Topics: Government Contractors

Significant Accounting & Reporting Updates

The FASB recently issued ASU 2017-09, Scope of Modification Accounting, to clarify which changes to the terms or conditions of a share-based payment award require an entity to apply modification

October 17th, 2017 | Government Contractors

Another Year in the Books: DCAA’s FY 2016 Report to Congress

By: BDO Author

The Defense Contract Audit Agency (DCAA) recently issued its sixth annual report to Congress on March 31, 2017 (the Report). DCAA primarily provides audit and financial advisory services to the

October 17th, 2017 | Government Contractors

In An Uncertain Time, Consider ESOPs

By: BDO Author

In an uncertain time for government budgets and priorities, government contractors may consider implementing Employee Stock Ownership Plans (ESOP) as a smart way to reward company stakeholders and encourage cash

October 17th, 2017 | Government Contractors

Understanding New Cyber and IT-oriented Regulations for Contractors

By: BDO Author

Following widespread cyber attacks like the May WannaCry and more recent Petya ransomware attack that included thousands of ransomware attacks across the globe, protecting against cybersecurity is top of mind

October 17th, 2017 | Government Contractors

The Challenges Government Contractors Face Maintaining a Compliant Supply Chain

By: BDO Author

Risk Management for Contractors, Part 1 As government contractors expand their supply chains across international borders, supply chain risk management is gaining the attention of the industry and U.S. regulators alike.

October 16th, 2017 | Government Contractors

Preparing for Implementation of the New Revenue Recognition Standard

By: BDO Author

The deadline for implementation of ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), is right around the corner! With an effective date of Jan. 1, 2018, for calendar year

June 30th, 2017 | Government Contractors, Revenue Recognition

Asked & Answered: 3 Questions Surrounding the Department of Defense’s New Risk-Based EVMS Surveillance

By: BDO Author

The Defense Contract Management Agency (DCMA) Earned Value Management (EVM) System (EVMS) surveillance process is transitioning from regularly scheduled and planned on-site surveillance to an automated, data-driven surveillance process utilizing

June 30th, 2017 | Government Contractors

Five Takeaways for Government Contractors Considering ESOP Transactions

By: Warren Averett

We had a great turnout for our ESOP seminar last Tuesday! If you weren’t able to make it, here are a few takeaways for Government Contractors contemplating an ESOP transaction:

March 13th, 2017 | Government Contractors