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Why Growing Government Contractors Run Into Cash Flow Problems
What's in This Article: The Growth Paradox in Government Contracting Why Revenue Growth Doesn’t Equal Cash Flow The Most Common Causes of GovCon Cash Flow Problems Why Cash Flow Problems Often Go Unnoticed Turning Financial Data Into Cash Flow Insight Why...
DCMA vs. DCAA
What's in This Article: What Government Contractors Need to Know What Does DCAA Do? What Does DCMA Do? DCMA vs. DCAA: The Key Differences When do DCAA and DCMA Get Involved? Can DCAA or DCMA Become Involved With Civilian Federal Agency Contracts? How Government...
Mastering Compliance and Risk Management in Government Contracts from a Finance Perspective
What's in This Article: Dodging Pitfalls Understanding Compliance in Government contracts Identifying Financial Risks in Government contracts Effective Risk Management Strategies The Bottom Line Frequently Asked Questions Dodging Pitfalls Government contracts are a...
Government Contracting for Growing Businesses: What You Need to Know Before You Bid
What's in This Article: Government Contracting What Is Government Contracting? Where Government Contract Opportunities Come From Registering Your Business to Work with the Government Common Types of Government Contracts Financial Readiness Matters More Than Many...
Accrual Accounting Vs. Cash
What's in This Article: Cash Accounting Accrual Accouning In The End Frequently Asked Questions Cash vs Accrual Accounting You have finally taken the leap and started the business you have always dreamt about. However, now you must make one more tough decision: what...
Why CEOs Confuse Work in Progress (WIP) with Contract Backlog & Why It Matters
What's in This Article: WIP & Contract Backlog Two Reports, Two Different Questions What Work in Progress (WIP) Really Measures Where ASC 606 Fits into the Picture What Contract Backlog Really Measures Why Strong Backlog Doesn't Always Mean Strong Cash Flow Five...
Why Government Contractors Win More Contracts but Still Struggle With Profitability
What's in This Article: Winning Contracts Doesn’t Always Mean Winning Financially The Revenue Growth Trap in Government Contracting Indirect Rates Can Quietly Reduce Profit Contract Profitability Is Rarely Examined Closely Cash Flow Challenges in Government...
Why Government Contractors Fail the Pre-Award Survey and How to Pass with Confidence
What's In This Article: Pre-Award Survey What Is a Pre-Award Survey? Common Reasons Businesses Fail the Pre-Award Survey Want Bigger Federal Contracts? How to Prepare Before the Government Knocks The Opportunity Is Worth It Frequently Asked Questions Pre-Award...
The Accounting KPIs Every Growth-Focused Business Should Track
What's in This Article: Accounting KPIs Why KPIs Matter for Your Growing Business Advanced KPIs for Planning and Growth How to Measure and Monitor KPIs Effectively Using KPIs to Drive Strategic Action Wrapping Things Up Frequently Asked Questions Accounting KPIs...