Guest Author: Mark Vogtman, Co-Founder and CFO of GovTribe  (View the original post on the GovTribe Blog HERE) In case you missed it, I had a webinar discussion with my friend Dan Rusert at JAMIS Software on March 5th. We talked about DCAA compliant accounting [..Read More..]

This week, we’re featuring content written by Amber Hart, Co-Founder of The Pulse of Government Contracting.  The full original post “Contract Lingo Bingo: A Guide to IDIQ, GWAC and BPA Contracts”, written in late 2017, can be found HERE. So your company is hunting “big game” in [..Read More..]

JAMIS is one of the premier providers of software solutions tailored to the government contracting industry.  This means that we take security very seriously.  Whether it be JAMIS Prime ERP’s source code, the security controls we have in place, or the cloud servers that we [..Read More..]

An organization will decide to purchase a new enterprise software system for a variety of reasons.  It can be justified due to growth, the need to automate business processes and cut costs, achieve organizational efficiency, or potentially prepare for better regulatory compliance adherence.  It can be [..Read More..]

With more than 300 on-staff professionals and 17 partners, Raffa is now recognized as one of the 100 largest and best-managed accounting firms in the U.S. Serving as strength trainers and back office solution providers to nonprofit organizations and businesses.  Take a look at a [..Read More..]

On May 28, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09 Revenue from Contracts with Customers (Topic ASC 606). The standard outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. It [..Read More..]

Guest Post By: Katie Bilek – Senior VP, Republic Capital Access and Co-Founder of Govmates Springing up like daffodils in April is a glut of finance companies purporting to be “best-in-class” at financing government contractors.  Most often these companies provide working capital financing to help [..Read More..]

DFARS 252.242-7006 – Definition of an accounting system “The contractor’s system or systems for accounting  methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, [..Read More..]

The first thing you should know is that each government contractor’s processes, including policies and procedures, should be well documented and enforced in order to achieve DCAA compliance.  Implementing a timesheet software application alone cannot guarantee compliance, however, there are software systems such as JAMIS [..Read More..]