Ep 175 - GovCon Financial Logistics - a podcast by RSM Federal

from 2021-11-22T00:00

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In this episode, we talked with Jenny Clark about GovCon Financial Logistics. Government contracting has a unique set of requirements for the financial management of your company. For example, some contracts are Fixed Firm Price (FFP) and some are Cost Plus. You also have to take into consideration the Service Contract Act or SCA rates when bidding on certain contracts. These contracts require different methods for tracking benefits and putting this information on employees’ paychecks. If you are doing Cost Plus work, you will need to implement a DCAA (Defense Contract Audit Agency) compliant accounting system. We discuss all of these and much more in this episode.
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