Thank you for visiting our government accounting blog. Below, you will find recent news and updates on the government accounting industry. Be sure to comment your thoughts below each post.

Business Owner Found Guilty of Mail Fraud

Posted on May 30, 2017

mail fraud

A Philadelphia business owner has pled guilty to conspiracy to commit mail fraud and will be sentenced in June....

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Micro-Purchase Threshold Increased

Posted on May 25, 2017

Micro-Purchase Threshold

The National Defense Authorization Act increases the micro-purchase limit within the Department of Defense to $5,000....

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Addressing the Small Business Profit Crisis, According to Mike Michalowicz

Posted on May 21, 2017

Small Business Profit

Businesses have generally considered profit to be what is left after all the expenses are paid. Mike Michalowicz, in an article entitled “Is There a Profit Crisis in Your Small Business? If So, Here’s How to Face It” argues that small businesses must rethink how they look at profit....

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DoD Mentor-Protege Agreements Found To Have Significant Problems

Posted on May 16, 2017

DoD Mentor-Protege

A recent report by the Government Accounting Office has found significant problems with the DOD Pilot Mentor-Protégé Program....

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Government Spending Report Reveals New Statistics

Posted on May 10, 2017

government spending

A report by the Government Accountability Office showed that professional services were the top service procured by government agencies from 2011 to 2015. Learn more about the report here....

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