Redstone Government Consultants are industry veterans with over 150 years of combined DCAA experience. We understand the unique nuances of its organizational structure and operating procedures. We’ve been in the auditor’s shoes and we share many years of industry management expertise. Our consultants provide unique perspectives; bringing both government and contractor proficiencies to bear and we are committed to serving government contractors. In addition to our consulting and training services, our team develops and publishes a variety of industry materials that are filled with the most relevant and current information for government contractors including our newsletter, whitepapers, and information on cutting edge current events through our blog. 

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https://info.redstonegci.com/11-14-23-deltek-costpoint-8.2-and-the-roadmap-for-continuous-improvement-webinar-0ndemand

Deltek Costpoint 8.2 and the Roadmap for Continuous Improvement Webinar

This FREE webinar will offer attendees an overview of the enhancements included in the Deltek Costpoint 8.2 release scheduled for Spring 2024. Deltek Costpoint’s 8.2 release has cool new features and enhancements in Accounting, CRM & Contracts, Planning, Projects, Materials, People, T&E, Reports & Analytics, and more! We will also discuss Deltek’s commitment and approach to continuing improvement, including a new release cadence for updates and enhancements. We will discuss the roadmap for innovations and Deltek’s continued focus on Cybersecurity.

https://info.redstonegci.com/09-19-23-timekeeping-software-options-for-government-contractors-webinar-ondemand

Timekeeping Software Options for Government Contractors Training Webinar

This FREE webinar will offer attendees an overview of the several timekeeping systems for government contractors. Whether contemplating the immediate need for a timekeeping solution or weighing its future relevance, this session is designed for you. Our expert faculty will delve into specific scenarios in which timekeeping is needed, the outputs it can produce, and the essential DCAA-Compliant system requirements. Moreover, we’ll shed light on the potential pitfalls of an inadequate timekeeping or labor distribution process. We’ll also introduce you to at least four distinct timekeeping platforms to ensure you make an informed decision. Equip yourself with the knowledge to make the right choice for your organization.

https://info.redstonegci.com/09-14-23-best-practices-to-prepare-for-and-successfully-respond-to-department-of-labor-investigations-webinar-ondemand

Best Practices to Prepare for and Successfully Respond to Department of Labor Investigations

In today’s complex regulatory environment, being prepared for a Department of Labor investigation is crucial for businesses of all sizes. This FREE webinar will offer attendees an overview of the best practices to ensure you’re not only prepared for these investigations but can also prepare to respond to them successfully. We’ll guide you through the intricacies of investigations, help you identify potential compliance risks your company may face, and provide strategies to address possible violations and penalties. Arm yourself with the insights and tools needed to confidently manage and prepare to respond to Department of Labor challenges.

https://info.redstonegci.com/en-us/whitepaper-cost-accounting-for-software-related-costs-to-be-sold-leased-or-marketed

Case Study: Cost Accounting for Software Related Costs To Be Sold, Leased, or Marketed

Does Federal Acquisition Regulations (FAR) or Cost Accounting Standards (CAS) provide specific requirements when it comes to accounting for costs related to software to be sold, leased, or marketed in the future? The simple answer is “no”, however, a review of FAR Part 31 certainly supports that the cost is allowable and allocable to both…

https://info.redstonegci.com/en-us/whitepaper-cost-accounting-for-software-related-costs-to-be-sold-leased-or-marketed

Whitepaper: Cost Accounting for Software Related Costs To Be Sold, Leased, or Marketed

Does Federal Acquisition Regulations (FAR) or Cost Accounting Standards (CAS) provide specific requirements when it comes to accounting for costs related to software to be sold, leased, or marketed in the future? The simple answer is “no”, however, a review of FAR Part 31 certainly supports that the cost is allowable and allocable to both…

RGCI Best Practices for Government Contractors Contract Filing System Training Webinar
https://info.redstonegci.com/05-23-23-best-practices-for-government-contractors-contract-filing-system-training-webinar-ondemand

Best Practices for Government Contractors Contract Filing System Training Webinar

This FREE webinar gives attendees a better understanding of how a Contract Filing System helps contractors be better prepared for an audit and to improve their company’s efficiency and data quality by making files accessible and easy to locate. When auditors arrive at your location, you can access documents quickly, speeding up the audit process.

