Cherry Bekaert: Government Contractors Guidance

In this episode of Cherry Bekaert’s GovCon podcast, Neal Beggan is joined by cybersecurity professionals Steven Ursillo and Brian Kirk for a comprehensive deep dive into the current state of Cybersecurity Maturity Model Certification (CMMC) compliance.  They discuss how 48 CFR will reshape the enforcement of cybersecurity requirements in government contracts. This episode breaks down what the 48 C...

In this episode of Cherry Bekaert’s GovCon Podcast, Advisory Managing Director Michael Cippel and Senior Audit Manager Sarah Tucker explore the foundational principles and nuanced challenges of joint ventures (JVs) within the government contracting sector.   Tune in to learn about: ►    Definition and Structure of JVs ►    Strategic Benefits of JVs ►    Types of JVs ►    Pros and Cons of JVs ►   ...

In this episode of Cherry Bekaert’s Government Contracting podcast, host Jonathan Reid, Director, is joined by Mike Cippel, Managing Director, to discuss the job differences between accounting managers, controllers and chief financial officers (CFO).  Tune in to learn more about: The definition of an accounting manager, controller and CFO   Key differences between the three rolls Responsibilities...

As of Monday, January 28, President Donald Trump has signed various executive orders requiring the halt of federal funding for various programs. This will allow the administration to determine the program’s alignment with legal and presidential priorities.  These orders impact funding for foreign aid, non-governmental organizations, diversity, equity and inclusion (DEI) programs, gender ideology,...

In this episode of Cherry Bekaert’s Government Contracting podcast, we discuss what to consider when planning the cost of a project. Eric Poppe , a Managing Director in the Government Contracting Industry practice, is joined by Jonathan Reid , a Director in Outsourced Accounting Services. Tune in to learn more about: What to expect when reporting cost Impact revenue recognition on the cost of a pr...

In this episode of Cherry Bekaert’s Government Contracting podcast, host Jeff Annessa , a Senior Manager in the Firm’s Government Contracting practice, is joined by Jade Casey , a director in the Firm’s Government Contracting Services group. Jeff spent more than 13 years working with the Defense Contract Audit Agency (DCAA) and brings valuable experience to their discussion on forward pricing rate...

In this episode of Cherry Bekaert’s Government Contracting podcast, host Brendan Halloran , a Director in Cherry Bekaert’s Government Contracting Industry practice, is joined by Jeff Annessa , a Senior Manager in the Firm’s Government Contracting practice. Bringing extensive knowledge and experience in the government contracting space, Brendan and Jeff discuss the Truthful Cost or Pricing Data Act...

In this episode of Cherry Bekaert’s Government Contracting podcast, Romain Robveille, Advisory Services Director, is joined by Justin Pell, Senior Manager,  for an overview of the Deltek Costpoint software and how to get the most out of this system.  Tune in to learn more about: Effective uses of Deltek Costpoint for businesses  Issues with current Costpoint uses and leadership challenges How chan...

In this episode of Cherry Bekaert’s Government Contracting podcast, host and Advisory Services Manager Shaydah Naraghi is joined by Advisory Services Senior Manager Christine DeYuliis to discuss how Unanet could help guide your business forward.  Tune in to learn more about: How Unanet got its name How long it typically takes employees to adopt time and expense functionality in Unanet The recommen...

In this episode of Cherry Bekaert’s Government Contracting podcast, host and Government Contractor Services Director Brendan Halloran leverages his extensive knowledge and experience in the government contracting space. With a background as a Divisional Administrative Contracting Officer (DACO) at the Defense Contract Management Agency (DCMA), Brendon offers valuable insights alongside Advisory Se...

In this episode of Cherry Bekaert’s Government Contracting podcast, Mike Cippel , a Managing Director in the Firm’s Outsourced Accounting Advisory practice, is joined by Irwin Kaplan , Director, to discuss how government contractors can begin to plan for next year. They cover the ideal timeframe for contractors to start preparing, as well as key planning considerations.  Tune in to learn more abou...

In this episode of Cherry Bekaert’s Government Contracting podcast, we discuss the do’s, don’ts and pitfalls of outsourced accounting. Host Eric Poppe , a Managing Director in the Government Contracting Industry practice, is joined by Jonathan Reid, a Director in Outsourced Accounting Services.    Tune in to learn more about: How outsourced accounting helps government contractors  Differences betw...

In this episode of Cherry Bekaert’s Government Contracting podcast, we discuss how to choose the right Enterprise Resource Planning (ERP) system that fits your company’s unique needs. Host Eric Poppe , a Managing Director in the Government Contracting Industry practice, is joined by Christine DeYuliis , a Senior Manager.   Tune in to learn more about steps your business can take to find the right...

