Cost Accounting Standard (CAS) – Cost Impacts
Have you made a change in accounting practice that would require a Cost Accounting Standard (CAS) Cost Impact? Watch our latest blog to help you understand the requirements and potential issues.
https://info.redstonegci.com/blog/cost-accounting-standards-cas
f your company no longer qualifies as a small business or is a company that wants to move from commercial contracts to negotiated contracts with the Federal Government, then this Vlog is for you. This Vlog explains how to determine when Cost Accounting Standards (CAS) apply and what are the different levels of coverage. It also discusses how to determine your CAS-covered universe and why it is important. There are three significant dollar amounts when dealing with CAS: $7.5M, $2M and $50M. Watch to find out why these are important numbers in the world of negotiated Government contracts.
Changing from Subcontractor to Prime Contractor
Listen to a few questions your organization should answer if moving to a prime role is on your radar. This change will affect your business operations, therefore your staff should take into consideration this change and how to plan moving forward. From proposal development to subcontract management, your organization may experience some growing pains.
Government Contracting Tips
Our latest video and article provide essential tips and strategies for government contractors, both small and large, to ensure success throughout the government contracting process.
Basic Contract Administration & Subcontract Administration Terminology
A reminder of different contract vehicles and types and common terms in the business. A refresher for those in the industry or primer for those new to contracting.
What to Expect During a Property Management System Analysis (PMSA)
A Government Property Management System Analysis (PMSA) can be a contractor’s first experience with Defense Contract Management Agency (DCMA). This video and article explain what to expect for a Government contractor’s initial PMSA – commonly known as a Government property audit. Join Jonas Clem as he discusses the essential aspects of a contractor’s first PMSA.
Mergers & Acquisitions
Merger and acquisition events are major milestones for every company and not something that is dealt with on a routine basis. Join us as Asa Gilliland discusses some of the important considerations for government contractors considering an acquisition.
CAS Standards Applicability Date List
CAS Standards Applicability Date List—Don’t Miss These Crucial Deadlines!
CAS Standards come with a wide variety of applicability deadlines, none of which you want to miss. To ensure you meet the deadlines, Redstone GCI has created a free downloadable list of CAS Standards, spelling out the crucial deadlines you need to plan on.
CAS Coverage Decision Matrix
CAS Coverage—Steps in Determining Your Coverage
New to CAS and want to ensure your CAS coverage? Teetering on that Small Business Threshold? Download a copy of the CAS Coverage Decision Matrix.
The matrix offers the latest information regarding the various steps in determining your CAS coverage level. Don’t make decisions blind or assume you have the most up-to-date information before deciding you don’t meet the qualifications!
Planning vs. Organization Costs
A White paper by John C. Shire, CPA, Director
Where does allowable planning end and unallowable organization begin? Two FAR clauses are at odds with each other in terms of merger/acquisition activities being allowable. Contractors need to understand where their planning activities cross the line from allowable, generalized consideration of an opportunity, to unallowable, where specific actions are taken to plan for a specific opportunity. Documenting decision-making, clarifying employee activity, and noting the point at which the organization’s decisions move from a generalized consideration to a specific opportunity plan will help avoid having salaries and employee efforts ruled unallowable by the Government.