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

Public Contracting Institute

To effectively identify unallowable costs: Develop a comprehensive chart of accounts Implement robust internal control systems Provide regular training to accounting staff Conduct periodic internal audits Our Masters Academy: Best Practices in Government Contracting offers invaluable insights into these best practices.

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What new White House guidance on grants means for agencies that hand them out

Federal News Network

And government contractors will sometimes participate in the federal grant space, either as contractors or as recipients or sub recipients. And there are some changes that are intended to improve access and the ability of recipients and some recipients to participate. So there’s a lot of money. Dan Ramish That’s right.

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Application of CAS to Indefinite Delivery Vehicles (IDVs)

Capital Edge Consulting

Employee Training DCAA will audit training content and documented attendance. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.” WAH occurrences do compel a contractor to develop additional documented timekeeping policies related particularly to WAH programs.

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Conformance of CAS to GAAP

Capital Edge Consulting

Employee Training DCAA will audit training content and documented attendance. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.” WAH occurrences do compel a contractor to develop additional documented timekeeping policies related particularly to WAH programs.

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

Capital Edge Consulting

Employee Training DCAA will audit training content and documented attendance. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.” WAH occurrences do compel a contractor to develop additional documented timekeeping policies related particularly to WAH programs.

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The Infrastructure Investment and Jobs Act - Summary

Capital Edge Consulting

Employee Training DCAA will audit training content and documented attendance. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.” WAH occurrences do compel a contractor to develop additional documented timekeeping policies related particularly to WAH programs.

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OMB’s 2 CFR 200 Updates 2024

Capital Edge Consulting

Employee Training DCAA will audit training content and documented attendance. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.” WAH occurrences do compel a contractor to develop additional documented timekeeping policies related particularly to WAH programs.