For small to mid-sized government contractors and nonprofits reliant on federal funding, contract down-scopes or terminations can disrupt financial stability. Whether caused by shifting agency priorities, budget reductions, or efficiency initiatives like those from the Department of Government Efficiency (DOGE), these changes present significant financial challenges. The silver lining? The Federal Acquisition Regulation (FAR) provides structured avenues for cost recovery—if navigated with precision. Here’s how expert insight can help you turn a potential financial setback into a recoverable event.
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It’s no secret the accounting profession is having a bit of a “numbers problem.” Headlines warn of a dire CPA shortage, with more than 340,000 accountants exiting the field over the past five years and fewer students taking the CPA exam than we've seen in decades. But amid the finger-pointing — whether it's aimed at long hours, uninspiring pay, or the dreaded fifth year of education — there’s a glaring trend many seem to overlook.
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