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What Are The Cost Accounting Standards?

Capital Edge Consulting

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. Importance of maintaining compliance with DCAA for government contracts.

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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

Government Contracts & Investigations

We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits. 5] Based on inter-agency agreements, this program includes contracts awarded by certain non-DoD agencies as well as DoD contracts. [6]

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Retired four-star admiral faces 30 years in prison on bribery charges

Federal News Network

62-year-old Robert Burke, a retired four-star admiral, is facing up to 30 years in prison for an alleged scheme to steer a government contract to a company in exchange for future employment. But the document acknowledges that the IC’s efforts to tailor different cloud capabilities are still complex and nascent.

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Mastering Accounting for Unallowable Costs: A Guide to CAS 405 Compliance

Public Contracting Institute

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. The Importance of Proper Cost Allocation Proper cost allocation is the cornerstone of successful government contracting.

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Health and Human Services Contracting Officer’s Authorization (COA) Requirements

Capital Edge Consulting

Labor is among the largest contract cost recorded to Government contracts. and determining whether adequate timekeeping practices and controls related to timekeeping are in place and working properly. Inadequate recordkeeping can lead to low rankings in an audit or even worse: loss of contract.

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Health and Human Services Contracting Officer’s Authorization (COA) Requirements

Capital Edge Consulting

Labor is among the largest contract cost recorded to Government contracts. and determining whether adequate timekeeping practices and controls related to timekeeping are in place and working properly. Inadequate recordkeeping can lead to low rankings in an audit or even worse: loss of contract.

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Mastering Inflation: Navigating Fixed-Price Economic Price Adjustments in Government Contracts

Capital Edge Consulting

Labor is among the largest contract cost recorded to Government contracts. and determining whether adequate timekeeping practices and controls related to timekeeping are in place and working properly. Inadequate recordkeeping can lead to low rankings in an audit or even worse: loss of contract.

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