Evaluation, Government Contracts and Internal Control

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

Accountability Import Internal Control Government Contracts

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. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Price

Price Government Contracts Government Government

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

5] Based on inter-agency agreements, this program includes contracts awarded by certain non-DoD agencies as well as DoD contracts. [6] 6] DCAA is authorized to examine contractor records related to proposals, discussions, pricing, and performance to evaluate the accuracy, completeness, and currency of cost or pricing data. [7]

Negotiation

Negotiation Price Government Contracts IT

Criminal Enforcement Considerations for Gov’t Contractors

Government Contracts Legal Forum

AUGUST 9, 2024

Government contractors are not only vulnerable to the risks of employee misconduct that can arise in any commercial business, but are also exposed to additional risks in areas unique to government contracting. Internal reporting and a “see something, say something” culture are key to any effective compliance program.

Evaluation

Evaluation Government Contracts Ethics Government

The Infrastructure Investment and Jobs Act - Summary

Capital Edge Consulting

SEPTEMBER 11, 2024

Labor is among the largest contract cost recorded to Government contracts. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Accountability

Accountability Internal Control Distribution Consulting

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. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Accountability

Accountability Government Government Internal Control

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. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Accountability

Accountability Internal Control Distribution Consulting

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. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Accountability

Accountability Internal Control Distribution Consulting

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. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Accountability

Accountability Internal Control Distribution Consulting

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. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Accountability

Accountability Internal Control Distribution Consulting

OMB’s 2 CFR 200 Updates 2024

Capital Edge Consulting

AUGUST 2, 2024

Labor is among the largest contract cost recorded to Government contracts. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Accountability

Accountability Internal Control Distribution Consulting

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. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Contract

Contract Accountability Internal Control Distribution

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. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Contract

Contract Accountability Internal Control Distribution

DCAA Releases FY2023 Report to Congress

Capital Edge Consulting

JUNE 13, 2024

Labor is among the largest contract cost recorded to Government contracts. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Accountability

Accountability Internal Control Distribution Consulting

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. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

IT

IT Accountability Internal Control Distribution

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. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Accountability

Accountability Internal Control Distribution Consulting

The Truth Behind Truth in Negotiations Requests

Capital Edge Consulting

FEBRUARY 6, 2024

Labor is among the largest contract cost recorded to Government contracts. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Negotiation

Negotiation Accountability Internal Control Distribution

ERP Implementation Risks and Mitigations

Capital Edge Consulting

JANUARY 19, 2024

Labor is among the largest contract cost recorded to Government contracts. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Accountability

Accountability Internal Control Distribution Consulting

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. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.

Accountability

Accountability Internal Control Distribution Consulting

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

Government Contracts & Investigations

FEBRUARY 29, 2024

9] Costs of compensation established under covered labor-management agreements are deemed reasonable unless the costs are “unwarranted” by the character and circumstances of the work or “discriminatory” against the Government. [10] 29] As a result, such compensation has a lower the audit risk.

Price

Price Government Contracts Government Government

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

E-procurement Thresholds Internal Control Evaluation

Treasury Announces Renewed Push for Investment Adviser AML Rules

Government Contracts & Investigations

JANUARY 31, 2024

The 2015 Proposed Rule required that investment advisers engage in risk-based evaluations of its clients to determine the AML/CFT risks they pose.

Internal Control

Internal Control Finance Corruption Evaluation

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

Public Procurement Central

Understanding the Importance of a DCAA Approved Accounting System

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

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

Criminal Enforcement Considerations for Gov’t Contractors

The Infrastructure Investment and Jobs Act - Summary

Cost Accounting Standards Guide and CAS Requirements for Government Contractors

Application of Cost Accounting Standards to Indefinite Delivery Vehicles

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

Cost Accounting Standards - What Contractors Need to Know

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

OMB’s 2 CFR 200 Updates 2024

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

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

DCAA Releases FY2023 Report to Congress

The FY2024 NDAA and its Nexus to the FAR and DFARS

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

The Truth Behind Truth in Negotiations Requests

ERP Implementation Risks and Mitigations

Ensuring Compliance with New SBA Requirement for Inclusion of Indirect Costs

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

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

Treasury Announces Renewed Push for Investment Adviser AML Rules

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

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