

Accountability 59

Accountability Insurance Participation Utilities 59

Open Contracting Partnership

JULY 21, 2023

David is the founder of reAcción , a grassroots anti-corruption civil society organization that empowers young people in Paraguay to fight for government transparency and social accountability. Most e-governance technology that attempts to turn citizen feedback into actionable recommendations, is really about upward accountability.

Accountability 52

Accountability Education Corruption Demand 52

GovSpend

DECEMBER 21, 2023

So I thought it might be good to revisit the topic of account plans, specifically as it relates to federal contracting. Having a well-developed account plan is crucial for focusing your efforts on business development and managing relationships with strategic customers. It is an essential tool for ensuring the success of any company.

Accountability 59

Accountability Contract Utilities Media 59

The Procurement School

NOVEMBER 16, 2023

The public procurement world is relatively small, and it seems everyone knows everyone, so reputations are important especially if you are just starting out in the profession. The individuals in this field understand the significance of their roles and strive to uphold the highest standards of ethics and accountability.

Ethics 98

Ethics Import Procurement Public Procurement 98

GovSpend

DECEMBER 21, 2023

So I thought it might be good to revisit the topic of account plans, specifically as it relates to federal contracting. Having a well-developed account plan is crucial for focusing your efforts on business development and managing relationships with strategic customers. It is an essential tool for ensuring the success of any company.

Accountability 52

Accountability Contract Utilities Media 52

Federal News Network

OCTOBER 25, 2023

The Government Accountability Office (GAO) has found that agencies are not consistent in checking the E-verify system, as part of their contractor oversight. She’s director of Homeland Security and Justice issues at the Government Accountability Office. Rebecca Gambler Yes, this is a really important point from our report, Tom.

Import 64

Import E-procurement Quality Contract 64

Government Contracts

JANUARY 16, 2024

Government Accountability Office, offering perspectives on standing, document production, agency deference, System for Award Management registration requirements and mentor-protégé joint venture proposal evaluations. Attorneys at Bradley Arant discuss noteworthy 2023 bid protest decisions from the U.S. Court of Federal Claims and U.S.

Bidding 52

Bidding Import Evaluation Accountability 52

Inter-American Development Bank

FEBRUARY 19, 2023

In this sense, digitally collecting accounting information from companies is crucial to enable TAs to better measure business activities, such as operations, financing, investments, the performance of companies, and their contractual relationships. CACAO stands for Accounting and Organizational Data Storage and Consultation System.

Accountability 52

Accountability Data Electronics Balance 52

FedTech Magazine

SEPTEMBER 13, 2024

Ensuring all of the steps are in place to migrate securely to the cloud will be important to creating a safe EHR environment,” says Larissa Manor, advanced technology account… “IHS is planning for a new electronic health record, and as a part of this implementation, there will be some transition to the cloud.

IT 120

IT Innovation Electronics Accountability 120

ivalua

FEBRUARY 24, 2021

Why does Accounts Payable Need Heroes? In Accounts Payable, it’s the Supplier inquiry. Some suppliers are equipped to provide more strategic value than others, and it’s important to identify your most strategic suppliers so you can best prioritize your efforts. Here are 6 key steps to follow: 1. Set clear expectations.

Supplier 52

Supplier Accountability Eprocurement Supply Chain 52

Capital Edge Consulting

SEPTEMBER 27, 2024

In government contracting, maintaining a DCAA-approved accounting system is crucial. The Defense Contract Audit Agency (DCAA) enforces strict guidelines to ensure that contractors’ accounting systems meet the standards required for compliance. Key Takeaways: Overview of DCAA Approved Accounting System essentials.

Internal Control 52

Internal Control Accountability Government Contracts Consulting 52

Redstone Government Consulting

AUGUST 14, 2024

QuickBooks Online is one of the most used accounting software for small to medium-sized businesses. However, some people fail to realize the importance of each report and do not really understand how to utilize them to their full potential. The same is true for small businesses in the government contracting sector.

Government 80

Government Government Utilities Accountability 80

Government Contracts

OCTOBER 4, 2024

Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.

Bidding 52

Bidding Price Evaluation Accountability 52

American City & Country

SEPTEMBER 18, 2024

Transparency and accountability are crucial to maintaining public trust and require clear policies on surveillance use and data access.” Cross-departmental collaboration and scalable solutions are important to maximizing ROI and adapting to changing citizen demands within budget constraints.”

Purchasing 101

Purchasing Total Cost of Ownership Government Government 101

ExecutiveBiz

AUGUST 29, 2024

TaxBit has announced that its tax and accounting platform for digital assets now offers comprehensive support for the 1099-DA form.

Accountability 59

Accountability Import IT 59

Federal News Network

MAY 30, 2024

Dan Ramish Well, Tom, nontraditional defense contractors are defined to include all contractors that do not have a subcontract or contract subject to full cost accounting standards coverage and have not had one in the preceding year. That’s expensive and complicated.

Supplier 90

Supplier Innovation Price Accountability 90

Import and Trade Remedies

AUGUST 18, 2023

The purpose of CARM is to modernize the collection of duties and taxes for goods imported into Canada. customs brokers and/or trade consultants) to manage commercial import activities; view their transactions and statements of accounts; request and track a ruling from the CBSA; and pay invoices with new electronic payment options.

