Saturday, October 19, 2013

Accounting Policies and Procedures: For Small Government Contractors Working With the DCAA And Other Government Agencies, 2nd Edition, Stephen A. Avery




The first guide to implementing a complete set of Policies and Procedures for small government contractors working with the Defense Contract Audit Agency (DCAA) and the Defense Contract Management Agency (DCMA). The work includes the actual regulations and guidelines; discussion of compliance issues, and sample policies and procedures covering over forty areas to include billing, reporting, and timekeeping.

Electronic copies of the policies and procedures are available to registered owners of the book purchasing the current edition from Amazon directly.

"For the past 1/2 dozen years, I have been dealing with Steve Avery, a.k.a. www.dcaacompliance.com. Steve Avery himself has produced outstanding results when teamed with my firm in getting accounting systems off-the-ground for emerging firms to attain DCAA approvals (primarily accounting & estimating systems and forward price rates) and some CAS issues for a large company client. As example, Avery created an accounting system for a firm which I had helped establish, which won a $35 million Air Force CPFF contract. Steve was able to attain DCAA approval of the accounting systems in about a month from inception. Steve Avery has been cost effective in two ways:(1) able to cut the b.s. and (2) get to the meat of issues in sometimes hours, no more than a few days, instead of the typical weeks."

Ted Siomporas, Senior Vice President Acquisition Associates, Inc.

"Quadratech Group is a spinoff from Lockheed Martin Corp. As a medium sized company we don't always have the in-house resources needed to comply with some of the very technical aspects of DoD requirements. Steve worked with us over a number of years managing some very complex reconciliations and negotiations between us, LMC and the Government needed for final rate negotiations and the submission of the required Incurred Cost Proposals. His knowledge of the rules and practices earned the respect of the staff members of all parties."

Jim Goltz President, Quadratech Group LLC Previously; VP Finance, Energy & Environment Sector, Lockheed Martin Corp.

About the Author
Stephen A. Avery enjoys over twenty-five years of experience with government contractors working with financial management and compliance to include working with the Department of Defense, Department of Energy, Department of Health & Human Services, Department of Agriculture, Department of Commerce, and various state and local contracts. Clients range from small nonprofits and 8(a) companies to subsidiaries of Lockheed Martin. Steve taught accounting on both the graduate and undergraduate level for a number of years and is a combat infantry veteran of the 82d Airborne Division.

I agree 100% with the other two reviews of this book. This is a great resource!

While I was initially hesitant to spend this amount of money, I have to say that it has definitely been worth it to me. It is a very helpful guide as to what needs to be done - there is nothing else out there like this - I know, I have searched extensively - you can find various articles on a specific topic and other bits and pieces, but none of it all in one place, logically organized with the relevant DCAA standards in an easy to read format. If you need to get your baseline policies and procedures in place pretty quickly or just want to make sure you are covering and understand all the required basics, this book helps you do that. Note, as with any policies you purchase "off-the-shelf" you will want to tailor them to your situation, but this book provides an excellent foundation to do that.

I also found the author incredibly responsive - I asked a question about a particular statement in the book via email and he responded with an explanation that was easy to understand and some great examples the same day! I really appreciate that!

I think this book is an excellent investment and is saving me a lot of time.

Product Details :

  • Paperback: 314 pages
  • Publisher: CreateSpace Independent Publishing Platform; 2 edition (May 7, 2013)
  • Language: English
  • ISBN-10: 1484811445
  • ISBN-13: 978-1484811443
  • Product Dimensions: 11 x 8.5 x 0.7 inches


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