Jan 13, 2022 | Government Contract Accounting, FAR, and CAS
The American Institute of CPAs (AICPA) recently recognized Courtney Lee, CPA, CFF as a Forensic and Valuation Services (FVS) Standing Ovation recipient for significant contributions to her practice area and community. Ms. Lee is a managing consultant in BRG’s...
Oct 25, 2021 | Cybersecurity Maturity Model Certification (CMMC), False Claims Act
The US Department of Justice (DOJ) recently took a big step toward putting in place an enforcement regime that has the potential to carry significant risk for government contractors that do not have in place proper cybersecurity policies and procedures. On October 6,...
Aug 19, 2021 | Contractor Business Systems and Reviews, Government Contract Accounting, FAR, and CAS
The US Office of Management and Budget (OMB) 2021 Compliance Supplement is available. On December 26, 2013, OMB Circular A-133 was superseded by the issuance of 2 CFR Part 200, Subpart F. Among other things, those changes increased the audit threshold to $750,000 for...
Aug 17, 2021 | Contractor Business Systems and Reviews, Government Contract Accounting, FAR, and CAS, Procurement
Government contractors, like most businesses, have faced difficult operational and financial challenges since the emergence of the COVID-19 pandemic in March 2020. Quick federal legislation with contractor relief mechanisms followed with the $2.2 trillion CARES Act,...
Jul 26, 2021 | Contractor Business Systems and Reviews, Government Contract Litigation, and Bid Protests, Regulatory Updates
The US Department of Labor Office of Federal Contract Compliance Programs (OFCCP) review will involve a compliance check to determine whether contractors have maintained records consistent with Executive Order 11246, Section 503 of the Rehabilitation Act, and the...
