Strategic Consulting Solutions, Inc.


SBA’s All Small Mentor-Protégé Program Provides Critical Affiliation Exception for Eligible Joint Ventures

By Todd R. Overman* As one of the Small Business Administration’s (SBA) contracting assistance programs, the All Small Mentor-Protégé Program (ASMPP) aims to help small businesses learn from larger, experienced government contractors. To qualify as a protégé, a business must classify as a small business with industry experience and have a proposed mentor prior to […]

Read More »

Preparing for a DCAA Audit: Pricing and ICS Audits

Contracting with the Federal Government grants the DCAA authority to audit your accounting system. The DCAA conducts audits depending on whether this is a Pre-Award Review (before receiving a contract award) or a Post-Award Review (after receiving a contract award). Either way, it is critical to ensure that your accounting system is compliant with DCAA […]

Read More »

Tags: , , , , , , , , , , ,



Merry Christmas and Happy Holidays from Strategic Consulting Solutions!

At Strategic Consulting Solutions, we believe that this really is the ‘Most Wonderful Time of the Year!’ Most government contractors may find it hard to embrace that sentiment in December – given all the madness and year-end requests one might experience – but we believe that there’s still always an opportunity for happiness and joy. […]

Read More »

Tags: , , ,



Preparing for a DCAA Audit

We’re often asked by government contractors how they can prepare for a DCAA audit or any type of government audit.  Our first response is that you start preparing once you decide that you are going to perform on government contracts.  It may sound silly, but good planning and preparation starts at the beginning.  But let’s […]

Read More »

Key Elements of a Compliant Accounting System

While many factors can come into play during an accounting system review, there are several key components that make up a compliant account system.  Our goal is to provide you with the top 10 areas that make or break an accounting system when audited by Defense Contract Audit Agency (DCAA). 1. Segregation of Costs by […]

Read More »

Timekeeping and the Government Contractor

Government contractors are required to follow stringent guidelines when it comes to timekeeping.  Whether direct or indirect labor, employees working on a government contract must follow the requirements laid out below. Let’s first address why this requirement is so important.  When performing work under a government contract, whether as a prime or a lower-tier subcontractor, […]

Read More »

Outsourcing the Accounting Function

In today’s competitive business climate, companies are balancing costs versus benefits in every key decision.  Management leaders have realized that keeping all operational functions in house may not be the most efficient practice.  That has given rise to business functions being outsourced at a much higher rate than in the past.  Outsourcing the accounting and […]

Read More »

Overhead or G&A – Where does it belong?

Overhead and G&A are terms you hear all the time in government contracting, whether if you’re in the accounting department, business development or writing proposals.  While they are similar in that they both represent indirect costs to the company, by a virtual show of hands, how many can tell me that they could differentiate between […]

Read More »

Bidding on Government Contracts? …Be Prepared

Are you planning to enter the world of government contracting or already submitted a proposal or two and waiting on award?  Whether you’re waiting or contemplating, there is a valuable way to spend your time…prepare your accounting system and procedures.  Doing business with the Federal Government can seem like a paradigm shift for companies used […]

Read More »

What constitutes a Fringe Benefit?

As employees, we all love a good fringe benefit don’t we?  When a company adds a new fringe benefit everyone gets excited and a buzz permeates the building.  Likewise, when some are changed or removed, there can be grumblings heard that sound a bit like Yosemite Sam mumbling under his breath. As accountants in government […]

Read More »