by Brandon Lee | Dec 3, 2018 | Blog
FAR 4.7 states “Contractors shall make available records, which includes books, documents, accounting procedures and practices, and other data, regardless of type and regardless of whether such items are in written form, in the form computer data, or in any other...
by Brandon Lee | Sep 17, 2018 | Blog
Why are credit card receipts needed? FAR 31.205-46(a)(7) states that costs are allowable only if the contract maintains specific documentation to support claimed travel costs. Documentation such as cancelled checks, credit card receipts, and hotel bills are to be...
by Brandon Lee | Jul 6, 2018 | Blog
DCAA auditors periodically perform physical observations of work areas and interviews of employees to determine if: employees are actually at work employees are performing in their assigned job classification employee time is charged to the appropriate job or indirect...
by Brandon Lee | Jun 8, 2018 | Blog
When preparing expense reports, and ultimately claimed expenses on the annual incurred cost submission, it is important to understand how an auditor will be looking at your expenses, and what FAR rules and regulations they will measure those expenses against....
by Brandon Lee | May 25, 2018 | Blog
Once your Contracting Officer negotiates and awards you your contract (and all documents are signed), quite often your contract will be handed off to the Defense Contract Management Agency (DCMA) who is now responsible for managing and administering the contract. In...
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