Retro Pay or Bonus?

How many times have your government contracts received approval for rate changes after the employees have been paid? This causes payroll dilemmas for many government contractors. Your employee worked 50 hours on a project at the old rate, but a…

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How to Survive an Audit

Just the idea of being audited by the IRS strikes fear into the hearts of most small business owners. Some peace of mind should be found in the fact that audits are pretty rare for one simple reason: money. The…

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How Modern Technology Has Changed Accounting

The accounting industry has changed dramatically over time with advances in technology. While we may immediately think of the computer, the first real improvements in accounting technology took place several decades ago when numbers no longer needed to be added by hand. After…

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What’s New With DCAA Compliancy?

The Defense Contract Audit Agency (DCAA), the agency that performs audits on jobs handled by contractors and subcontractors that work for the government, is expected to implement some changes in the upcoming fiscal year. DCAA audits are aimed at preventing fraud and…

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5 Things Your Forensic Advisory Team Should Know

Forensic accountants require unique skills and training in order to blend accounting, auditing, and investigative skills to uncover and analyze financial data. In addition, to uncovering fraud, forensic accountants provide litigation support in a courtroom setting. If you are a…

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