RGCI OFCCP & Affirmative Action Requirements & Best Practices Training Webinar
https://info.redstonegci.com/04-13-23-affirmative-action-requirements-and-best-practices-webinar-ondemand

OFCCP & Affirmative Action Requirements & Best Practices Training Webinar

This FREE webinar will offer attendees an overview of the Affirmative Action Program requirements of the Office of Federal Contractor Compliance Programs (OFCCP) and a summary of the various components of a compliant Affirmative Action Plan. This webinar will explain the types of audits performed by OFCCP and provide an overview of the information which must be submitted when audited. Finally, a brief update of proposed changes to OFCCP compliance will be provided.

RGCI 2023 Critical Deadlines for Government Contractors
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2023 Critical Deadlines for Government Contractors

If you’re a government contractor, you know that deadlines are critical to success, and missing a deadline can mean losing revenue, contracts, and even legal repercussions. That’s why we’ve created the 2023 Government Contractors Deadlines – your ultimate resource for staying on top of all the critical deadlines for government contractors in 2023.

RGCI Understanding Project Setup in Costpoint for Management Webinar
https://info.redstonegci.com/08-17-22-understanding-project-setup-in-costpoint-for-management-webinar-ondemand

Understanding Project Setup in Costpoint for Management Webinar

This FREE webinar will offer attendees an understanding of the importance of project setup decisions in Costpoint. Attendees will learn information about project structure decisions, revenue setup decisions and other important decision areas within the project setup. We will also discuss what role each department plays in ensuring that all contractual requirements are met.

RGCI Understanding 2 CFR 200 Requirements Subrecipients vs Contractors
https://info.redstonegci.com/en-us/whitepaper-understanding-2-cfr-200-requirements-subrecipients-vs-contractors

Understanding 2 CFR 200 Requirements Related to Subrecipients vs Contractors Whitepaper

A White paper by John Shire, Director & Lynne Nalley, Director

Federal Acquisition Regulations (FAR) is structured significantly differently than OMB Guidance 2 CFR Part 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (i.e., Grants and Cooperative Agreement).

RGCI - Independent Contractor vs. Employee – Department of Labor (DoL) Perspective (Part 2)
https://info.redstonegci.com/blog/independent-contractor-vs.-employee-department-of-labor-dol-perspective-part-2

Independent Contractor vs. Employee – Department of Labor (DoL) Perspective (Part 2)

This video is the second of a two-part series where we provide an overview of the position of the Department of Labor (DoL) on independent contractor classifications. This series will presents a mock audit to give you a first hand perspective of the types of questions that a Department of Labor investigators ask with regard to the all too common issue of whether or not your workers are properly classified under the law. We will provide “red flags” that are often key to the final determination of Department of Labor, and how to address them.

RGCI - Independent Contractor vs. Employee – Department of Labor (DoL) Perspective (Part 1)
https://info.redstonegci.com/blog/independent-contractor-vs.-employee-department-of-labor-dol-perspective-part-1

Independent Contractor vs. Employee – Department of Labor (DoL) Perspective (Part 1)

This video is the first of a two-part series where we provide an overview of the position of the Department of Labor (DoL) on independent contractor classifications. This series presents a mock audit to give you a first-hand perspective of the types of questions that DoL investigators ask with regard to the all too common issue of whether or not your workers are properly classified under the law. We will provide “red flags” that are often key to the final determination of DoL, and how to address them.

Whitepaper Total Time Accounting in the Govcon Environment - Redstone GCI
https://info.redstonegci.com/en-us/whitepaper-total-time-accounting-in-the-govcon-environment

Total Time Accounting in the Govcon Environment (Uncompensated Overtime for FLSA Exempt Employees)

A Whitepaper by John C. Shire, CPA, Director, Redstone GCI & Asa Gilliland, President & Director, Redstone Government Consulting

Based on DCAA’s track record of disregarding its own guidance on what are acceptable accounting methods for contractors incurring potentially significant amounts of uncompensated overtime, DCAA is very likely to see the risk sufficient to report what they see as a non-compliance as a significant deficiency and therefore recommend system disapproval and the implementation of a withhold.

