Advertise on podcast: 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 CFR rule means, how it connects to DFARS and 32 CFR, and what contractors should be doing now to stay ahead of the rollout. Listen to learn more about: The definition of CMMC and why it mattersAn overview of CFR 48CFR 48 timeline and rolloutPotential readiness and compliance challenges and how to overcome themAction items to prepare for CFR 48The conversation includes: 0:37 – Introduction to CMMC: What It Is and Why It Matters4:32 – Finalization of the 48 CFR Rule12:50 – Challenges, Obstacles & Pain Points in Readiness and Certification27:16 – Operational Challenges, GRC Tools and Assessment Readiness Tips32:19 – Ecosystem Growth & Capacity35:22 – Key Takeaways & Action Items37:42 – Upcoming Events & Learning OpportunitiesPOCs Steve Ursillo, Partner Brian Kirk, Senior Manager   Related Insights: Article | DoD CMMC Requirements: A Guide for Defense ContractorsArticle | Cybersecurity Maturity Model Certification (CMMC): Compliance Process & FAQsView all Government Contracting Podcasts

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 ►    Role of the Small Business Administration’s (SBA) Mentor-Protégé Program ►    Accounting for JVs ►    How Cherry Bekaert can assist with JV setup, tax structuring, accounting systems and ongoing compliance Whether you're exploring a JV for the first time or looking to refine your current structure, Cherry Bekaert professionals are here to help. Let our team support you in building a tailored JV that’s not only compliant but strategically sound.  View all Government Contracting Podcasts

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 rollsResponsibilities expected in these rolesRequirement to hold the positions What type of work environment to expect Skills needed to succeed in each roleCherry Bekaert’s team of government contracting consultants has significant experience in outsourced accounting solutions.  Our professionals provide regular updates, thought leadership, current and future state consulting, change management advisory and ready to stand up services. If you have any questions specific to your situation, our government contracting and tax consultants are here to discuss solutions tailored to you. Contact us. View all Government Contracting Podcasts

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, Green New Deal initiatives, as well as funding under the Inflation Reduction Act (IRA) and Infrastructure Investment and Jobs Act (IIJA) programs.  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 Government Contracting practice who spent 13+ years with DCAA, to discuss what this means for government contractors moving forward. Listen to learn more about: What it means when an organization receives a stop work order How to understand the terms and conditions of the contract or awardWhen to reach out to your contracting officer The flow down of responsibilities for prime contractors vs. subcontractors when receiving a stop-work order or a termination of contractThe importance of documenting all costs and expensesThe differences between terminations of fixed price and cost-plus contracts or awardsStrategies to control and mitigate costsSteps you can take to help minimize the settlement process timeline Ways to maximize cost recovery during settlement or negotiationsCherry Bekaert’s team of government contracting professionals has significant experience with the complexities and challenges of navigating these types of executive orders. If you have any questions specific to your situation, our government contracting consultants are available to discuss your situation with you. View all Government Contracting Podcasts

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 costImpact revenue recognition on the cost of a project Tax impactsFinancial reporting considerations Compliance requirements Setting up a project for joint ventureCompanies who aren’t in government but work with Government Contractors Cherry Bekaert’s team of government contracting professionals have significant experience in accounting and reporting. As more guidance comes forth, we are here to provide regular updates and thought leadership to guide your journey forward. If you have any questions specific to your situation, Cherry Bekaert is here to discuss solutions tailored for you. Contact us. View all Government Contracting Podcasts

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 rates and their benefits. Tune in to learn more about: An overview of forward pricing ratesHow forward pricing rates differ from provisional billing rates The forward pricing rates proposal processDifference between a recommendation (FPRR) and an agreement (FPRA)The forward pricing rate proposal adequacy checklist for contractorsBenefits of sound forward pricing rates Cherry Bekaert’s team of government contracting professionals have significant experience in forward pricing rates. As more guidance comes forth, we are here to provide regular updates, and thought leadership to guide your journey forward. If you have any questions specific to your situation, Cherry Bekaert is here to discuss solutions tailored for you. Contact us. View all Government Contracting Podcasts

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 challengesHow changes in leadership can affect system and accounting efficiencies Areas companies need to consider to make the most of Deltek CostpointBenefits of a system assessment for organizations using Deltek Costpoint  Cherry Bekaert’s team of government contracting professionals have significant experience with Deltek Costpoint. As more guidance comes forth, we are here to provide regular updates and thought leadership to guide your journey forward. If you have any questions specific to your situation, Cherry Bekaert is here to discuss solutions tailored for you. Contact us. View all Government Contracting Podcasts

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, formerly known as the Truth in Negotiations Act or TINA. Brendan was previously a divisional administrative contracting officer (DACO) at the Defense Contract Management Agency (DCMA) and Jeff has spent over 13 years with the Defense Contract Audit Agency (DCAA), while holding several leadership positions. Tune in to find out more about: The background and history of the Truthful Cost or Pricing ActWhat is considered cost or pricing data Most common thresholds and exceptions to the act The certification, sweep and disclosure processDefective pricing and government auditsBest practices surrounding the Truthful Cost or Pricing Act Cherry Bekaert’s team of government contracting consultants have significant experience and can help your growing government contracting business navigate the Truthful Cost or Pricing Data Act. If you have any questions specific to your situation, our consultants are available to discuss your situation with you. Contact us today. View all Government Contracting Podcasts

