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Contract

Evaluation

Internal Control

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What is Enterprise BI? Everything You Need to Know

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. Importance of maintaining compliance with DCAA for government contracts.

Internal Control

Internal Control Accountability Government Contracts Consulting

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Understanding the Importance of a DCAA Approved Accounting System

Capital Edge Consulting

AUGUST 28, 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. Importance of maintaining compliance with DCAA for government contracts.

Accountability Import Internal Control Government Contracts

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Public Procurement Intl

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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

SEPTEMBER 25, 2023

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]

Negotiation Price Government Contracts IT

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

Capital Edge Consulting

JULY 2, 2024

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.

Contract Accountability Internal Control Distribution

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

Capital Edge Consulting

JULY 2, 2024

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.

Contract Accountability Internal Control Distribution

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

Capital Edge Consulting

MAY 10, 2024

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.

Price

Price Government Contracts Government Government

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The Cost Corner: Government Contracts Cost and Pricing – Compensation for Personal Services (Part I)

Government Contracts & Investigations

FEBRUARY 29, 2024

The current topic is Federal Acquisition Regulation (FAR) Cost Principles applicable to contracts with commercial organizations. 28] DCAA Audit Guidance Chapter 6 of the DCAM, Incurred Cost Audit Procedures, includes detailed guidance for evaluating the reasonableness of compensation costs. 1] This definition is quite broad.

Price

Price Government Contracts Government Government

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OMB Final Rule Rewrites the Uniform Guidance for Grants, Cooperative Agreements, and Other Federal Financial Assistance

Government Contracts Legal Forum

APRIL 30, 2024

Additions to the Post-Award Requirements Regarding Sourcing 2 CFR 200.317 allows Tribal Government recipients to use their own internal procurement standards rather than complying with federal procurement standards prescribed in 2 CFR 200 200.318 through 200.327. View the full article

E-procurement Thresholds Internal Control Evaluation

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Application of CAS to Indefinite Delivery Vehicles (IDVs)

Capital Edge Consulting

SEPTEMBER 24, 2024

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.

Accountability Internal Control Distribution Consulting

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Conformance of CAS to GAAP

Capital Edge Consulting

SEPTEMBER 24, 2024

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.

Accountability Internal Control Distribution Consulting

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Conformance of CAS to U.S. GAAP for Operating Revenue and Lease Accounting

Capital Edge Consulting

SEPTEMBER 24, 2024

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.

Accountability Internal Control Distribution Consulting

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The Infrastructure Investment and Jobs Act - Summary

Capital Edge Consulting

SEPTEMBER 11, 2024

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.

Accountability Internal Control Distribution Consulting

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Criminal Enforcement Considerations for Gov’t Contractors

Government Contracts Legal Forum

AUGUST 9, 2024

2] Schneider Electric held federally funded energy-savings performance contracts, under which its employees fraudulently charged the government for prohibited design costs disguised as allowable unrelated pricing components. Internal reporting and a “see something, say something” culture are key to any effective compliance program.

Evaluation Government Contracts Ethics Government

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Cost Accounting Standards Guide and CAS Requirements for Government Contractors

Capital Edge Consulting

SEPTEMBER 4, 2024

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.

Accountability Government Government Internal Control

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Application of Cost Accounting Standards to Indefinite Delivery Vehicles

Capital Edge Consulting

AUGUST 23, 2024

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.

Accountability Internal Control Distribution Consulting

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The Infrastructure Investment and Jobs Act – Expanding Opportunities in the Federal Award Landscape

Capital Edge Consulting

AUGUST 14, 2024

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.

Accountability Internal Control Distribution Consulting

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Cost Accounting Standards - What Contractors Need to Know

Capital Edge Consulting

AUGUST 14, 2024

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.

Accountability Internal Control Distribution Consulting

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OMB’s 2024 Updates to Uniform Guidance (2 CFR 200)

Capital Edge Consulting

AUGUST 14, 2024

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.

Accountability Internal Control Distribution Consulting

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OMB’s 2 CFR 200 Updates 2024

Capital Edge Consulting

AUGUST 2, 2024

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.

Accountability Internal Control Distribution Consulting

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DCAA Releases FY2023 Report to Congress

Capital Edge Consulting

JUNE 13, 2024

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.

Accountability Internal Control Distribution Consulting

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The FY2024 NDAA and its Nexus to the FAR and DFARS

Capital Edge Consulting

APRIL 10, 2024

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.

IT

IT Accountability Internal Control Distribution

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Formation to Future: The CASB and the Role of the CAS Clause

Capital Edge Consulting

MARCH 20, 2024

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.

Accountability Internal Control Distribution Consulting

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Procurement and the AI EO — Helping federal CAIOs navigate the path ahead

Great Government Through Technology

NOVEMBER 29, 2023

You’ll also compile inventories, evaluate products, influence workforce development, prioritize projects, remove barriers, document use cases , assess performance, implement internal controls, and ensure your agency’s AI efforts comply with a host of existing laws and policies. But wait, there’s more!

Procurement Risk Management Internal Control Evaluation

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The Truth Behind Truth in Negotiations Requests

Capital Edge Consulting

FEBRUARY 6, 2024

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.

Negotiation Accountability Internal Control Distribution

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ERP Implementation Risks and Mitigations

Capital Edge Consulting

JANUARY 19, 2024

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.

Accountability Internal Control Distribution Consulting

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Ensuring Compliance with New SBA Requirement for Inclusion of Indirect Costs

Capital Edge Consulting

SEPTEMBER 22, 2023

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.

Accountability Internal Control Distribution Consulting

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Enhanced Review by the Department of Energy’s Office of Inspector General into the Loan Programs Office Poses Increased Risks to Loan Program Applicants

Government Contracts Legal Forum

AUGUST 9, 2024

The post Enhanced Review by the Department of Energy’s Office of Inspector General into the Loan Programs Office Poses Increased Risks to Loan Program Applicants appeared first on Government Contracts Legal Forum. View the full article

Internal Control

Internal Control Evaluation Finance Manufacturing