In this episode of Cherry Bekaert’s Government Contracting podcast, we discuss ways to optimize the benefits of outsourcing your accounting operations. Host Craig Hunter, a Director in the Government Contracting Industry practice, is joined by Mike Cippel, Managing Director, and Directors Irwin Kaplin and Jonathan Reid. Tune in to learn more about: Deciding if outsourced accounting is your best op...

In the second episode of Cherry Bekaert’s Operational Effectiveness podcast series, Eric Poppe , a Managing Director in Cherry Bekaert’s Government Contracting Industry practice, is joined by Todd Angioli, a Director in the Firm’s Government Contracting practice with 20+ years of financial operations experience. Together, Eric and Todd discuss mid-year considerations when budgeting and forecasting...

In this episode of Cherry Bekaert’s GovCon Podcast, Brynn McNeil and Craig Hunter both Assurance Partners in Cherry Bekaert’s Government Contracting Industry practice, discuss  revenue recognition for government contractors. Listen to learn more about: The five steps for recognizing revenue under Accounting Standards Codification (ASC) 606 Understanding how costs drive revenue  Common errors in re...

In this episode of Cherry Bekaert’s GovCon Podcast series on the Small Business Administration’s (SBA) 8(a) Business Development Program, Brynn McNeil and Craig Hunter , assurance partners in Cherry Bekaert’s Government Contracting Industry practice, discuss accounting best practices for 8(a) companies. Listen to find out about: Setting up an accounting system to segregate costs Chart of Accounts...

In the first episode of a new series on effective operational and financial performance for government contractors, Eric Poppe , a Managing Director in Cherry Bekaert’s Government Contracting Industry practice, is joined by Todd Angioli , a Director in the Firm’s GovCon practice with 20+ years of financial operations experience, to discuss considerations when budgeting for year end. Listen to this...

In the second episode of Cherry Bekaert’s Cost Accounting Standards (CAS) podcast series, Eric Poppe , a Managing Director in Cherry Bekaert’s Government Contracting Industry practice, is joined by Jeff Annessa , a Senior Manager in the Firm’s GovCon practice who spent 13+ years with DCAA and held various positions such as Quality Manager, Supervisory Auditor, Field Audit Office Manager, and Artan...

In this episode of Cherry Bekaert's Government Contracting podcast, Brendan Halloran , a Director in Cherry Bekaert’s Government Contracting Industry practice ,and  Jeff Annessa , a Senior Manager in the Firm’s GovCon practice continue our Contractor Business Systems series, discussing system reviews, audit findings, corrective actions, and ACO determinations. Indicators of potential findings...

The Defense Contract Audit Agency (DCAA) recently released its Fiscal Year 2022 Report to Congress. By law, the DCAA is required to submit an annual report detailing the DCAA’s activities for the previous year. In this episode of Cherry Bekaert’s GovCon Podcast, Eric Poppe , a Managing Director in Cherry Bekaert’s Government Contracting Industry practice, is joined by Jeff Annessa , a Senior Manag...

In this eighth episode of Cherry Bekaert’s podcast series on Contractor Business Systems, Brendan Halloran , a Senior Manager in Cherry Bekaert’s Government Contracting Industry practice who was previously a Divisional Administrative Contracting Officer (DACO) at the Defense Contract Management Agency (DCMA), is joined by Roy Rushing , a Manager in the Firm’s GovCon practice and a former Contracti...

A government contractor Material Management and Accounting System (MMAS), as outlined in Defense Federal Acquisition Regulation Supplement (DFARS) 252.242-7004 , is a system for planning, controlling and accounting for the acquisition, use, issuance and disposition of material. It is under the cognizance of the Defense Contract Audit Agency (DCAA) and geared towards a contractors’ manufacturing pl...

In Part 1 of this two-part series, Cherry Bekaert’s Government Contracting Industry advisors discussed what companies need to consider when being acquired or acquiring a company that has federal contracts that are a significant part of their business, including some of the administrative items critical to that process. In Part 2 Brendan Halloran , a Senior Manager in Cherry Bekaert’s Government Co...

An Earned Value Management System (EVMS) refers to the software, processes, tools, templates and management controls a contractor uses to accomplish their earned value management activities in accordance with the guidelines established by the Electronics Industry Alliance (EIA) Standard 748. Earned Value Management Systems (EVMS) is the standard for DoD (Department of Defense) Earned Value Managem...