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CAS Meets GAAP: What the August 7 Rescission Means for Your Accounting System

CAS Meets GAAP: What the August 7 Rescission Means for Your Accounting System

Aug 13, 2026 | Accounting, Blog, GovCon

If you contract with the federal government and you have spent any time wrestling with Cost Accounting Standards, there is news worth your attention. As of August 7, 2026, the CAS Board has formally rescinded several standards in an effort to align CAS more closely...
Fixed-Price Is the New Default — How to Price a Contract When You Own All the Risk

Fixed-Price Is the New Default — How to Price a Contract When You Own All the Risk

Jul 17, 2026 | Accounting, Blog, GovCon, Growth

If you contract with the federal government, the ground just shifted under you. As of this summer, fixed-price contracts are officially the default and preferred method of federal procurement. Any other contract type on a significant award now requires a formal...
What Are Indirect Rates — And Why They Can Make or Break Your Federal Bid

What Are Indirect Rates — And Why They Can Make or Break Your Federal Bid

May 24, 2026 | Accounting, Blog, Budgets, Costs, DCAA, GovCon

If you have ever submitted a federal bid or started preparing to you have probably come across the term indirect rates. And if you are like most small and mid-size contractors, you nodded along and moved on, hoping to figure it out later. Here is the problem: indirect...

Recent Posts

  • CAS Meets GAAP: What the August 7 Rescission Means for Your Accounting System
  • Fixed-Price Is the New Default — How to Price a Contract When You Own All the Risk
  • What Are Indirect Rates — And Why They Can Make or Break Your Federal Bid
  • Preparing for Your First DCAA Audit
  • Building Audit Ready Accounting Systems Early

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