INSPIRATIONAL CORNER
Satan called a worldwide convention. In his address to his evil angels, he said, “We can’t keep Christians from going to church. We can’t keep them from reading their Bibles and knowing the truth. We can’t even keep them from conservative values. But we can do something
Government Contracting Process
INQUIRY: Paul, in setting up accounting systems, I always recommend that the company have a lag between the timesheet cutoff date and the payday, so that the employee’s hours can be collected and paid based on timesheets. However, if a company chooses to keeps its payday, and if all
Cost Allowability (FAR 31)
INQUIRY: Paul, can you address the impact on our contractor work force of the Executive Order issued on 21 Dec which I believe declared the 24th of December a National Holiday. Government was very unclear and fractious on how contractor work force and contractors should deal with this "holiday.
The DCAA and You
For several years now, many contractors have objected to the DCAA requiring the use of the Incurred Cost Electronic (ICE) model to submit what the DCAA considered an adequate incurred cost submission (ICS). Those complaints can now be directed towards the FAR Councils because, in FAC 2005-52, effective June 11,
Products (VIP MEMBER Prices)
Do You have C&P Insurance? You most likely pay a lot and repeatedly for all types of insurance, “just in case” you need it when the time comes. But are you one of the serious contractors who have obtained Cost & Pricing (C&P) Insurance, "Just
Testimonials
We have passed the $1B threshold! - Over 30 years supporting member firms, clients, and workshop attendees (majority which have been small and/or disadvantaged). How? * Winning new contracts, * Extending or renewing existing contracts, * Preventing loss of contracts, * Cost savings & increased profits through negotiations and audits, and * Savings, as
DVD and Workshops
What one disabled veteran wanted to say about the DVD and how it helped him and his firm. Dear Mr. Gunn, Your DVD class that presents the principles of DCAA accounting procedures was very helpful. It felt like I was right there with you. The information was presented clearly. Having
INSPIRATIONAL CORNER
To Your Health - What can 1 Apple a day give you? "Eating fruits and vegetables is better than taking a vitamin pill," according to Rui Hai Liu, assistant professor of food science. His team found that vitamin C is only responsible for a small portion of the
Other Items of Interest
Need Help with Taxes? I get all types of questions and inquiries from all types of businesses and I will always do what I can to answer or guide my colleagues to appropriate resources at the least cost. Question from an MD: Is there any assistance available for tax preparation
Cost and Pricing
Inquiry: Paul, my question is this, I've been receiving quotes from very "small business" suppliers (2 to 5 employees, etc.) who have not included or who have bid too low a fee in their proposals. I utilize the Weighted Guidelines Tool to ascertain what a "
Cost and Pricing
Inquiry: Paul, I was in your Cost and Pricing Workshop that you put on for SBA in Birmingham awhile ago. When I was looking at my Indirect and G&A rates and looked at your notebook I did not see an example of when a company uses Direct Labor
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Did you know that there are over 150 articles, inquiries and responses, and business related inspirational thoughts in your online contractor community? And most of the information is timeless because it deals with concepts as applied to real contractor specific situations. That's Right, Over 150! I myself get
