Government Contracting

With nearly $3 trillion in U.S. military assets audited in 2018 and 2019, the Department of Defense (DoD) has made it clear that defense audits should be classified as an annual exercise rather than an occasional review. Prepare with some basics of DCAA and DCMA audit readiness and valuable tips on compliant asset management.

Manufacturing does not have to be the primary source of profit for government contractors, but if it’s not managed with the three pillars of success in mind, it could invite increased scrutiny from contracting agencies. Learn what it means to “get it right” in the areas of engineering services or discrete manufacturing through the tenets of quality, traceability and efficiency.

One thing that is certain in these uncertain times is that the Department of Defense (DoD) is moving forward with its plans for Cybersecurity Maturity Model Certification (CMMC). Though the onset of COVID-19 has somewhat slowed assessment program efforts, the goal to protect Federal Contract Information (FCI) and Controlled Unclassified Information (CUI) remains intact. Explore how cloud service providers can be an important step with helping fulfill CMMC requirements.

Government contractors are starting to see audit notifications from the Defense Contract Audit Agency (DCAA) as they enforce new accounting system compliance requirements. What can firms expect from these audits, when will they be informed and how can they best prepare? Partner expert Baker Tilly helps fill in a few blanks on the new rules of the road.

For government contractors that have a pending contract award, or are considering bidding on a contract with the Department of Defense (DoD), the department’s new Integrated Program Management Reporting (IPMR) requirement is a significant change in earned value management (EVM) reporting. Deltek expert partner BDO provides some answers to topline questions about Integrated Program Management Data Analysis Report (IPMDAR) and keeping compliant.

Whether you are taking your first steps as a government contractor or have a Ph.D. in RFPs (request for proposals), chances are some of the first agency acronyms you filed away for future work are FAR (Federal Acquisition Regulation) and CAS (Cost Accounting Standards). Peek behind the curtain for each to gain some important compliance readiness tips and resources.

Compliance was the hottest blog topic for 2019. Look back at some of Deltek’s most reviewed posts, covering everything from Defense Contract Audit Agency (DCAA) and Defense Contract Management Agency (DCMA) audits, procurement software benefits and FAR and GSA compliance to better understand the compliance rules of engagement for 2020.

All Department of Defense (DoD) suppliers are impacted by the Financial Improvement Audit Readiness initiative (FIAR). Primarily, it has to do with the costs charged to the DoD and whether the internal systems used to manage the details for government contractors match agency standards.

Finance and financial compliance leaders have gone on the record with the 10th Annual Deltek Clarity Government Contracting Industry Study… they are feeling bullish about the market, organizational growth and audit preparedness. But, will the optimism last?

Four words a government contractor doesn’t expect to see in the same sentence—“DCAA audit” and “worry free.” Deltek partner expert Aronson, LLC, reviews how to go from scared to prepared when it comes to the three audits government contractors are most likely to encounter.