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Posts Tagged ‘government compliance’

VIDEO: Government Contractor “Easily” Handles Compliance with Dynamics SL

NuScale Power is a developer of safe, small, and economical nuclear reactor technology. When they realized their future meant getting into the federal market, they knew their existing accounting system (QuickBooks) was problematic when it came to government compliance. In this video, Controller Julie Adelman explains their top three accounting-system anxieties and how Microsoft Dynamics […]

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Dynamics SL Boosts Project Profitability, Enables Government Compliance for Engineering Firm

In September at the Dynamics SL User Group conference in San Diego, I sat down with Kevin Sullivan, Chief Financial Officer of Vista Engineering Technologies, and asked him how Dynamics SL and Synergy have empowered his organization. “Using Dynamics SL’s Project Controller [project accounting software module] has virtually eliminated our project overruns and has boosted […]

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4 Hurdles to Clear When Entering the Federal Market

Government contractors who do business with the Department of Defense or other federal agencies face unique challenges not present in the commercial sector. The government, often the Defense Contract Audit Agency (DCAA), wants to ensure you follow sound cost accounting practices for measuring, assigning, and allocating project costs to cost objectives under federal contracts. Having […]

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Government Contractors’ First Step for Success: Engage with a Partner Who Knows the Rules (FAR, CAS, and DCAA Audits)

The Federal Acquisition Regulation (FAR) is contained in a book that is 1,792 pages and almost two and a half inches thick. The government Cost Accounting Standards (CAS) are described in another book that isn’t much smaller. It is 841 pages and 1.5 inches thick. These two publications make up the rules and regulations all […]

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New White Paper! Learn 4 Keys to Successful Government Contracting

Are you doing or pursuing contracts with the Department of Defense or another federal or state agency? Then our new white paper will help. It lays out four essential ingredients an organization must have to pass government audits and fulfill contracts efficiently. As a government contractor, you must provide detailed cost information—direct and indirect expenses […]

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3 Essentials to Becoming a Profitable Government Contractor

Government contractors, who do business with the Department of Defense or other government entities (e.g. states that now follow federal regulations), face an enormous challenge: you must provide detailed cost information—direct, indirect, and overhead expenses—for each contract, project, and task in order to remain compliant to government requirements and/or the Defense Contract Audit Agency (DCAA). […]

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Meet Compliance Requirements with Advanced Human Resources in Microsoft Dynamics GP

A mental health services agency needed to prove to the state that their employees all had the licenses and certifications required to do their jobs. Previously, the human resources department was tracking this information in an Excel spreadsheet and manually calculating expiration dates, a cumbersome process sometimes prone to inaccuracies. During an audit, they had […]

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Relief for Government Contractors and Project-centric Companies

Do you struggle to track project profitability? Is the prospect or the practice of complying with federal or state government contracts a heavy burden? Complex project management and/or strict government compliance shouldn't bar you from effectively accounting for projects and making a profit. To effectively account for costs and revenues on projects and/or contracts, it's critical […]

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