Evolve 2023 Attracts Record Attendees and Sponsors In its second year, the Evolve 2023 Growth Summit by Anglin Reichmann Armstrong has doubled in size, attracting government contracting and construction attendees as well as a record number of sponsors. Co-hosted by ABC of North Alabama and The Catalyst Center for Business Entrepreneurship, the event was held...Continue Reading
Your Incurred Cost Submission has been provided to DCAA and deemed adequate, now what? After determining the final indirect rates, the contractor must address their adjusting invoices. Adjusting invoices are a result of the difference between the final indirect rate burden calculated at the end of the year and the provisional (or target) indirect rate...Continue Reading
By: Brandon Smith, CPA In my last article, I talked about how being the managing partner of a public accounting and advisory firm wasn’t exactly my dream. I didn’t fit the old suit-and-tie model, but I did like fresh ideas, technology and people. It turns out that these interests are far more important than how...Continue Reading
By: Brandon Smith, CPA If you had a crystal ball back in 2002 and told me as a young database programmer that I would one day lead a top, mid-sized accounting firm, I would have been surprised. I didn’t know then how much the accounting industry would soon rely on analytics, key performance indicators and...Continue Reading
During the pandemic, due to much uncertainty about the future, business owners held on to their businesses. Would their industry fare well? Would there be a great shift in technology as a result, and would they have the bandwidth to keep up? By early 2022, M&As found their foothold and a lot of businesses have...Continue Reading
On August 25, 2022, Anglin Reichmann Armstrong and PTAC Florida hosted a government contracting growth summit called “Evolve.” This event aimed to connect small, medium, and large companies to discuss government contracting opportunities through networking and educational presentations. The event was held at the Hilton Garden Inn in Ft. Walton Beach, FL. Our 2022 Evolve...Continue Reading
The Internal Revenue Service announced they are looking to hire over 4,000 contact representative positions in 22 cities in the U.S. and in Puerto Rico. So far through the month of June, the IRS has held virtual and in-person hiring events where they have given job offers to qualified candidates. “The IRS continues to increase...Continue Reading
We know and have felt by now the effects of supply chain issues due to the pandemic. If you are in real estate, construction or manufacturing you may have seen an immediate difference between your 2019 revenue vs 2020 and 2021 revenues. How do you project costs and create budgets for 2023 based on the...Continue Reading
Do you have the clause FAR 52.216-7 “Allowable Cost and Payment” in any of your contracts? If you do, you likely have a requirement to prepare an Incurred Cost Submission for your company and submit it to your local DCAA office 6 months after your fiscal year-end. Typically, this FAR clause is incorporated in cost...Continue Reading
This article was written by Meg Hampton and originally published by Accounting Today. We have heard that many of the tasks and duties that today’s college students will perform by 2030 have not been invented yet. The evolution of technology and AI is already changing how public accountants perform their work, and it stands to reason...Continue Reading
