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Category: Running Your Business

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

Hurricane Florence and Administrative Leave

September 11, 2018 Stephen Avery 2 Comments

I spent years in North Carolina when I served in the 82nd Airborne and have family living there today. Thus,…

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Posted in: Cost And Accounting, Running Your Business Filed under: Administrative Leave, DCAA Guidance, DCAA Timekeeping Weather, Emergency Leave, Government contracting compliance
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Common Sense, Policies & Procedures, Hand Grenades, and a Corvette

July 18, 2018 Stephen Avery

Most of what we address in policies and procedures are common sense. What little that is not is government “sense”.…

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Posted in: Department of Defense News, Running Your Business Filed under: Accountability, Inventory, Policies and Procedures

The Costs Must Go Somewhere

May 24, 2018 Stephen Avery 4 Comments

Good morning, To follow up on our discussion yesterday about the markups, overhead, and G&A. In 2017, we had 13.422M…

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Posted in: Cost And Accounting, Running Your Business Filed under: burden on subcontracts, cost allocation, G&A, Indirect rates, Overhead, subcontractors

Recent Short Interview with NMSU on Small Business Government Contracting

January 30, 2018 Stephen Avery

   

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Posted in: Accounting System, Cost And Accounting, DCAA Relations, Running Your Business Filed under: Compliance, Fighting DCAA, Government Contractor, SBIR

A World Without DCAA hits SBIR Phase One

January 23, 2018 Stephen Avery

Here are some of the requirements from the Department of Homeland Security’s latest SBIR  RFPs   “Additional deliverables in this…

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Posted in: Accounting System, Cost And Accounting, Department of Defense News, Running Your Business Filed under: Compliance, Government Contracting, Government Contractor, SBIR Budget, SBIR Phase 1, Small Business Accounting, SPIR Phase One

DFARS Cyber Security for Small Business Contractors

December 19, 2017 Stephen Avery

In 1998, I listened to an IT staff member from a large contractor proceed to chew out the contractor’s accounting…

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Posted in: Accounting System, Department of Defense News, Running Your Business Filed under: Cyber security, Cybersecurity, DFARS, Small contractor requirements

How to LOSE Those PROFITS (What DCAA and the Government Will Do to You)

October 24, 2017 Stephen Avery

In the current crisis surrounding DCAA, it is possible to receive a cost type contract requiring an approved accounting system…

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Posted in: Accounting System, Cost And Accounting, DCAA Relations, Running Your Business Filed under: Compliance, Cost Type Contract, DCAA, Government Contracting, Government Contracting Risk, Government Contractor

The Good Lord Forgive Me, My Favorite Embezzlement Story

October 10, 2017 Stephen Avery

http://articles.chicagotribune.com/1995-06-23/news/9506230160_1_arthur-andersen-tax-officials-fraud-and-tax-charges Audit Firm Victim Of Embezzling June 23, 1995|By Matt O’Connor , Tribune Staff Writer. Arthur Andersen & Co., which…

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Posted in: Accounting System, Running Your Business Filed under: Embezzlement, Internal Controls

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