Government contractors are faced with accounting rules and regulations that those in the commercial sector rarely (if ever) have to worry about. Doing business with the government means that you must adhere to complex governance and compliance rules. Government contractors must collect and retain detailed information to comply with audits by agencies such as the DCAA [...]
continue reading...Posts Tagged ‘dynamics sl for government contracting’
What Is So Unique About a Government Compliance Accounting Solution Anyway?
Compliance, compliance, compliance! As a software professional with over 15 years in the government contracting market, I find the that the fear of failing a DCAA audit is the biggest driver for government contractors to search for a new financial accounting package. Whether you are a start-up, have won your first cost-plus contract, or are facing [...]
continue reading...Dynamics SL Well Suited for Government Contractors’ Unique Accounting Needs
Doing business with the government creates great opportunities and challenges. On the one hand, the Federal government is the largest purchaser of goods and services in the world. But governments are answerable to their stakeholders – the citizens. This creates a myriad of rules, regulations, governance, and compliance. Government contracting means facing DCAA audits and [...]
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