What should you know about Government contract accounting?

When doing business with the Government, the cost accounting principles are more complex and rigid than those applied in commercial business practices.
But that should not be a deterrent in your quest to pursue Government contracts.
Instead, I hope you can use the tips below to lay the foundation for a sound Government cost accounting system at your company, a cost accounting system which is critical to the successful implementation and delivery of your Government contract.
http://www.hoyman.com/News/Detail/tabid/121/ArticleID/49/Default.aspx