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Home News Archive On the Road Again

On the Road Again

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We beg your continued indulgence for the lack of productivity. To be clear: we are being productive; you just can’t tell from the output of blog articles.

I finished the 6-week SDSU class but had to make an unexpected two-day trip to a place for a business-related thing. Plus, while I have finished editing the CAS book, I still need to finish editing the FAR book. I have to hurry on the second book because I won’t be in the U.S. for the last week that Lexis/Nexis has given me for the editing schedule. (I’ll be in Germany doing another business-related thing.) And when I get back, I have to go to San Francisco for still another business-related thing (arbitration hearing). So, yeah. Kinda busy over here right now.

Here’s some content to (hopefully) tide you over:

Without going into too much detail, it’s becoming clear that DCAA is getting serious about performing more contractor business system audits. We continue to doubt that they will perform as many as they have promised; however, we’re pretty sure they will be performing more than they have in recent years (which is a grand total of “very few”).

The point is: you should talk to your DCAA folks and see what their plans are with respect to your business systems. It would be a shame to have DCAA show up unexpectedly, leaving you feeling unprepared. The consequences of that situation could be … unfortunate.

More to come when time permits….

 

UPDATE: The FAR book is done & turned into the publisher.

 

Newsflash

Effective January 1, 2019, Nick Sanders has been named as Editor of two reference books published by LexisNexis. The first book is Matthew Bender’s Accounting for Government Contracts: The Federal Acquisition Regulation. The second book is Matthew Bender’s Accounting for Government Contracts: The Cost Accounting Standards. Nick replaces Darrell Oyer, who has edited those books for many years.