Insider Threat Program Implementation
Contractors that have a facility clearance through the Department of Defense’s Defense Security Service (DSS) must have a written plan in place for the implementation of [...]
Goodwill Impairment – Simplified
On January 26, 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2017- 04, Intangibles – Goodwill and Other (Topic 350): Simplifying the [...]
Changes to Not-for-Profit Revenue Recognition
As the implementation deadline of the new revenue recognition standards (ASU 2014-09) approaches, there are many companies and organizations scrambling to grasp the impact that [...]
Federal Acquisition Regulation on the Best Seller List?
The U.S. General Services Administration (GSA) has released the first ever iBook version of the Federal Acquisition Regulation (FAR). While the FAR may never be [...]
Maximizing Your Charitable Donation
Many charitable donors plan giving ahead of time, knowing what items will be donated to which organizations. However, not all donations are created equal. The [...]
Costs Related to Extraordinary Reviews of Unsettled Overhead Costs
On September 28, 2016, DCAA removed Chapter Seven from the Contract Audit Manual (CAM) and released a new seventy-five chapter document entitled “Selected Areas of [...]
Income Distribution – Deciding How to Split the Pie
Having partners in a medical practice definitely has its advantages. You have peers to share the workload and to share costs, which often drives up [...]
The Sandwich Generation – Taking a Bite out of the Burden
They call us the Sandwich Generation, the middle layer between grown or growing children who depend on us and parents who also depend on us. [...]
How to Qualify as a Small Business Government Contractor
So you are considering or have decided that you want to do business with the United States Government. Why not when the government spends over [...]