Government Contractors - Best Practices to Guide You Forward.
By Cherry Bekaert GovCon
Government Contractors - Best Practices to Guide You Forward.Dec 12, 2019
Are You Prepared for CMMC - the New DoD Cybersecurity Certification?
The new Cybersecurity Maturity Model Certification (“CMMC”) that will be required for ALL DoD contractors is quickly approaching!
This new certification will require all Department of Defense (“DoD”) contractors, both contractors and suppliers, to meet a certain level of cybersecurity controls from the CMMC framework in order to respond to any DoD RFP. The full Version 1.0 is scheduled to go live in January and CMMC requirements will start showing up in RFIs as early as next May and then in RFPs next Fall.
DoD issued the first publicly released version of the framework for comment in September 2019. Draft, Version 0.6, was publicly released in November and it is anticipated that version 0.7 will be released this month as well as formation of the CMMC Accreditation Body.
Neal Beggan, Principal in Cherry Bekaert’s Cybersecurity Services Practice, joins Eric Poppe in the Firm’s Government Contracting Services Practice, for a discussion on what the CMMC requirement is, who it applies to and what companies can do now to prepare.
We have already started helping clients get ahead of CMMC and are scheduled to host a webinar on the topic on January 8th. Click here to learn more about the webinar and/or to register. Please contact Neal Beggan nbeggan@cbh.com with any questions.
Adequate Accounting Systems Requirements for Government Contractors
John Carpenter and Curt Smith discuss some of the most common reasons contractors are not successful in getting their accounting system deemed adequate when going through a DCAA audit.
DFARS Cybersecurity Requirements: NIST 800-171 Compliance for Government Contractors
If you are a contractor or subcontractor dealing with the DoD, listen to Susan Moser and Neil Beggan from Risk Advisory discuss NIST 800-171 requirement, who it applies to and when companies need to be in compliance.
Has Your Government Contractor Business Outgrown Your Accounting System?
Danielle DeSonia joins a roundtable of govcon consultants including John Carpenter, Curt Smith, Eric Poppe, and Javier Diaz, to discuss signs you have outgrown your accounting system. If you have a more basic system, increasing organizational complexity or contract types, a switch may be worth it in the end.
VOSB and SDVOB Changes that Government Contractors Need to Know
Craig Hunter and John Carpenter discuss some of the changes to Veterans Preference program. Recent streamlined requirements now make it easier to remain compliant. Listen now to gain insight on changes that may affect your business.
Government Contracting Sales and Wayfair
The Wayfair decision overturned the need for physical presence in collection of state tax. How does this impact government contractors? This decision has consequences outside of what you may think. Partners Susan Moser and Cathie Stanton weigh in on how Wayfair can impact your government contracting and sales.
Compliance Audits for For-Profit Companies
Due to unforeseen compliance audit requirements, for-profits companies are having their provisional and final rates held by the government. Why does a for-profit entity need to conduct a single or compliance audit? Partner Brynn McNeil explains why the government requires certain for-profits to conduct program-specific or compliance audits. Tune in to determine whether your company could be affected.
Common Issues and Challenges When Growing Your Business
Is your business in growth-mode? John Carpenter and Susan Moser discuss financial and other challenges companies encounter when experiencing growth. Remain competitive and stay abreast of new topics and considerations with this podcast.
Preparing for Incurred Cost Submissions
Now is a great time to consider incurred cost submissions for government contractors. In the first of our government contracting podcasts, senior manager Eric Poppe and manager Javier Diaz share valuable insight to help accountants handle incurred cost submission requests.