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DCAA Compliance Checklist

This is the typical process that federal contractors adhere to in order to become and remain DCAA compliant. 1. Complete the Pre-award Survey of Prospective Contractor Accounting System Checklist. a. This survey is a checklist of the DCAA requirements of contractor’s...

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Senior Executive Compensation Benchmark

FAR Proposed Rule: Senior Executive Compensation Benchmark applicable to all contractor employees effective January 1, 2012 (certain agencies) In this proposed rule, DoD, GSA, and NASA are proposing to amend FAR 31.205-6(p) to require that the compensation costs...

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Very Important QuickBooks Lists

In QuickBooks, there are three very important LISTS that provide the framework for all of your transactions.  When encountering account coding difficulties within the QuickBooks transactions, you should refer to your lists for an understanding of your basic accounting...

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