Archive for April 2018

Asset Tracking Vs. Inventory Tracking: Differences Explained

Businesses, non-profit organizations, and government agencies need a way to accurately keep track of products and equipment in their possession. Otherwise, these items can easily be misplaced, stolen, or damaged without their immediate knowledge, resulting in numerous kinds of financial loss. These entities often find that employing asset or inventory tracking software provides them with…

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What Types of Audits Does DCAA Perform?

It’s common for contractors to enter into agreements with local, state, and federal government agencies to provide these agencies with goods or services. When this occurs, the contractors in question must comply with government acquisition regulations (the specifics of which are based on the type of contract used in specific situations). The Defense Contract Audit…

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