Mar 30, 2020 | Contractor Business Systems and Reviews, Government Contract Accounting, FAR, and CAS, Other Government Regulatory Topics, Regulatory Updates
The Office of Management and Budget (OMB) has relaxed key requirements of 2 CFR 200 on grantees, including extending Uniform Audit submissions up to six months, extending indirect cost rates, and expanding definitions of reimbursable costs, among other financial and...
Feb 12, 2020 | Other Government Regulatory Topics
Katie Arrington, the special assistant to the assistant secretary of defense for acquisition for cyber, reiterated recently that Cybersecurity Maturity Model Certification (CMMC) compliance expenses will be considered an allowable cost. She remarked, “We are...
Feb 10, 2020 | Other Government Regulatory Topics
The DOD released the Cybersecurity Maturity Model Certification (CMMC) Model v1.0 requirements on Friday, January 31, 2020. The CMMC was created to protect controlled unclassified information and respond to the ever-increasing presence of cyber threats and intrusions...
Feb 4, 2020 | Contractor Business Systems and Reviews, Government Contract Accounting, FAR, and CAS
Ryan Byrd and Myah Monjure will discuss topics including requirements and potential pitfalls involved in filling out the Incurred Cost Submission (ICS); the latest Defense Contract Audit Agency (DCAA) guidance and trends; and the process of preparing for an ICS audit....
Feb 3, 2020 | Contractor Business Systems and Reviews, Government Contract Accounting, FAR, and CAS
Small Business Subcontracting Plans (SBSP) have seen a recent uptick in compliance attention and audits. This increase includes focused attention on SBSPs as part of contractor purchasing system reviews (CPSR). CPSRs involve review of at least thirty distinct...
