Compliance Blog

Whether you are preparing for cost-type contracts, or simply want a complete understanding of the costs associated with specific jobs, you need to understand how to structure your accounting system for government contracting. Join us for a live educational webinar to learn how to prepare your accounting system for government contracting.

Get up to speed on what is required for an adequate accounting system, know what to expect in an accounting system audit, and see how DCAA evaluates incurred cost proposal adequacy. We've compiled a list of key resources from DCAA that small businesses should be familiar with.

Learn what a Preaward Accounting System Review entails and the SF1408 compliance criteria you need to have in place for DCAA compliance.

In government contract accounting, indirect costs are accumulated into cost pools, then allocated among those contracts benefitting from the indirect costs. How can you structure indirect cost pools in the QuickBooks chart of accounts to record indirect costs and satisfy SF1408 item 2(c)?