065 Do I Need An Approved Accounting System?

Published: Feb. 8, 2016, 5 a.m.

b'If you work in the Government acquisition world, this podcast is for you. \\nThis episode is brought to you by Unanet. Unanet provides a \\u2018single source of truth\\u2019 and removes the barriers to sharing realtime information caused by using separate business systems. Use Unanet for all Projects, People & Financials, or integrate seamlessly with other accounting and ERP systems. Visit unanet.com/podcast to learn more.\\nWhen do you need an \\u201capproved\\u201d accounting system? What does \\u201capproved\\u201d actually mean? Who approves it? What is the difference between adequate, acceptable, and approved accounting systems?\\nKevin and Paul answer these questions and discuss the reasons why the Government requires contractors to build rigor into cost accounting systems in order to accumulate and allocate different cost elements. Learn how the requirements for accounting systems (and other business systems) scale as the size and complexity of contracts grows. \\nVisit unanet.com/podcast to learn more.'