Developing an Indirect Cost Allocation Plan

Was your rate structure used to allocate indirect costs to your products or services established to satisfy your accounting software? Was it dictated by your customer? Did you set it up because you thought that is what was needed to win contracts? Did you get it from a book or seminar, or even Google? If you answered “yes” to any of these questions, you need to read further.

2019-03-19T15:29:09-04:00February 7, 2019|Categories: Accounting, Government Contracting|Tags: , , |

Four Ways Government Contractors Can Improve Their Accounting Systems

As government contractors grow to gain new clients and hire more staff to perform the obligations, the accounting system must grow too. Small and emerging government contractors can properly account for costs incurred on government cost-type contracts without overcomplicating the process.

2018-12-21T15:02:55-05:00October 24, 2018|Categories: Government Contracting|Tags: , |

Understand Your Indirect Expense/Overhead Rate Structures

One of the least appreciated and most maligned tools in management’s toolbox is the indirect expense or overhead rate structure. The indirect expense rate structure [...]

2018-10-18T14:10:03-04:00September 6, 2016|Categories: Government Contracting, Not-for-Profit|Tags: , |