The Federal Acquisition Regulation (FAR) codifies policies and procedures and is the principal set of rules regarding government procurement. FAR 31 sets regulations around the contract cost principles and procedures.
Finance transformation is a term used to describe the process of re-envisioning and redesigning financial operations to align with corporate strategy, increase efficiency and scalability, enhance internal controls, and improve the quality of...
Stepping into the world of government contracts can feel akin to venturing into a new galaxy. With the vastness of state and federal regulations, the intertwining orbits of government agencies, and the pull of countless government contractors,...
The Defense Contract Audit Agency (DCAA) has released its Fiscal Year 2022 Report to Congress. In this post, we’ll share six key takeaways government contractors should know.
This post outlines the documents needed for a DCAA Incurred Cost Submission Audit. Learn about document requirements and how to leverage an ERP solution for effective compliance.