DEMAND THE 3RD EDITION -- Now 361 pages (3rd edition May 2014) is the first guide to implementing a complete set of policies and procedures for small government contractors working with the Defense Contract Audit Agency (DCAA), the Defense Contract Management Agency (DCMA) and other government agencies. The work covers major areas to include: Billing, Timekeeping, Cost Accounting, and 35 additional areas relevant to small company financial management and contractor compliance. The format is simple: Government Requirements: Statute, Regulations, and Guidance are replicated within the work and directly associated with the relevant section such as Timekeeping or Billing. Discussion: The government requirements are discussed and explained in terms that small contractors can translate into real business practices. Sample Policies and Procedures: Page after page of usable polices and procedures supplemented by flowcharts are included for each subject area. Registered purchasers of the new book from Amazon receive electronic copies of the entire sample polices and procedures to include the flowcharts for their customization. Electronic copies of the policies and procedures are available to registered owners of the book purchasing the current edition (new) from Amazon directly. Purchase of used copies or copies from vendors other than Amazon on the Amazon website do not qualify for electronic copies or updates. Contact the author at [email protected] with additional questions about receiving the electronic copies.

Audits provide essential accountability and transparency over government programs. Given the current challenges facing governments and their programs, the oversight provided through auditing is more critical than ever. Government auditing provides the objective analysis and information needed to make the decisions necessary to help create a better future. The professional standards presented in this 2018 revision of Government Auditing Standards (known as the Yellow Book) provide a framework for performing high-quality audit work with competence, integrity, objectivity, and independence to provide accountability and to help improve government operations and services. These standards, commonly referred to as generally accepted government auditing standards (GAGAS), provide the foundation for government auditors to lead by example in the areas of independence, transparency, accountability, and quality through the audit process. This revision contains major changes from, and supersedes, the 2011 revision.