The Federal Acquisition Regulation (FAR), various agency supplements and cost and pricing regulations apply to companies doing business with the federal government or a prime contractor. These regulations may impose certain accounting requirements on federal contractors and, in some cases, subcontractors. The extent of the applicability of these regulations depends in part on the size of your company. But to some extent the underlying statutes and regulations impact all companies doing business with the government. Consider:
The government has an arsenal of remedies for improper business practices. Proper accounting, pricing, and billing practices are imperative. If you are seeking assistance with cost and pricing issues under federal government contracts, I can provide you with the guidance you need at an affordable price.
I welcome you to contact me to discuss cost and pricing issues related to government contracting.