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Category: Running Your Business

Member Compensation Issues for Limited Liability Companies (LLC) Working with DCAA

May 13, 2014 Stephen Avery

May 23, 2013 One of the reasons Limited Liability Companies (LLC) achieved popularity among small business at their inception arose…

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

Small Government Contracting Gone Bad

Stephen Avery 2 Comments

May 15, 2013 If you are a small government contractor, or moving that direction, there is one newly published Armed Services…

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Posted in: Accounting System, Cost And Accounting, DCAA Relations, Running Your Business

Choosing Sides

Stephen Avery

May 5, 2013 Last year I turned down work from a contractor who left me with the impression that the…

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Posted in: Accounting System, Cost And Accounting, DCAA Relations, Running Your Business

MarketWatch Report : “88% of spreadsheets have errors. Research: Bad math rampant in family budgets and Harvard studies”

Stephen Avery

April 18, 2013 My students will recall my warnings about the fundamental weakness of the majority of spreadsheets and my…

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Posted in: Incurred Cost Proposals, Running Your Business

Budgeting: Government vs. Government Contractor

Stephen Avery

April 12, 2013 The fifth chapter of the Contract Audit Manual spends over five thousand words on Budgeting or a little over…

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Posted in: Accounting System, Cost And Accounting, Running Your Business

And Now for Something Completely Different – The George Washington Way

Stephen Avery

April 6, 2013 George Washington’s journal entry to account for repairs of a pistol stolen and recovered For years, I…

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Posted in: Accounting System, Running Your Business

“Allowable and Unallowable” vs. “Claimed and Unclaimed”

May 12, 2014 Stephen Avery

You will note I employ use of the terms ‘claimed’ and ‘unclaimed’  as opposed to the terms ‘allowable’ and ‘unallowable’.…

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

Recent ruling by Armed Services Board of Contract Appeals

May 11, 2014 Stephen Avery

December 4, 2012 This is from a recent ruling (ASBCA No. 57834, page 7) GaN Corporation. It does not get…

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

Consequences of a World without DCAA

Stephen Avery 6 Comments

December 3, 2012 It appears many of DCAA’s traditional customers outside the Department of Defense made the bold decision to…

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

Do Not Forget to Flow this Clause Down

Stephen Avery

August 30, 2012 I ran across this recent addition to the FAR in an Army contract. Everything else aside, I…

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Posted in: DCAA Relations, Running Your Business

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