ExecutiveBiz

JUNE 20, 2024

Jason Motte has been appointed as strategic account manager of federal mission support at Rancher Government. In his new role, Motte will use his knowledge of cyber operations and strategic initiatives to help customers embrace digital transformation, the Reston, Virginia-based company announced Thursday. Previously, Motte served as a U.S.

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Redstone Government Consulting

JULY 10, 2024

In the June 27, 2024 Federal Register , the Cost Accounting Standards Board (CASB) put out a notification that it was looking for input on its efforts to conform Cost Accounting Standards (CAS) to Generally Accepted Accounting Principles (GAAP) for Compensated Personal Absence (CAS 408) and Depreciation of Tangible Capital Assets (CAS 409).

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Federal News Network

MAY 15, 2024

Sikorsky Aircraft and the Defense Department have been arguing in court for the past 17 years, over the company’s compliance with cost-accounting standards. So, what happens, if you’ve got a contract that’s subject to the full cost accounting standards, you have to submit a disclosure statement. Zach Prince Yes.

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GovLoop

DECEMBER 19, 2023

Whether it’s a missed deadline, unprofessional behavior or maybe even a commitment issue, there are certain behaviors that supervisors have to hold their employees accountable for. Here are a few top takeaways from the session: Accountability Begins with You: “You have to think ‘me’ first,” said Smith.

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Redstone Government Consulting

JUNE 24, 2024

Cost Accounting Standard (CAS) 409 provides the criteria for assigning costs (i.e., depreciation) of tangible capital assets to cost accounting periods and allocating those costs to contracts in an objective and consistent manner.

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Redstone Government Consulting

DECEMBER 13, 2023

Below, we’ve created a compact list of action items for your Unanet accounting system at year end. It’s the most wonderful time of the year! Please don’t hesitate to call us to walk through this year end checklist with one of our consultants to help guide you.

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Public Contracting Institute

JULY 5, 2024

In the complex world of government contracting, understanding and implementing Cost Accounting Standards (CAS) is crucial for success. Today, we’re diving deep into CAS 406, which focuses on establishing and adhering to cost accounting periods.

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FedScoop

APRIL 11, 2024

Digital Registry, a database for tracking official government social media accounts, mobile websites, and apps. Part of the goal was to better track government social media efforts — and update an earlier federal social media registry meant to help people verify that government accounts were authentic. Government digital platforms.”

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Redstone Government Consulting

OCTOBER 4, 2023

One key feature that makes Deltek Costpoint the top solution for government contractors is its ability to manage the segregation of direct and indirect costs , especially through its Project Account Groups.

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Public Contracting Institute

JULY 8, 2024

Introduction to CAS 405 and Unallowable Costs In the complex world of government contracting, understanding and properly accounting for unallowable costs as per Cost Accounting Standard (CAS) 405 is crucial for success. Ready to enhance your CAS 405 compliance and overall contracting proficiency?

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Redstone Government Consulting

APRIL 29, 2024

The Costpoint team at Redstone GCI recently concluded a great event with Deltek, during which DCAA representatives gave a great keynote session on Accounting System Requirements (or SF1408) , which was followed by another informative session by our group on how Costpoint meets those requirements.

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Redstone Government Consulting

JUNE 5, 2024

CAS 404 provides the criteria for determining whether to assign the cost of a capital asset as a period expense when acquired or capitalize the item as a tangible asset and spread the cost over two or more accounting periods.

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Public Contracting Institute

MAY 14, 2024

Cost Accounting Standards (CAS) Decoded: Best Practices for Government Contractors As a government contractor, navigating the complex world of Cost Accounting Standards (CAS) can be a daunting task. Mastering CAS: The series To become a true expert in Cost Accounting Standards, consider enrolling in the CAS: The Series.

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Redstone Government Consulting

SEPTEMBER 20, 2023

The question is, will the accounting structure and approach to the company’s accounting practices have to change?

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ExecutiveBiz

JUNE 5, 2024

Former Internal Revenue Service Chief Information Officer Nancy Sieger has joined Guidehouse’s public sector financial services practice as a partner and IRS account leader. on Wednesday.

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ExecutiveBiz

MAY 28, 2024

Traw, who possesses over 15 years of accounting and finance leadership, will be tasked with the establishment of a scalable infrastructure that maintains compliance while remaining in line with organizational goals, NSTXL said Wednesday. The National Security Technology Accelerator has appointed Jessica Traw as chief financial officer.

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Redstone Government Consulting

JANUARY 3, 2024

QuickBooks is considered a government-compliant accounting system and can definitely get the job done for a lot of small government contractors. However, there may come a time when you need to change your accounting system to something that is designed with government contractors in mind.

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ExecutiveBiz

NOVEMBER 29, 2023

Special Operations Command, has assumed the position of account executive for the Special Operations Command unit of SOS International. Chris Pateras , formerly director of operations at the U.S.

