If you intend to contract for any government agency, you should expect to face many DCAA audits during the course of your career. Unlike IRS audits, which usually only occur when something in your records is called into question, DCAA audits occur virtually every time...
All businesses must have some form of accounting. For some small companies, business owners are comfortable maintaining their own books. For others, an in-house accounting department handles the finances. But for government contractors, a professional accountant that...
Every business has at least some basic accounting needs. If you have a professional income and spend money to keep your business running, it’s important that you’re properly maintaining your books and keeping up with all of your financial records. While some...
Simply hearing the word “audit” can be enough to put a knot in the pit of your stomach. But the good news is, an audit from the IRS probably won’t be nearly as difficult as you think it will be. In fact, if you’re a government contractor, you’ve probably dealt with...
