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"The Times, They are A-Changin" We're talking about acquisition-related thresholds!
Simplified Acquisition, Cost or Pricing, and micro-purchase thresholds, among others are proposed to increase.
Lynne Moritz
Feb 272 min read
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Let The Countdown Begin
As we move through the new year, getting financials in order and analyze results of the past year, we must prepare all supporting...
Lynne Moritz
Feb 151 min read
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Executive Compensation Limit for 2025
The Defense Contract Audit Agency (DCAA) issued their annual memorandum for audit guidance on the upcoming year's Executive Compensation...
Lynne Moritz
Dec 16, 20241 min read
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What Does it Mean to be “Selected”? FAR 31.205 - Selected Cost Series #1
Remember what types of costs are expressly unallowable as described in the Federal Acquisition Regulations section on Selected Cost FAR 31.2
Lynne Moritz
Nov 22, 20243 min read
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Selected Costs that ARE Allowable FAR 31.205 - Selected Cost Series #2
The 7 allowable costs and their caveats. FAR 31.205 Selected Cost Series #2
Lynne Moritz
Nov 21, 20242 min read
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More on Unallowable Costs…Directly Associated Costs - FAR 31.205 - Selected Cost Series #3
A directly associated cost is any cost that is generated solely as a result of incurring another cost.
Lynne Moritz
Nov 20, 20242 min read
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Can a Company Reimburse Unallowable Costs? FAR 31.205 - Selected Cost Series #4
Expense reimbursement may be allowed by a company, but not necessarily by the Federal Government.
Lynne Moritz
Nov 19, 20242 min read
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Penalties on Unallowable Costs - FAR 31.205 - Selected Cost Series #5
We’ve previously discussed types of unallowable costs (see prior deClermont Compliance Clips), how to account for those costs and the...
Lynne Moritz
Nov 18, 20242 min read
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The Skinny on Accounting System Administration – DFARS 252.242-7006
The DFARS Accounting System Criteria includes 18 requirements. Here we group them and discuss at a top level.
Lynne Moritz
Oct 7, 20242 min read
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Understanding the 1408 Accounting Assessment
The Accounting System assessment contains 18 criteria that must be met for Federal Contracting.
Lynne Moritz
Oct 6, 20242 min read
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History of the Business Systems Rule
The Business System Rule was enacted to standardize requirement.
Lynne Moritz
Oct 6, 20242 min read
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Be Proactive, not Reactive
Proactive Compliance saves time and money.
Lynne Moritz
Oct 6, 20242 min read
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