Tag Archives: unallowable

Selected Cost Series #1 (FAR 31.205-1)

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Public Relations and Advertising Costs The first cost “selected” tends to be one to give heartburn to contractors and auditors alike.  I can remember sitting in Technical Indoctrination at the DCAA Contract Audit Institute in Memphis, TN back in 2000 … Continue reading

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FAR 31 Series (Part 4, Credits and Accounting for Unallowables)

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Although I initially skipped this section, I believe touching on it can provide some insight to the “logic” of the government allowability criteria. Credits The government is entitled to its share of everything (see also Income Taxes).  The same can … Continue reading

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FAR Cost Principles Series (Part 2, Allowability, Reasonableness, and Allocability)

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As a former DCAA auditor, it was a primary goal for my position to find and report unallowable costs.  Recently, I have been hearing a lot more from the community in terms of making FAR 31.2 easier to understand.  This is pat 2 … Continue reading

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