FAR-compliance means separating direct, indirect and unallowable costs CORRECTLY. Trust us, improper coding of these costs can lead to more than accounting issues.
Government contracts and grants demand FAR-compliant accounting. This white paper will give you all the basic information you need to navigate the rules and regulations, set up a compliant accounting system, and avoid trouble.
In #2 of our "Top Mistakes Government Awardees Make" blog series, it's all about the FAR-compliant account system and the serious issues that can arise if you don't have one. Read on and learn how to stay safe.
The 3rd in our "Top 10 Mistakes Government Awardees Make" blog series is all about overspending on direct costs—how it happens, what it can mean and how to prevent it.