On July 27, 2017 MCCC Small Business Co-Chair Greg Knoop welcomed Donna Dominguez, Director, Government Contract Services Group, Aronson LLC to speak about “Turning Your Accounting System into an Asset for Winning and Conducting Business with the Federal Government.”
Donna provided guidance on the importance of implementing internal controls related to all cost centers associated with government contracting. Labor, direct and indirect costs represent some of these costs. Accounting systems, policies and procedures must be in place at the RFP stage. The auditor provides a Pass/Fail report to the contracting officer. Only the report number is provided to the business. Once the business receives the number, this is the “golden ticket” for new business with the government and prime contractors.