Compliance Blog

Get up to speed on what is required for setting up an adequate accounting system. DCAA has provided information on their website to help contractors satisfy the requirements imposed by the Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS), and know what to expect in an accounting system audit. We've compiled a list of key resources that small businesses should be familiar with.

ICAT Systems is excited to announce the first on-demand certificate program in government contract cost accounting. This comprehensive course is designed to help government contractors and their accounting professionals master the day-to-day accounting methods and compliance requirements for accounting system compliance, provisional billing rates, and final indirect cost rate proposals.

New SBIR funding opportunities are opening up for proposals soon. If you’re new to government contracts and/or SBIR, you’ll be well served to understand the implications of winning an SBIR award on your accounting practices before we head into 2018. Preparing now to satisfy DCAA compliance requirements with adequate accounting procedures can save you from stress and delayed funding in the new year.