Strategic Consulting Solutions, Inc.

Premier Consulting & Integration (PCI) Acquires Strategic Consulting Solutions (SCS)

Red Bank, NJ – August 1st, 2021 – Premier Consulting & Integration (PCI) the leading provider of financial management consulting services, implementation and audit support for government contractors and marketing agencies, announces it has closed the acquisition of Strategic Consulting Solutions (SCS), a woman-owned, small business based in Knoxville, Tennessee, assisting clients with a wide range of accounting and […]

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Indirect Cost Pools

By: Laura Davis May 4, 2018 Indirect rates are a critical item for a government contractor.  Keeping those rates low is the only way to bid competitively and be profitable.  So what are some of the major factors a government contractor should consider in developing their indirect rate structure? Should I use a two-tier or […]

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Preparing for a DCAA Audit: Pricing and ICS Audits

Contracting with the Federal Government grants the DCAA authority to audit your accounting system. The DCAA conducts audits depending on whether this is a Pre-Award Review (before receiving a contract award) or a Post-Award Review (after receiving a contract award). Either way, it is critical to ensure that your accounting system is compliant with DCAA […]

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Three Reasons You Should Outsource Your Accounting

Do you know what outsourced accounting is and what it can do for your business? If you’re ready to grow your company’s bottom line and streamline your accounting systems (amongst others), maybe it’s time you consider the potential of outsourced accounting. First, it’s important to know what it is: Outsourced accounting allows an outside staff […]

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Best Features of a GovCon Compliant Timekeeping System

There are many electronic timekeeping systems that advertise that they can support government contractors. The truth is, many can, but many also require customization. So what should you look for when shopping for a timekeeping system? We recommend a system that can handle the four basic compliance rules for a government contractor, then we recommend […]

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Government Contract Accounting: Unallowable Costs Vs. Non-billable Costs

In government contracting, cost is no longer just cost. Cost is segregated into and defined by specific categories with special restrictions, such as direct and indirect costs, allowable and unallowable cost, and billable and non-billable costs. Sifting through these definitions and understanding how they apply to your government contract accounting is vital, as they are […]

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Key Elements of a Compliant Accounting System

While many factors can come into play during an accounting system review, there are several key components that make up a compliant account system.  Our goal is to provide you with the top 10 areas that make or break an accounting system when audited by Defense Contract Audit Agency (DCAA). 1. Segregation of Costs by […]

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Have I Outgrown Quickbooks?

QuickBooks is a great accounting system for small Government Contractors.  It can be designed and used in a manner that is considered DCAA compliant and can pass an accounting system audit.  Many companies find QuickBooks to be an ideal fit for their company.  However, we are often asked the question ‘How will I know when […]

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Decoding FAR Part 31…..What are ‘Unallowable’ Costs?

  As a government contractor it is imperative that you segregate your unallowable costs from your allowable costs.  Sounds simple, right?  Maybe for those that have made it their goal to become scholars of the Federal Acquisition Regulations (a.k.a. FAR) in their spare time, but for most it can be guesswork at best. I’d like […]

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