Recently, there has been much discussion around comments made by Katie Arrington, the special assistant to the Assistant Secretary of Defense for Acquisition for Cyber in the Office of the Under Secretary of Acquisition and Sustainment in DoD. She made the following statement before a roomful of vendors at the PSC meeting in Arlington, VA.
FAR Part 31.205 -1 – Public Relations and Advertising Costs
“Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.” (American Marketing Association)
“Advertising is the action of calling something to the attention of the public especially by paid announcements.” (Merriam-Webster)
“Public relations (PR) is a strategic communication process that builds mutually beneficial relationships between organizations and their publics.” (Public Relations Society of America (PRSA))
The budgeting process for any company can be a daunting process. But, like most things, hard work pays off, and establishing a detailed budget is a critical element to ensure a healthy and profitable company.
It’s everyone’s least favorite time of year. That’s right, tax season. For those of us who no longer work in public accounting, this time of year is now a welcome reprieve; although for us, it also marks the start of incurred cost season. If you’re not sure what an Incurred Cost Submission is or have questions about that topic, visit our website for a variety of resources.
Unless you have undergone a DCAA Accounting System audit under the criteria in DFARS 252.242-7006 (a.k.a. DFARS Accounting System Audit), you do not know what a comprehensive audit is. To start with there are eighteen criteria, some of which are as broad as “Accounting practices in accordance with standard promulgated by the Cost Accounting Standards Board, if applicable, otherwise, Generally Accepted Accounting Principles.” This leaves the door open to pretty much endless questions. But don’t worry, DCAA has narrowed it down to only 27 questions.
Unanet offers a streamlined platform which works for many small contractors and offers a host of benefits you should consider, including smooth integration and a single platform for most of your financial processes. For all of our current Unanet users and potential Unanet users; the Unanet Practice Group would like to give you a quick view of additional products available within Unanet:
Looking forward to closing 2018? It can be a daunting task, even when you have a trained team and an armload of checklists. To ensure you are fully prepared to tackle each of the processes you encounter at the end of the year and to start the new year right, we at Redstone GCI wanted to provide a check-list and some links to the Unanet Knowledge Center to help you through the Year-End Process:
The competition for that big contract you have been dying to win is underway. This is a great business opportunity for you. So, you begin the process of putting together the perfect proposal. As you go through that process, there are several pitfalls that could prevent you from having the best proposal. As a government attorney, I saw many of those pitfalls in every source selection I worked. So as one gift as you enter this new year, I want to go over some of the main pitfalls I have seen from the government’s perspective.
What better way to kick off 2019 than with a quick review of your Affordable Care Act (ACA) reporting requirements? Employers subject to the ACA must distribute reporting forms to employees and file with the IRS shortly after the new year, so now is the time to gather and review all required data.
If your unbilled receivables account has you searching for a solution as simple as waving a Harry Potter wand and reciting “Evanesco!” you are not alone. The everyday life of an accountant is chock-full of number-crunching, and then you suddenly realize the “deathly hollows” of year-end is quickly approaching. Whether you are new to the tracking of unbilled receivables or the account has been covered in cobwebs, understanding the creation process to this “chamber of secrets” is where your journey out of the “dark forest” can begin.