government accounting | Government Contract Consulting

The shifting sands of cybersecurity: DOD’s interim rule further burdens contractors

Article by Dentons Key contacts Phillip R. Seckman Partner, Denver D +1 303 634 4338 Email Erin B. Sheppard Counsel, Washington, DC D +1 202 496 7533 Email Michael J. McGuinn Senior Managing Associate, Denver D +1 303 634 4333 Email The Department of Defense (DOD) earlier today issued an interim rule, effective immediately, that significantly increases existing cybersecurity requirements for DOD contractors. [...]

By gov IRG|2023-04-03T13:44:13+00:00August 28th, 2015|Government Contractor Requirements|Comments Off

Update: DoL changes Federal contractor reporting requirements and affirmative action obligations for hiring veterans

This report must be submitted by all government contractors! Major Change: The VETS100 report has been replaced by the VETS-4212 report. Which contractors are covered by the VETS-4212 reporting requirements? All nonexempt Federal contractors and subcontractors with a contract or subcontract in the amount of $100,000 or more with any department or agency of [...]

By gov IRG|2023-04-03T13:44:14+00:00August 7th, 2015|Government Compliance Update|Comments Off

Are you overwhelmed with government accounting procedures and policies?

FAR compliance is important regardless of DCAA being involved, as it is still required by your contract, and good accounting is inherent to good business practices. Ensuring compliance related to DCAA requirements will allow your business to continue a successful relationship with the government, while avoiding: repayments, penalties, delay or loss of contract and wasted [...]

By gov IRG|2023-04-03T13:44:15+00:00July 9th, 2015|Government Accounting|Comments Off

Arrowhead Solutions is Excited to Announce the Addition of Two New Team Members

Michelle Gunderson After years of experience as a Senior Tax Officer for various companies, Michelle has joined our team as Government Accounting Specialist. Michelle’s Capabilities Include: Preparing monthly closings for government contracting firms Monthly bookkeeping (e.g. QuickBooks) Tax Returns DCAA Audits Annual incurred cost proposals Prepare timely compliance testing General Consulting (i.e. Government Accounting) [...]

By gov IRG|2023-04-03T13:44:15+00:00June 4th, 2015|Arrowhead Solutions, LLC - Government Contract Solutions|Comments Off

GSA Professional Services Schedule Slated to Roll Out October 1, 2015

Blog Carrie Grigg | Government Contracts Specialist The General Services Administration (GSA) set October 1, 2015 as the official date to consolidate their professional services schedules into one contract, known as the PSS (Professional Services Schedule). A few points to know about the PSS migration: If your firm holds one professional services schedule, you will [...]

By gov IRG|2023-04-03T13:44:15+00:00April 13th, 2015|GSA Post-Award Support and Compliance|Comments Off

New March 2015 Uncompensated Overtime Clause

Important Update 52.237-10 -- Identification of Uncompensated Overtime. As prescribed in 37.115-3 , insert the following provision: Identification of Uncompensated Overtime (Mar 2015) (a) Definitions . As used in this provision -- “Adjusted hourly rate (including uncompensated overtime)” is the rate that results from multiplying the hourly rate for a 40-hour work week by 40, and then [...]

By gov IRG|2023-04-03T13:44:16+00:00March 26th, 2015|Government Compliance Update|Comments Off

Compliance Trends in Government Contracting for 2015 – BLOG CARRIE GRIGG

The necessity of compliance isn’t going anywhere: That may seem like an obvious statement, but despite declining budgets, many federal agencies will increase audits and fraud investigations in 2015. The Department of Health and Human Services Fiscal Year 2015 Budget in Brief states, “The Budget includes $400 million in discretionary and mandatory funding for the [...]

By gov IRG|2023-04-03T13:44:17+00:00January 20th, 2015|Arrowhead Solutions, LLC - Government Contract Solutions|Comments Off

DCAA – Is Your Company Ready?

Most likely, your answer to this question is, “I don’t know”. It's often the case that a company thinks maybe they could be ready for a DCAA audit, but has little confidence that they would pass. On the other end of the spectrum, are you a company who thinks you're definitely ready for DCAA because [...]

By gov IRG|2023-04-03T13:44:19+00:00October 7th, 2014|DCAA|Comments Off