Accounting for Acquired Intangibles in the Pandemic Age [A Guide for Identifying Intangible Assets and Special Considerations for Valuing Them]

Global merger and acquisition activity plummeted in the first quarter of 2020, and it’s easy to understand why. With valuations...

Interviewing for a New Role During a Pandemic? [Professional Etiquette Tips for Socially Distant Interviews and Business Meetings]

In a professional environment, handshakes, facial expressions and eye contact have been the currency of communication for many years. But,...

Happy National Manufacturing Day!

  width="640" height="338" frameborder="0" allowfullscreen="allowfullscreen"> Manufacturing & Distribution Resources Manufacturing & Distribution Thrive Booklet Download the Manufacturing & Distribution Industry...

Around the Firm: September 2020

Our local accountants and advisors have been busy! Catch up with what our team has been up to in September,...

What Is Included in a DCAA Compliant Indirect Rate Calculation?

Federal government contracts represent a lucrative and stable income stream, but compliance requirements and competition can be major hurdles for your success....

DCAA Contract Audit Manual: An Essential Guide for Government Contractors

Complying with the multitude of federal regulations is one of the critical aspects of being a government contractor. There are...

When Disasters Collide: Considerations for Weathering a Hurricane During a Pandemic

Imagine, for a moment, you just received an email from your Director of Operations asking if you were tracking the...

Warren Averett Recognized as a 2020 Inside Public Accounting Top 100 Firm

Warren Averett CPAs and Advisors was recently recognized by Inside Public Accounting (IPA) as a Top 100 Firm. Warren Averett...

Why A DCAA Compliant Chart of Accounts Should Be Your System’s Foundation

A chart of accounts is a list of general ledger accounts in your accounting system. Its purpose is to categorize...

What Are the Benefits of DCAA Compliance Consulting?

Working with the government is potentially financially rewarding, but the compliance burdens can be immense. To satisfy DCAA audit requirements,...

Addressing Missed 401(k) Plan Deadlines During COVID-19

The COVID-19 pandemic has put many extra burdens on 401(k) plan sponsors. In addition to navigating all of the uncertainty...

How to Plan For Succession: Preserving, Protecting and Passing on Wealth

Transitioning Ownership The decisions made regarding ownership of the family office or closely held business may not necessarily be the...

Don’t Ignore These DCAA Accounting Policies and Procedures

Being a contractor with the Federal government can involve granting the DCAA authority to conduct audits on your accounting system....

Four Common Flaws Related to Income Tax Controls [And How to Prevent Them]

Almost two decades after the enactment of Section 404 of the Sarbanes-Oxley Act (SOX), income tax-related material weaknesses continue to...

Episode 036: Coronavirus and Community: Gravy Solutions

Determining the Best Accounting Software for Small Government Contractors

People often misunderstand the term “DCAA-compliant accounting system” when it is applied to accounting software. The truth is, this term...