Remove Internal Control Remove Management Remove Purchasing
article thumbnail

Procurement purchasing card perils: Will you be the next headline?

American City & Country

In January, Local 10 news in Miami reported that a former Miami-Dade School Board member used district-issued credit cards to rack up more than $100,000 in personal purchases that included everything from refrigerators to a trip to Disney World.

article thumbnail

Paperless Innovations to Offer Actus Platform to Federal Agencies via MAS Contract Financial Management SIN

ExecutiveBiz

Federal agencies can now buy Actus , a cloud-based government purchase card management platform from Paperless Innovations , using a special item number under the General Services Administration’s Multiple Award Schedule contract.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Government Contracts & Investigations

32] If management approved labor rates changed shortly after the certification date, compare the rates to the baseline rates, identify the events and facts causing the variance, and determine whether the contractor was aware of and adequately disclosed those facts before the certification date. [33]

article thumbnail

Taking Care of Business (Systems): DoD Proposes to Change the Definition of a Business System Deficiency 

Government Contracts Legal Forum

The clauses allow the government to temporarily withhold payment on a covered contract if a significant deficiency in a business system is identified.

article thumbnail

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

Federal News Network

There are new whistleblower protections and new requirements for reasonable cybersecurity internal controls that seems to be like maple syrup covering everything the government is eating these days. And the reason that’s important is that there are special requirements for managing equipment. Dan Ramish That’s right.

article thumbnail

Application of CAS to Indefinite Delivery Vehicles (IDVs)

Capital Edge Consulting

Insight by: Norman McCord, Senior Manager Summary Timekeeping for government contractors is essential. 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. What is a Floor Check Audit?

article thumbnail

Conformance of CAS to GAAP

Capital Edge Consulting

Insight by: Norman McCord, Senior Manager Summary Timekeeping for government contractors is essential. 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. What is a Floor Check Audit?