When it comes to accounting for costs under a Federal Grant or Contract, there are many unique rules and regulations that Government Contractors face that do not apply in the commercial world. The Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), and 2 CFR 200 Uniform Guidance are three major documents in the Government Contracting and Grants world that document these unique rules and regulations. These documents provide guidance on the accumulation and allocation of all business costs and further define key concepts such as allowability, allocability and reasonableness. At Capital Edge, our consultants bring more than 350 years of collective experience providing government contractors with solutions to their Accounting and Finance compliance needs.

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