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 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...
Jan 31, 2020 | Contractor Business Systems and Reviews, Government Contract Accounting, FAR, and CAS
The US Civilian Board of Contract Appeals (CBCA) released its FY 2019 Annual Report earlier this month. Despite a slight decline in cases filed and resolved in FY 2019, CBCA judges and staff remained active, highlighted by a new mission to support Federal Emergency...
Jan 30, 2020 | Contractor Business Systems and Reviews, Government Contract Accounting, FAR, and CAS, Regulatory Updates
On December 31, 2019, the Department of Defense (DOD) issued a final rule increasing the DOD contractor purchasing system review (CPSR) dollar threshold from $25 million to $50 million. The new final rule, which was proposed in May 2019, empowers administrative...
Jan 10, 2020 | Government Contract Accounting, FAR, and CAS
Ryan Byrd will take part in a panel on “Cost Principle Anomalies and Quirks” and discuss aspects of the Uniform Guidance’s cost principles on January 14. Find out more and register.