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 nameHow long it typically takes employees to adopt time and expense functionality in UnanetThe recommended company size needed to utilize UnanetHow Unanet supports growth in a companyHow Unanet supports DCAA and FAR complianceThe ease of standard and analytics reportingAdditional resources available during and after implementation Cherry Bekaert’s team of government contracting professionals has significant knowledge and experience with Unanet. As more guidance comes forth, we are here to provide regular updates and thought leadership to guide your journey forward. If you have any questions specific to your situation, Cherry Bekaert is here to discuss solutions tailored to you. View all Government Contracting Podcasts

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 Services Director Lynnette Leidwinger. Together, they discuss how subcontractor administration can be beneficial to a company’s success.  Tune in to find out about: The definition ofSubcontractingFlow downsTeaming arrangementsCompliance considerationsThe importance of flow-down clausesHow teaming arrangements can be a good tool for contractorsCompliance considerationsCircumstances in which a contractor’s compliance gets reviewedKey takeaways for hiring a subcontractor Cherry Bekaert’s team of government contracting consultants have significant experience in subcontracting administration and can help your growing government contracting business navigate the challenges. If you have any questions specific to your situation, our consultants are available to discuss your situation with you. View all Government Contracting Podcasts

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 about vital elements of year-end planning, including: BudgetingContract WaterfallCash ForecastingKey Measures: Monthly Tracking and Reporting Cherry Bekaert’s team of government contracting professionals have significant experience with next-year and year-end planning for government contractors. As more guidance comes forth, we are here to provide regular updates and thought leadership to guide your journey forward. If you have any questions specific to your situation, Cherry Bekaert is here to discuss solutions tailored to you. Contact us. View all Government Contracting Podcasts

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 between bookkeeping and outsourced accounting Situations in which government contractors need accounting help How to make a smooth transition into outsourcing accounting needsTips for forming a positive relationship with an outsourcing firmPitfalls a company should avoid before getting into an outsourcing relationshipQuestions you should ask during the interview processCherry Bekaert’s team of government contracting professionals have significant experience in outsourced accounting. As more guidance comes forth, we are here to provide regular updates and thought leadership to guide your journey forward. If you have any questions specific to your situation, Cherry Bekaert is here to discuss solutions tailored for you. Contact us. Related Guidance  Podcast: How to Get the Most Out of Your Outsourcing FirmArticle: Outsourced Accounting Frequently Asked Questions (FAQs)View all Government Contracting Podcasts

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 ERP, including: Conducting an initial discussion with stakeholdersDefining and documenting current business processes, strengths and pain pointsDetermining required features and functions Identifying needed software integrations Integrating accounting and reporting considerations Considering compliance requirementsCherry Bekaert’s team of government contracting professionals have significant experience in ERP solutions. As more guidance comes forth, we are here to provide regular updates and thought leadership to guide your journey forward. If you have any questions specific to your situation, Cherry Bekaert is here to discuss solutions tailored for you. Contact us. View all Government Contracting Podcasts

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 option Uncovering the benefits of using an outsourcing firmOptimizing the working relationship with an outsourcing firm Cherry Bekaert’s team of government contracting consultants have significant experience in outsourced accounting solutions. As more guidance comes forth, we are here to provide regular updates, thought leadership, current and future state consulting, change management advisory and ready to stand up services. If you have any questions specific to your situation, our government contracting and tax consultants are here to discuss solutions tailored for you. Contact us. View all Government Contracting Podcasts

In the fourth episode of Cherry Bekaert’s Cost Accounting Standards (CAS) podcast series, 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 cost impacts, as well as the differences between General Dollar Magnitude (GDM) and Detailed Cost Impacts (DCI). Brendan was previously a Divisional Administrative Contracting Officer (DACO) at the Defense Contract Management Agency (DCMA) and Jeff has spent over 13 years with the Defense Contract Audit Agency (DCAA), while also holding positions such as quality manager, supervisory auditor and field audit office manager. Tune in to find out more about:What cost impacts are When cost impact proposals are necessaryDifferent types of cost impact proposalsA detailed overview of GDM and DCICost Impact Materiality How to position the cost impactCherry Bekaert’s team of government contracting consultants have significant CAS experience and can help your growing government contracting business navigate CAS. If you have any questions specific to your situation, our consultants are available to discuss your situation with you. Contact us today. If you haven’t already, catch up on other parts of the series : Cost Accounting Systems Series: Part 1 – A Comprehensive OverviewCost Accounting Systems Series: Part 2 – Considerations for Growing a GovConCost Accounting Systems Series: Part 3 – Implications When Acquiring Companies Related Guidance Webinar Recording: Cost Accounting Standards (CAS): Part 1 – CAS Coverage Types, Common Standards, and CAS ApplicabilityWebinar Recording: Cost Accounting Standards (CAS): Part 2 – Cost Accounting Changes and ImpactView all Government Contracting Podcasts