SmallGovCon

JANUARY 20, 2025

Here are some initial thoughts on some of the important changes proposed in this rule, as well as a recap of the original statute and my earlier predictions. While its hard to know exactly what Congress is referring to, it could mean professional standards such as those established by industry groups including public accounting rules.

Influencing 105

Influencing Contract Consulting Internal Control 105

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

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

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

SEPTEMBER 11, 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 2, 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 14, 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 14, 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

JULY 2, 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.”

Contract 52

Contract Accountability Internal Control Distribution 52

Capital Edge Consulting

JULY 2, 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.”

Contract 52

Contract Accountability Internal Control Distribution 52

Capital Edge Consulting

APRIL 10, 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.”

IT 52

IT Accountability Internal Control Distribution 52

Capital Edge Consulting

MAY 10, 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.”

Price 52

Price Government Contracts Government Government 52

Capital Edge Consulting

JUNE 13, 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

FEBRUARY 6, 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.”

Negotiation 52

Negotiation Accountability Internal Control Distribution 52

Capital Edge Consulting

SEPTEMBER 22, 2023

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

JANUARY 19, 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

MARCH 20, 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

Government Contracts & Investigations

DECEMBER 6, 2023

“Within three months of first discovering the possibility of misconduct and hours after an internal investigation confirmed that misconduct had occurred” Lifecore voluntarily self-disclosed to the DOJ. [6] While pre-acquisition due diligence is important, it does not always uncover misconduct. 4, 2023) (accessible here ). [4]

Corruption 52

Corruption Internal Control Ethics Accountability 52

Government Contracts Legal Forum

AUGUST 9, 2024

Government contractors need to consider the broad scope of such liability, the importance of early detection of underlying misconduct, potential mandatory or voluntary disclosures, the effectiveness of their compliance programs in detecting and effectively addressing serious misconduct, and the risk of potential suspension and debarment.

Evaluation 52

Evaluation Government Contracts Ethics Government 52

Open Contracting Partnership

DECEMBER 4, 2024

Thanks to good relationships with Prozorro e-procurement system developers, we can always consult with them to create accurate indicators that account for all nuances and are reliable. Equally important is communicating in a language that all users understand.

Public Procurement 67

Public Procurement Procurement E-procurement Buyers 67

FedInsider

FEBRUARY 6, 2025

Dr. Gregg Bailey, Deputy Chief Information Officer in the Office of the CIO for the US Census Bureau underscores the importance of recognizing data management in a hybrid cloud is different, and suggests training on native cloud functions to leverage the new technologies may be a path of success. Government Accountability Office (GAO).

Management 52

Management Engineering Transportation Transportation 52

FedInsider

DECEMBER 11, 2024

This week on Feds At the Edge, we discuss where the threats may lie and give practical information on attempting to control this new threat vector. Mark Canter, CISO at US GAO, highlights the widespread lack of understanding about where data is used, emphasizing the importance of good data management practices. Close CISO, U.S.

Engineering 98

Engineering Leadership Internal Control Inventory 98

Federal News Network

MARCH 26, 2025

And that’s called the internal controls and books and records provisions, or what we call the accounting provisions. And if they have controls that allow that sort of thing, then they have a weakness in their internal controls, and that’s a violation of the internal controls provisions.

Corruption 52

Corruption Internal Control Accountability Quality 52