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What Are The Cost Accounting Standards?

Capital Edge Consulting

Importance of maintaining compliance with DCAA for government contracts. While the term " DCAA-approved accounting system " is commonly used, its important to clarify that, according to the DCAA, there is no officially "approved" accounting system. Why is a DCAA Approved Accounting System Important?

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Understanding the Importance of a DCAA Approved Accounting System

Capital Edge Consulting

Importance of maintaining compliance with DCAA for government contracts. While the term " DCAA-approved accounting system " is commonly used, it’s important to clarify that, according to the DCAA, there is no officially "approved" accounting system. Why is a DCAA Approved Accounting System Important?

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New OCI Rule Contains Big Changes

SmallGovCon

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. The proposed OCI rule implementing the Preventing Organizational Conflicts of Interest in Federal Acquisition Act has just dropped. The entire law, however, was less than two pages.

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Whistleblower Receives $1.2 Million for Alleging Violations of FCC Rules

Whistleblower Network News

Telecommunications providers that seek to participate in important FCC programs like the High-Cost Program must comply with applicable rules, including those governing how they report the costs used to calculate their subsidies,” said Principal Deputy Assistant Attorney General Brian M. Department of Justice toward this important objective.”

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Reports of Internal Reporting at OpenAI Usher in Opportunity for Employees to Blow the Whistle

Whistleblower Network News

Whistleblower experts recognize that this behavior of miscommunication and lack of transparency may point to instances of false claims, misleading investors, or the result of an internal complaint. Employees can anonymously raise concerns about false statements and internal control. AGI can generalize, learn, and comprehend.

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

Federal News Network

But yet, something you felt is important to highlight here. So it’s a really important tool, and it’s important to taxpayers. Now that it have been 10 years since issuing them, the White House has updated what is known as Uniform Guidance on grants and federal assistance. Dan Ramish Yes, Tom. Fair to say?

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The FY2024 NDAA and its Nexus to the FAR and DFARS

Capital Edge Consulting

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. The following are subject matter areas that represent critical timekeeping internal controls. Are Floor Check Audits Going Virtual?

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