Government contracting can be a lucrative opportunity for businesses, but it also comes with unique risks and challenges. As a government contractor, you need to comply with various regulations and requirements to avoid financial penalties or even legal action. It’s...
As a government contractor, the audit process can be daunting and confusing; unfortunately, is also an inevitability, and it’s imperative that you’re prepared to face these audits on a regular basis. Understanding the audit process and preparing for it can help your...
DCAA audits are standard procedure for anyone who contracts with the federal or local governments. Unlike tax audits and some other types of audits, a DCAA audit is not triggered when an error is detected or when the contractor is suspected of wrongdoing; rather,...
Breaking into the world of federal contracting may seem daunting, but with the right approach and guidance, it is an attainable goal. As specialized accountants working with government contractors, we understand the dedication and effort required to secure that first...
Government contracting presents a world of potential for ambitious business owners seeking high-paying and consistent contract work. With federal and local governments serving as major buyers of goods and services, contractors who establish strong relationships and...
When you’re just starting out with building your business, it’s not uncommon to manage your own accounts. After all, when you’re the only employee, you only have a handful of clients paying you each month, and you only have one account to keep track of, bookkeeping...
