What is a Forward Pricing Rate Proposal and Why is it Important?

What is a Forward Pricing Rate Proposal and Why is it Important?

Summary of Keypoints A Forward Pricing Rate Proposal (FPRP) is a forecast of future indirect rates: It projects overhead, G&A, fringe, and labor rates for a defined future period and is submitted to agencies like DCMA to support government contract negotiations. FPRPs are central to fair contract pricing and negotiations: They establish cost realism and…

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Compliance as a Growth Driver: Accounting for Commercial and Government Funded Contracts

Compliance as a Growth Driver

Summary of Keypoints R&D-focused companies often rely on both commercial and federal funding, which creates complex accounting and compliance obligations under GAAP, IRS rules, and federal regulations tied to how the funding is awarded. Federal funding compliance varies by mechanism: Grants and cooperative agreements are governed by 2 CFR Part 200, with strict requirements around…

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Contract Briefs & Provisional Billing Rates: Paving the Way for Financial Success in Government Contracting

Contract Briefs & Provisional Billing Rates

Summary of Keypoints Contract Briefs and Provisional Billing Rates are foundational tools in government contracting, supporting both compliance and financial performance by aligning contract requirements with effective cost management and cash flow practices. Contract Briefs act as a strategic contract roadmap, summarizing key terms, compliance obligations, risks, performance benchmarks, and resource needs to improve clarity,…

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The Top 10 Benefits of an Outsourced CFO

Consultant services

Summary of Keypoints Outsourced CFOs provide high-level financial leadership without full-time cost, giving businesses access to senior expertise on a flexible, as-needed basis while avoiding salary, benefits, and overhead associated with in-house CFOs. They deliver objective, strategic financial insight, offering unbiased analysis, fresh perspectives, and data-driven guidance to support better decision-making, risk management, and long-term…

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GovCon 101: What Contractors Need To Know About Indirect Rates

The United States Capitol Building

Summary of Keypoints The article is part of a GovCon 101 series focused on selling to the federal government, building on earlier discussions of FAR, CAS, contract types, and the distinction between direct and indirect costs. This installment focuses specifically on indirect rates and rate structures, explaining how indirect costs—those not easily traceable to a…

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Jennifer Eubanks Contribution to Forbes Expert Panel: 15 Expert Tips To Help Small-Business Owners Better Manage Financial Risk

Forbes Finance Council

Summary of Keypoints Jennifer Eubanks contributed expert insight to a Forbes Finance Council article titled “15 Expert Tips To Help Small-Business Owners Better Manage Financial Risk,” alongside other finance leaders. The article focuses on financial risk management for small businesses, addressing challenges such as tax obligations, overhead costs, economic uncertainty, natural disasters, inflation, and limited…

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Eubanks and Company, LLC, dba Eubanks Accounting & Advisory included among the 2022 Inc. 5000 Annual List

Eubanks Accounting & Advisory Inc. 5000

Summary of Keypoints Eubanks and Company, LLC, dba Eubanks Accounting & Advisory was named to the 2022 Inc. 5000 list, recognizing it as one of the fastest-growing privately held companies in the United States. The Inc. 5000 ranking highlights exceptional revenue growth from 2018 to 2021, placing Eubanks Accounting & Advisory among companies that demonstrated…

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GovCon 101: What Contractors Should Know About Accounting For Government Contracts

GovCon 101: What Contractors Should Know About Accounting For Government Contracts

Summary of Keypoints The article introduces foundational accounting concepts for government contractors, building on prior discussions of Federal Acquisition Regulations (FAR) and government contract types. It is designed for contractors new to government accounting requirements, explaining how accounting practices differ when the federal government is the customer. The piece highlights why proper accounting is critical…

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Jennifer Eubanks Contribution to Forbes Expert Panel: 16 Essential Elements Business Leaders Should Include In Every Financial Disaster Plan

Expert Panel of Forbes Finance Council

Summary of Keypoints Jennifer Eubanks contributed expert insight to a Forbes Finance Council article titled “16 Essential Elements Business Leaders Should Include In Every Financial Disaster Plan.” The article addresses lessons learned from the COVID-19 pandemic, emphasizing the importance of financial preparedness for disruptions such as supply chain delays, labor shortages, and inflation. The guidance…

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