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Author: Stephen Avery

Contractors Report 200M in Waste

August 15, 2019 Stephen Avery

Well, someone has to do it….. https://www.bloomberg.com/news/articles/2019-08-15/defense-contractors-return-200-million-in-self-reporting-waste

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Posted in: Accounting System, Cost And Accounting, Department of Defense News, Running Your Business

The Illusion of Freedom.

July 23, 2019 Stephen Avery

Introduction We are entering a new and dangerous area in contractor relationships with DCAA. A world where the standing orders…

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Posted in: Accounting System, DCAA Relations, Running Your Business Filed under: Contract Audit Manual, DCAA

One More Time – Contractor Pleads Guilty, But is the Government Doing Its Job?

July 10, 2019 Stephen Avery

Contractor fraud makes life difficult for all the hard-working honest contractors. This truth is easily illustrated by the fact that…

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Posted in: Cost And Accounting, DCAA Relations, Department of Defense News, Running Your Business

Now Here is an Example of What We Mean – DCAA

June 26, 2019 Stephen Avery

I often remind contractors that the majority of DCAA auditors, their supervisors, branch managers, and on up the chain of…

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Posted in: Accounting System, Cost And Accounting, DCAA Relations, Incurred Cost Proposals

And it Was All Perfectly Legal….

May 16, 2019 Stephen Avery

“Our audit examined the prices that TransDigm charged the DoD for spare parts for aircraft and airframes. Specifically, we examined…

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Posted in: Cost And Accounting, Department of Defense News, Running Your Business Filed under: TINA

Court Rules Reliance on DCAA Letter “Irrational”

April 9, 2019 Stephen Avery 1 Comment

Did I get your attention with that one? In our world without DCAA, contractors are getting desperate to meet the…

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Posted in: Accounting System, Cost And Accounting, Incurred Cost Proposals Filed under: Cost Accounting System, DCAA, DCAA Approved Accounting System

Internal Controls! Internal Controls! Internal Controls!

March 25, 2019 Stephen Avery

This is an interesting article from today’s NY Times where an individual pled guilty to taking tens of millions of…

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Posted in: Accounting System, Cost And Accounting, Running Your Business Filed under: Policies and Procedures, Small Business Policies and Procedures

Clear, Simple, ENFORCED Policies and Procedures are Critical, Even With Government Employees!

March 12, 2019 Stephen Avery 1 Comment

The New Mexico State Auditor just issued a warning about payroll phishing,the recent victims included government and government employees. A…

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Posted in: Accounting System, Running Your Business Filed under: Payroll Phishing, Small Business Financial Management

Big Enough to Know Better

February 20, 2019 Stephen Avery

Over the years, a couple of reoccurring themes pop up in my work with government contractors, some of them small…

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Posted in: Accounting System, Cost And Accounting, DCAA Relations, Incurred Cost Proposals Filed under: Contractor Business Systems, DCAA, Defense Contract Audit Agency, ICE, Incurred Cost Submission, Policies and Procedures, Rate Structure, Schedule H

DCAA Places New Focus on SubContracts: Part One

February 6, 2019 Stephen Avery

Recent DCAA guidance moves the possibility of subcontractor audit to an annual function as opposed to a onetime “contract life”…

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