DCAA Accounting System Requirements

DCAA Accounting System Requirements

Contracting office or DCMA conducts Pre-award survey to consider responsibility of prospective contractor. Design of the DCAA Accounting system is part of the Pre-award survey (SF 1408 Criteria) DCAA requested to evaluate design of Accounting system Preaward...

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COVID-19/PPP/FFCRA GUIDANCE

COVID-19/PPP/FFCRA GUIDANCE

COVID-19 PPP, FFCRA GUIDANCE: As many of you prepare for taking PPP (Paycheck Protection Program) funding and have to deal with the FFCRA (Families First Coronavirus Response Act) sick leave requirement, many are asking how to account for this in your accounting...

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DOD Issues final rule regarding contract closeout authority

DOD Issues final rule regarding contract closeout authority

On April 30, 2019, DOD published a final rule, regarding contract closeout authority, effective immediately, amending the DFARS (Federal Acquisition Regulation) to implement Section 836 of the 2017 NDAA. Section 836, as further amended by Section 824 of 2018 NDSS,...

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