Federal contractors face critical challenges in aligning accounting methodologies with the demands of the comparatively stringent requirements of their target market, the US government, vs. requirements of the commercial market base. Issues include maintaining constant audit readiness, the need for diligence and adroitness in information leveraging to develop a robust accounting operation, and the demand to stay on the cutting edge of applicable technologies and accounting workforce proficiencies, among others.
Cybersecurity guidance and requirements for government contractors continue to evolve and will have a big impact on.
Your first government contract can be a rewarding experience, but what happens when you find out you need extra.
As a small government contractor you may be stretched for accounting resources, and if this is your first contract,.
A DCAA audit includes a real-time labor evaluation to determine the accuracy of labor charges in regard to.