Whitepaper Novation Agreements – Prime U.S. Government Contracts - Redstone GCI
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Novation Agreements – Prime U.S. Government Contracts Whitepaper

A Whitepaper by John C. Shire, CPA, Director, Redstone GCI & Jerome S. Gabig, Attorney, Wilmer & Lee

Although technically 41 USC § 6305 prohibits the transfer of Government contracts from one contractor to another, there are times when the Government realizes it is in its best interest to waive this rule—in a document called a novation agreement. If you want the Government to recognize your transfer, you need to design and execute an agreement that protects the Government while ensuring all parties assume (or waive) rights and obligations where necessary, including those situations where subcontracts are involved. Additionally, finding the Contracting Officer is another key step in the process of executing a novation agreement, especially where contracts are large enough to be administered by DCMA. Lastly, you must ensure that risks are averted in the transfer process, the required documentation is submitted, and the format meets FAR requirements before the Government finally gives its final approval.

Business Ethics - Redstone GCI
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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 2020 - Redstone GCI
https://info.redstonegci.com/cas-applicability-information-and-resources-for-government-contractors

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!

Whitepaper Planning vs. Organization Costs - Redstone GCI
http://info.redstonegci.com/en-us/whitepaper-planning-vs-organization-costs

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.

Whitepaper What Are The Prime Contractor’s Risks Related to Subcontracts - Redstone GCI
http://info.redstonegci.com/what-are-the-prime-contractor-risks-related-to-subcontracts

What Are The Prime Contractor’s Risks Related to Subcontracts

A White paper by Asa Gilliland President & Director &
Robert L. Eldridge, CPA, Director

Due to several factors, including the desire to reduce the work for DCAA auditors, the federal government has put subcontractor audit responsibility on prime contractors. Although not specifically assigned to prime contractors in the regulation, it is assumed their responsibility. Learn why it is important for prime contractors to have guidance to monitor subcontractor awards and handle contract closeouts and audits.

Case Study Weighted Guidelines Approach - Redstone GCI
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Weighted Guidelines Approach Case Study

A Case Study by the Redstone Team

In this case study: Redstone was able to justify and substantiate, using the weighted guidelines approach, a 7.99% fee for services versus a 6.0% fee as originally proposed by the Government, resulting is significant gain to the client.

DFARS Business Systems - Redstone GCI
http://info.redstonegci.com/dfars-business-systems-whitepaper

DFARS Business Systems White paper

A white paper by Michael Steen, Senior Advisor & Robert L. Eldridge, CPA, Director

The proposed DFARS amendments related to case 2012-D042 shed light on some of the inefficiencies surrounding the DCAA auditing concerns, both in the burden shift to contractors and the financial burden of juggling both internal audits and external independent CPA audits. When combined with increased DCAA oversight, government contractors could experience oppressive auditing requirements.

Government Contracting and Uncompensated Overtime - Redstone GCI
http://info.redstonegci.com/uncompensated-overtime-whitepaper

Government Contracting and Uncompensated Overtime

A White paper by Wayne Murdock, CPA

Although hourly employees are protected under FLSA (Fair Labor Standards Act), salaried employees do not enjoy the same protection. With the 2015 revision of FAR 52.237-10, all uncompensated overtime must be accounted for. DCAA and auditors are most concerned about this overtime as a requirement for an adequate accounting system. Although the CAM (Contract Audit Manual) offers plenty of guidance, it is up to contractors to fully understand and implement the accepted methods to prevent DCAA rejection.

The Audit World’s Biggest Myths - Redstone GCI
https://info.redstonegci.com/audit-worlds-biggest-myths

The Audit World’s Biggest Myths

A White paper by Wayne Murdock, CPA

It is important to remember that DCAA’s primary goal is to ensure the government gets a fair price for products and services, so the auditor is not visiting your location for your benefit. By knowing this, you can, however, be prepared when dealing with auditors. See why researching and educating your auditing staff can make a DCAA audit a successful experience.