FAR Part 31 Accounting Checklist – 43 Steps to Maintain an SBIR Accounting System
An SBIR funding award requires FAR Part 31 compliance, in the form of an SBIR-compliant accounting system, detailed record-keeping and reporting and being audit-ready.
To make sure you are maintaining a FAR compliant accounting system, download our “43 Steps to FAR Part 31 Compliance” checklist, which includes informative sections on:
- ongoing cash management
- time sheet and employee resources planning and management
- contract and grant management
- indirect cost rate monitoring
- and more
It also details which tasks can be completed by a competent, well-trained administration person, a degree accountant, or a FAR Part 31 accounting specialist.
If you need help maintaining a FAR Part 31-compliant accounting system, Contact Us to schedule a time to speak to one of our government funding experts, and we will follow up within 48 hours!
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Ed Jameson, CPA, Managing Member
I’ve been in practice for over 40 years helping our small business clients procure, manage, and survive audits on more than $6 billion in federal government contract and grant funding. We’ve been featured presenters and panel moderators at Tech Connect’s National SBIR/STTR conferences since 2011, and I’ve presented at the DOD’s Mentor Protégé Summit and present regularly for several state and local organizations.