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Understanding the Accounting Requirements for Managing Government Contracts and Grants

Find out what accounting system you’ll need to put in place to successfully manage government grants and contracts funding

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Learn how the federal government purchases goods and services using different contract types and the accounting requirements needed for managing the funds properly. We’ll summarize the contract types used and cover the things you need to know to stay out of trouble and position yourself for additional funding.


This whitepaper will help you gain a better understanding for what is needed to meet the specialized federal government’s compliance requirements. This includes being able to demonstrate that your indirect cost allocation methodology is fair and equitable and can withstand the scrutiny of a government audit.

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