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ExecutiveBiz

FEBRUARY 12, 2024

Douglas Munro has assumed the position of vice president and chief accounting officer at technology firm Mercury Systems , transitioning from the role of corporate controller. He succeeds Michelle McCarthy and will oversee accounting operations and financial reporting, Mercury said Thursday.

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PNWC's Government Contracting Update

JUNE 11, 2024

This interview focuses on Accounting and Timekeeping systems and other requirements of the SF 1408 (Accounting Systems). We have no first-hand experience with this particular software although it seems to have a lot of features necessary for Government contract accounting. You can access the interview here.

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Redstone Government Consulting

NOVEMBER 8, 2023

Most contractors that have contracts/subcontracts subject to full CAS coverage will eventually want to make a change to a cost accounting practice because there is a “better” allocation method or a change is required to remain in compliance with CAS.

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Redstone Government Consulting

MAY 7, 2024

If you want to provide cloud-based services to Federal Agencies, you will need to get your service approved through the Federal Risk and Authorization Management Program (FedRAMP) managed by the FedRAMP Program Management Office.

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Government Contracts & Investigations

JANUARY 31, 2024

This Cost Corner focuses accounting for unallowable costs. The applicable Cost Principle is FAR 31.201-6, Accounting for Unallowable Costs. 28] Conclusion This article has addressed accounting for unallowable costs. The next edition of the Cost Corner will address penalties for expressly unallowable costs. 6] DCAM, ¶ 6-609.1.a.c.3.

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Government Contracts

NOVEMBER 9, 2023

million forfeiture from two TD Bank accounts after fraudsters swindled the New Haven school board out of $5.9 million and allegedly funneled the cash through TD Bank accounts and a cryptocurrency website. Prosecutors have asked a Connecticut federal judge to order a nearly $1.2

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GovLoop

DECEMBER 1, 2022

The Federal Flexible Spending Account Program (FSAFEDS), administered by HealthEquity, Inc., FSAFEDS provides three account options to support the needs of employees and their families. All three work by automatically deducting money from each paycheck — before payroll taxes —and putting it into an account.

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GovLoop

NOVEMBER 13, 2023

Cloud FinOps is a financial management discipline that creates accountability around cloud usage to help your agency successfully budget for this tech.

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Redstone Government Consulting

FEBRUARY 7, 2024

So, you have a contract with the clause FAR 52.230-2 Cost Accounting Standards , subject to full CAS coverage. If you receive allocations from a home office, the home office must comply with CAS 403, Allocation of home office expenses to segments.

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GovSpend

DECEMBER 21, 2023

So I thought it might be good to revisit the topic of account plans, specifically as it relates to federal contracting. Having a well-developed account plan is crucial for focusing your efforts on business development and managing relationships with strategic customers. It is an essential tool for ensuring the success of any company.

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Redstone Government Consulting

SEPTEMBER 29, 2023

Contractors should select the cost input base which best represents the total activity of a typical cost accounting period for the production of goods and services for the business unit. The standard requires that one of three cost input bases must be used unless there is a special allocation to a particular final cost objective.

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GovSpend

DECEMBER 21, 2023

So I thought it might be good to revisit the topic of account plans, specifically as it relates to federal contracting. Having a well-developed account plan is crucial for focusing your efforts on business development and managing relationships with strategic customers. It is an essential tool for ensuring the success of any company.

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Open Contracting Partnership

JULY 21, 2023

David is the founder of reAcción , a grassroots anti-corruption civil society organization that empowers young people in Paraguay to fight for government transparency and social accountability. Most e-governance technology that attempts to turn citizen feedback into actionable recommendations, is really about upward accountability.

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GovCon Wire

NOVEMBER 27, 2023

Ken Hofgesang is the Vice President, HHS Account Manager at Science Applications International Corporation (SAIC) since September 2022. Ken Hofgesang introduces keynote speaker RDML Tracy Farrill in the Potomac Officers Club-hosted 2023 Healthcare Summit. Reserve your slot now! Who is Ken Hofgesang?

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Inter-American Development Bank

FEBRUARY 19, 2023

In this sense, digitally collecting accounting information from companies is crucial to enable TAs to better measure business activities, such as operations, financing, investments, the performance of companies, and their contractual relationships. CACAO stands for Accounting and Organizational Data Storage and Consultation System.

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ivalua

MAY 25, 2022

The post Turn Accounts Payable into a Strategic Business Partner appeared first on Ivalua.

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Accountability 52

ivalua

JUNE 30, 2021

The post Accounts Payable Metrics That Matter appeared first on Ivalua.

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Accountability 52

Redstone Government Consulting

JULY 15, 2024

In the June 27, 2024 Federal Register , the Cost Accounting Standards Board (CASB) put out a notification that it was looking for input on its efforts to conform Cost Accounting Standards (CAS) to Generally Accepted Accounting Principles (GAAP) related to operating revenue and lease accounting.

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ivalua

SEPTEMBER 3, 2021

The post Accounts Payable Automation appeared first on Ivalua.

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