Compliance

May 21, 2019

10th Annual Deltek Government Contracting Industry Study (Clarity) Highlights

by Colin Quinn

What are the current trends shaping the GovCon Industry? Last year’s Deltek Clarity Government Contracting Industry Study told a story of continued growth and optimism in the Government Contracting market. This year’s report largely reaffirms that sentiment, with organizations of all sizes seeing growth in 2018 and expecting continued growth, revenue, and increased competition to continue for at least another year. Deltek has been able to identify the most important trends, challenges, and benchmarks in…

June 13, 2018

9th Annual Deltek Government Contracting Industry Study (Clarity) Highlights

by Colin Quinn

What are the current trends shaping the GovCon Industry? Last year’s Deltek Clarity Government Contracting Industry Study report exhibited a cautious optimism that the industry was climbing towards its strongest level in years. This year, that optimism has been proven in full, both profits and growth have grown exponentially and organizations now project double-digit growth into the foreseeable future. This years study, comprised of 638 unique responses across more than 90 questions, the 9th Annual Deltek…

December 16, 2014

6 Common Accounting Challenges for Government Contractors

by Colin Quinn

Government contractors have specific accounting needs. The complex, stringent, and regularly changing requirements and regulations of Government agencies creates many accounting and financial challenges for small and mid-sized contractors. There are 6 demanding accounting challenges Government Contractors face. We will share those mistakes below: 1. Not comprehending government rules/requirements Companies that think government accounting involves a slight variation from commercial business are incorrect. Through voluminous and ever-changing requirements, provisions that many contracts carry are understood and solutions are readily available…