Electronics 40

Electronics Import Accountability Consulting 40

Government Contracts

JULY 5, 2024

Recent challenges encountered by the Mountain Valley Pipeline project underscore the importance of drafting contracts for underground construction to account for unexpected site conditions, associated risks and compliance with applicable laws, say Jill Jaffe and Brenda Lin at Nossaman.

Contract 52

Contract Accountability Import 52

FedScoop

JUNE 7, 2024

With that in mind, the watchdog pointed to the usefulness of its AI accountability framework. The AI Framework emphasizes the importance of documentation to help ensure that the AI system’s objectives are met,” the GAO wrote. “It The IRS first piloted AI techniques for sampling tax returns in NRP audits during the 2019 filing season.

Transparency 113

Transparency Accountability Import IT 113

GovLoop

JANUARY 30, 2024

People most valued having a flexible schedule, with 77% of respondents ranking it “very important.” Working in an inclusive environment was the next priority, at 61%, and then having access to the latest technology and tools came in fourth, with 51% of respondents ranking it “very important.”

Leadership 98

Leadership Import Accountability Efficiency 98

Import and Trade Remedies

OCTOBER 3, 2023

CARM Release 2 Officially launched in May 2021, CARM is a multi-year initiative that is intended to simplify how importers account for goods, request advance rulings, adjust/correct declarations, and pay duties and taxes through the eponymous “ CARM Client Portal ”.

Supply Chain 52

Supply Chain Import Consulting Accountability 52

Import and Trade Remedies

MARCH 1, 2024

In 2024, importers should brace themselves for continuing regulatory changes, and the associated compliance costs accompanying those changes. CARM Release 2 presents the most significant procedural change to the Canadian customs process in recent memory and all importers will be impacted by this change.

Import 45

Import Accountability Electronics Supply Chain 45

USFCR

JUNE 27, 2024

Jennifer Cole, Metro Nashville Arts Commission 1 Given the uncertainty of disasters, humanities organizations must have precautionary preparedness plans to ensure that their valuable works are accounted for.

Accountability 84

Accountability Import 84

Whistleblower Network News

APRIL 2, 2024

The disproportionate rate of retaliation faced by internal whistleblowers underscores the importance of offering protections to internal whistleblowers,” said Kohn. Barnett had internally raised claims concerning quality and safety in Boeing’s manufacturing process. Whistleblowers like Mr. Barnett deserve to live and to be celebrated.”

Quality 109

Quality Accountability Corruption Manufacturing 109

AWS Public Sector

JUNE 12, 2024

As customers move more data to the cloud, it becomes increasingly important to take necessary precautions and measures to prevent sensitive information from unauthorized access or use. Prepare your AWS accounts – Prepare your AWS accounts by creating the necessary accounts and configuring the required settings.

Accountability 76

Accountability Networking Data Management 76

Whistleblower Network News

APRIL 9, 2024

The federal government needs more sunshine to bring accountability—but ATF’s original memo was shady.” This importance of whistleblowers knowing their rights cannot be overstated”. Grassley states , “The ATF ought to encourage, not discourage, its employees to report potential waste, fraud, and abuse.

Accountability 86

Accountability Import Networking Government 86

Import and Trade Remedies

JULY 25, 2024

On July 4, 2024, the Canada Border Services Agency (CBSA) announced its compliance priorities for commercial imports and it updated its 2024 trade verification priorities. Dairy products are supply-managed in Canada and are subject to import controls. to determine whether importers are properly classifying gloves. up to 300%).

Import 53

Import Export Accountability Management 53

Whistleblower Network News

MARCH 22, 2024

Senator Chuck Grassley (R-IA) kicked off Sunshine Week on March 11 with remarks on the Senate floor about the importance of whistleblowers in promoting transparency and accountability. He further noted that “whistleblowers are patriots and our most powerful tool in rooting out waste, fraud, abuse and misconduct.”

Whistle-blowing 89

Whistle-blowing Accountability Education Transparency 89

Public Contracting Institute

JULY 14, 2024

This standard ensures consistency and fairness in cost accounting practices across government contractors. To truly grasp the importance of CAS 407, it’s essential to have a solid foundation in government contracting principles. Integrating CAS 407 with Other Cost Accounting Standards CAS 407 doesn’t exist in isolation.

Government Contracts 52

Government Contracts Accountability Efficiency Budget 52

Government Contracts

FEBRUARY 1, 2024

Securities and Exchange Commission’s foreign bribery-related resolutions with 3M and Clear Channel offer important takeaways on compliance risks for companies with operations in China, from the role of traditionally low-risk vendors to gaps in internal accounting controls, say attorneys at Miller & Chevalier.

Accountability 52

Accountability Import 52

FedScoop

SEPTEMBER 18, 2024

the chair and ranking member of the House Committee on Oversight and Accountability, and Reps. This legislation takes an important step to protecting the federal government against the purchase of products and services from our foreign adversaries. The Federal Acquisition Security Council Improvement Act of 2024 — from Reps.

Supply Chain 74

Supply Chain Accountability Purchasing Evaluation 74

Select GCR

JULY 23, 2024

The SAM registration process involves creating an account on SAM.gov, obtaining a Unique Entity ID, and finalizing your SAM profile with accurate company information, which should be kept current through annual renewals and regular updates. What is SAM Registration?

Accountability 52

Accountability Government Contracts Contract Networking 52