Monthly Archives: August 2014

Should I Buy Equipment as a Direct or Indirect Cost?

Double-counting the purchase price of equipment (as both a direct and indirect purchase) is a major weakness in an accounting system, and your company may be one of the unknowing culprits. For example, your company buys equipment under a reimbursable … Continue reading

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Is Your Accounting System Phase II Ready?

As each Phase II award season rolls around, we constantly see firms scrambling to make their accounting system something it’s not: adequate. The harsh reality is that during your Phase I award, you can probably have an adequate accounting system … Continue reading

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