GovCon Intelligence

DCAA treats timekeeping as the highest-risk area in contractor accounting systems. This guide covers the 8 core requirements, floor check procedures, and how to build a compliant timekeeping system.

The SF 1408 pre-award survey determines whether your accounting system qualifies for cost-type government contracts. This guide covers all 14 evaluation criteria, 5 common failure points, and a preparation checklist.

DOGE has terminated over 10,000 federal contracts and put every government contractor on notice. This financial and compliance briefing covers which agencies are hit hardest, your legal rights, and 7 protective actions to take now.

FAR 31.205 defines which costs government contractors cannot charge to federal contracts. Missing even one category exposes your firm to questioned costs, penalty assessments, and indirect rate adjustments across every open contract.

Government contractors face a 45-75 day payment cycle that commercial businesses never encounter. This guide covers cash flow forecasting, invoicing discipline, financing options, and building reserves that absorb payment shocks.

Government contract profitability requires CLIN-level cost tracking, not commercial P&L thinking. Here is how to set up job costing, catch underperforming contracts early, and protect your margins across FFP, cost-reimbursable, and T&M work.

Winning a government contract changes your accounting obligations overnight. The federal government requires a different financial system than commercial work, and the penalties for non-compliance hit your revenue directly.

The federal government rewrote major sections of the FAR, raised CAS thresholds by 1,300%, and changed how DCAA auditors evaluate your business systems. Contractors who miss these updates risk losing billing rates, triggering payment withholds, or failing their next audit.

QuickBooks is a capable platform for government contract accounting, when configured correctly. Here are the specific configuration steps that make the difference between passing and failing a DCAA audit.

Indirect rate calculation is one of the most misunderstood areas of government contract accounting. Here is how fringe, overhead, and G&A rates actually work, with step-by-step instructions.