Compliant accounting systems that provides meaningful information require solid foundations built on principles, regulations, and industry best practices. The ten principles of generally accepted accounting principles (GAAP) provide basic guidance for accounting transactions in organizations of all sizes. Selling products and services to the federal government requires compliance with Federal Acquisition Regulations (FAR) and the (more…)

Understand what products and what action you need to take to have an “approved” compliant accounting system that meets government requirements. Review real-life scenarios, dispel myths in the industry and learn how to handle and avoid common pit-falls and misconceptions. (more…)