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Timekeeping compliance is a combination of several critical pieces, involving everyone within an organization. With specific requirements for government contracts, it is crucial to develop a structure and process for timekeeping and compensation in government contracts. Here are some considerations when reviewing your company’s timekeeping compliance:

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 By ensuring you have a well-organized process and an effective plan, you can prevent gaps which can lead to issues with DCAA audits, inaccuracies in reporting, and lack of compliance with requirements. Each member of your team is an important part of the entire process. If you are looking for support to confirm you are on the right track or assist you in establishing a timekeeping process, the Redstone Government Consulting team can provide consulting, from developing human resources and accounting processes, performing an audit, and training of management and staff.   

 

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About Redstone GCI

Redstone Government Consultants are a team of the most senior industry veterans and the brightest new talent in the industry. Many have held senior government positions including leadership roles in the DCAA. Our new talents bring significant accounting and software experience along with fresh perspectives, inspiration and energy to our team. Through our leadership and combined experience, we provide a unique perspective, bringing both government and contractor proficiencies to bear and ensuring rock-solid government compliance for our clients.

Topics: Government Compliance Training