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Government Contracting

Common DCAA Findings (and How to Avoid Them): A Practical Guide for GovCons

March 18, 2026 by Vik Singh

Most common DCAA audit findings for GovCons including timekeeping deficiencies, unallowable costs, and indirect rate reconciliation errors.

GovCon Wednesdays Estimated Read Time: 5 minutes Most DCAA “findings” aren’t about bad intent they’re about weak controls, inconsistent documentation, or preventable process gaps. The good news: the most common issues repeat across contractors, which means you can address them before an auditor does. This post covers the most frequent DCAA audit findings Government contractors run into and a straightforward way to prevent each one.   What DCAA means by a “finding”… Read More

Filed Under: DCAA Audit Readiness Tagged With: Audit Findings, Audit Readiness, DCAA Audit, GovCon Compliance, Government Contracting, Indirect Rates, Labor Charging, Timekeeping Compliance, Unallowable Costs, VSINGH CPA

Pre-Audit Readiness Checklist for GovCons: What to Have Ready Before DCAA Knocks

March 11, 2026 by Vik Singh

DCAA pre-audit readiness checklist for government contractors including SF 1408 accounting system adequacy and timekeeping controls.

GovCon Wednesdays Estimated Read Time: 5 minutes A DCAA audit is rarely “surprising” once you know the triggers but the scramble usually happens because contractors don’t have a repeatable readiness package. The fastest way to reduce disruption is to prepare a checklist you can revisit monthly (not the week you get the email). This pre-audit readiness checklist is designed for government contractors who want to be audit-ready for common DCAA… Read More

Filed Under: DCAA Audit Readiness Tagged With: Audit Checklist, Audit Preparation, DCAA Audit, GovCon Compliance, Government Contracting, ICS Readiness, Indirect Rates, SF 1408, Timekeeping Compliance, VSINGH CPA

What Triggers a DCAA Audit? The 8 Most Common Triggers GovCons Should Watch For

March 4, 2026 by Vik Singh

Identifying common DCAA audit triggers including SF 1408 pre-award surveys, FAR 52.216-7 requirements, and timekeeping floor checks for government contractors.

GovCon Wednesdays Estimated Read Time: 5 minutes DCAA audits usually don’t happen “out of nowhere.” In most cases, an audit is triggered because the Government needs independent audit support to make a contract decision (award, rates, billing, or closeout), or because your contract type and clauses require specific compliance steps. This post breaks down the most common DCAA audit triggers and what government contractors can do to stay audit-ready without overbuilding processes. Why… Read More

Filed Under: DCAA Audit Readiness Tagged With: Audit Readiness, Audit Triggers, DCAA Audit, FAR 52.216-7, GovCon Compliance, Government Contracting, Incurred Cost Submission, Indirect Rates, SF 1408, Timekeeping Compliance

ICS Essentials #8: How to Prepare a Compliant ICS (Documentation & Best Practices)

February 25, 2026 by Vik Singh

Best practices for preparing a compliant Incurred Cost Submission (ICS) including labor timesheets, subcontractor invoices, and Schedule N certification support.

GovCon Wednesdays Estimated Read Time: 5 minutes Preparing a compliant Incurred Cost Submission (ICS) requires more than filling out schedules, it requires accurate documentation, consistent accounting practices, and strong compliance with FAR cost principles. This final installment in the ICS Essentials Series explains the best practices contractors should follow to assemble an accurate and audit-ready ICS package. All recommendations are based on your ICS slide deck guidance. Core Concept: What… Read More

Filed Under: ICS Tagged With: Audit Readiness, Compliance Checklist, DCAA Audit, FAR 52.216-7, GovCon Accounting, Government Contracting, ICS Checklist, ICS Preparation, Incurred Cost Submission, Indirect Rates

ICS Essentials #7: Key FAR Clauses You Must Know for ICS Compliance

February 18, 2026 by Vik Singh

Key Federal Acquisition Regulation (FAR) clauses for ICS compliance including FAR 52.216-7, FAR 31.2 cost principles, and T&M payment rules.

GovCon Wednesdays Estimated Read Time: 5 minutes Every Incurred Cost Submission is built on a foundation of key Federal Acquisition Regulation (FAR) clauses. These clauses define what costs are allowable, how they must be documented, and which contracts require ICS filing. Understanding these FAR requirements is essential for preparing a compliant ICS and avoiding questioned or disallowed costs. This article outlines the clauses highlighted in your ICS slide deck. Core… Read More

Filed Under: ICS Tagged With: Contract Compliance, DCAA Audit, FAR 15.403-4, FAR 31 Cost Principles, FAR 52.216-7, FAR Clauses, GovCon Compliance, Government Contracting, Incurred Cost Submission, VSINGH CPA

What We’re Bringing Back From the National 8(a) Small Business Conference

February 16, 2026 by Vik Singh

Practical GovCon lessons every small business should apply now The National 8(a) Small Business Conference was packed with honest conversations, real-world advice, and reminders that success in government contracting is less about checking boxes and more about building trust, credibility, and consistency. At VSINGH CPA, we didn’t just attend, we listened carefully with our clients in mind. Below are the most practical, immediately usable takeaways we’re bringing back to you…. Read More

Filed Under: GovCon Insights Tagged With: Business Development, Federal Contracting, GovCon Insights, Government Contracting, National 8(a) Conference, Networking, Proposal Strategy, SBA 8(a), Small Business Strategy, VSINGH CPA

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