…compliance, assessment requirements, and expectations for DoW contractors. Read the full article here. Keiter Technologies The Keiter Technologies team encourages government contractors to prepare for the CMMC by completing a…
…contractor health insurance considerations If you are an independent contractor, you will be responsible for acquiring your own health insurance, which is often expensive when not offered through a large…
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…you can focus on its many other challenges. How Segregation of Duties Strengthens a Contractor’s Control Environment A contractor’s control environment includes the governance and management functions and the attitudes,…
…However, the rush to adopt AI without proper security checks can lead to significant vulnerabilities. AI creates unique considerations for System and Organization Controls (SOC) audits, both from the user’s…
…Considerations for effective contractor billing processes Effective billing practices are crucial for maintaining strong client relationships and ensuring timely payments. By prioritizing transparency and accuracy, contractors can enhance trust and…
Key traits to look for when choosing a SOC auditor Organizations today understand that outsourcing functions to service providers, such as a software-as-a-service, does not transfer all the risk to…
New legislation provides some tax relief for contractors Complying with sales tax laws can be challenging for the average business; however, compliance is even more challenging for contractors who may…
…important in maintaining fairness and balance in contractual agreements between the government and contractors. Understanding REAs is crucial for both parties involved, as they represent a formal process to address…
…to, evaluate and implement the new standard. A more tricky area of the new revenue recognition standard for contractors is the idea of uninstalled materials, or their impact on satisfying…
…Cybersecurity team will continue to monitor the rollout of the CMMC program and update you on new information and changing requirements for DoD contractors. Questions? Contact us: Email | 804.747.0000…
…to best practices in reporting to enhance and promote consistency in contractor financial statement reporting. Tips for Consistency in ASC 606 Reporting ASC 606 Terminology Changes Contractors need to be…