GovCon Wednesdays Estimated Read Time: 5 minutes If you’re bidding on cost-type or flexibly priced government contracts, chances are you’ve heard of SF 1408 and possibly dreaded it. For many contractors, the form feels intimidating, overly technical, or like a pass/fail test they don’t fully understand. In reality, SF 1408 is not meant to trip you up. It’s a structured way for the government to assess whether your accounting system can… Read More
GovCon Accounting Systems & Controls Series #1: What Makes an Accounting System DCAA-Compliant?
GovCon Wednesdays Estimated Read Time: 5 minutes Winning (and keeping) government contracts requires more than competitive pricing and technical expertise. Your accounting system plays a critical role in whether you can bid on cost-type work, bill the government accurately, and withstand audit scrutiny. One of the most common misconceptions we see is this: “DCAA-approved accounting system” isn’t a formal certification. Instead, the Defense Contract Audit Agency evaluates whether your system meets specific criteria designed… Read More
What Happens After a DCAA Audit? The Post-Audit Roadmap GovCons Should Expect
GovCon Wednesdays Estimated Read Time: 5 minutes The audit may be “over,” but the work often isn’t. After DCAA completes fieldwork, the post-audit phase typically shifts from document production to decision-making and resolution—including contracting officer actions, corrective measures (if needed), and final rate/closeout steps. DCAA’s audit process overview confirms audits conclude with reporting results to support Government contract decisions. This guide explains what happens after the audit, what you should do… Read More
Payroll Reimbursements for GovCons: Why QBO Users Should Move Toward Accounts Payable
GovCon Wednesdays – Estimated Read Time: 7 minutes In the world of government contracting, “payroll” and “reimbursements” are often lumped together because they both involve sending money to an employee. However, treating them the same way in your accounting system is a recipe for audit findings. For those using QuickBooks Online (QBO), handling reimbursements correctly is not just about convenience—it’s about protecting your indirect rates and maintaining an audit-ready labor distribution… Read More
DCAA Audit Outcomes: Pass, Deficiency, or Corrective Action — What Happens Next for GovCons
GovCon Wednesdays Estimated Read Time: 5 minutes When a DCAA audit wraps, most contractors ask the same questions: “Did we pass?” “Is this a deficiency?” “What do we have to fix—and how fast?” The reality is that DCAA issues audit results, and then contracting leadership (often the Administrative Contracting Officer / ACO) uses those results to make decisions about system adequacy, rates, billing, and next steps. FAR confirms that the Government evaluates and… Read More
Jury Duty Leave Explained: Pay, PTO, and Compliance for Employers
GovCon Wednesdays – Estimated Read Time: 6 minutes Jury duty is one of those areas where compliance, payroll, and employee expectations all intersect—and where many companies unintentionally get it wrong. At first glance, it seems simple: an employee is called to serve, and the company adjusts. But once you factor in salary rules, PTO policies, and state-specific requirements, the situation becomes far more nuanced. For government contractors especially, how you… Read More