Advisory

What the (bleep) does Escheat mean? (what you need to know about unclaimed property)

Escheat is defined as a state’s rights to claim the title for unclaimed property. Before you dismiss this as N/A…

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Good Reasons to Scrutinize Expense Reimbursements

Accounting Today has a slide-show of the most unusual items submitted on employee expense reports. The cojones of people to…

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GAO Report on DCAA Access to Company Internal Audit Reports

The Government Accountability Office (“GAO”) released a report on December 8, 2011 titled “DEFENSE CONTRACT AUDITS: Actions Needed to Improve…

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UPDATED: New SCA Wage Determinations Incorporated into Several Major GSA Schedules

UPDATE (2/25/11): Since this post was originally published, additional GSA solicitation refreshes have been released incorporating new SCA wage determinations…

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Updated FASB Guidance for Revenue Arrangements That Include Software Elements

Does your business sell a product that includes a software component that is essential to the product’s overall functionality? If…

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GSA eMod – Rapid Action Modification (RAM)

On November 16, 2009, GSA introduced a new way to expedite administrative and deletion modifications via the eMod system, the…

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VA and GSA Contracts and H1N1 – Are You “Disaster Recovery” Ready?

On October 24, 2009, President Barack Obama declared the H1N1 “swine” flu outbreak a national emergency.  As a result of…

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Exercising Caution in Valuing Motor Vehicle Donations

The IRS has wizened up to the potential for fraudulent reporting in the reported values of donated vehicles.  The IRS…

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Guidance on Non-Profit Mergers and Acquisitions

The Financial Accounting Standards Board (FASB) recently completed its 10 year long project to create standards for the combination of…

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GSA and eSRS Reporting Deadlines Fast Approaching…Don’t Get Left in the Dust

You’ve survived the blur that is Government fiscal year end and now you’re dealing with the rush of getting started…

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