Government Contracting Resources
Government Contracting Resources
NASBA, AICPA Propose Revisions to CPE Standards
The National Association of State Boards of Accountancy (NASBA) and the American Institute of CPAs (AICPA) proposed for public comment revisions to the Statement on Standards for Continuing Professional Education Programs, including adding adaptive learning for self-study programs. The standards
GASB Issues Proposed Implementation Guide on Leases
The Governmental Accounting Standards Board (GASB) has issued a proposed Implementation Guide (PDF) that contains questions and answers about the GASB’s new standards on accounting and financial reporting for leases. The Exposure Draft proposes answers to questions about GASB Statement No. 87 ,
New Law Forces Accounting Firms to Disclose Investigations
The U.S. Defense Department (DoD) will soon force accounting firms it hires to disclose investigations they face, a requirement that chips away at federal protections that have long helped keep flawed audits of public companies under wraps. The directive was slipped without notice into last August’s
NASBA Proposes Peer Review Changes
The National Association of State Boards of Accountancy (NASBA) is proposing changes to the Uniform Accountancy Act (UAA) Model Rules related to peer review programs. The UAA is a nonbinding model designed to provide best practices for state laws and regulations related to the accounting profession.
Expanding Your CPA Services to the Government
Guide from the American Institute of CPAs (AICPA) on getting started in working with government contracts.
Government Contracting: Look Before You Leap!
This March/April 2010 Disclosures article discusses that, while contracting may be a good fit for your business, make sure you’re aware of the unique aspects of dealing with the government.
Code of Virginia: Retail Sales and Use Tax for Contractors
Sec. 58.1-610 of the Code of Virginia, including all attempts to amend the law, detailing retail sales and use tax laws for contractors.
Federal Acquisition Regulation — State and Local Taxes
Subpart 29.3, State and Local Taxes, of current Federal Acquisition Regulations (FAR).
Seth Davis
Seth Davis, CPA, is a partner with more than 15 years of experience in public accounting. As Dixon Hughes Goodman’s (DHG) tax market leader for Metro D.C., Seth is focused on coordinating relevant U.S. federal, state and local, and international tax services that are aligned with each company’s business objectives. His experience includes serving large, privately-held and publicly-traded companies operating in a wide variety of industries, including media and entertainment, aerospace and defense, government contracting, banking and financial services, technology, and manufacturing/distribution.
Seth has extensive experience with federal and state income tax planning, accounting for income taxes (ASC 740 and IAS 12) and helping companies analyze the tax implications of various merger and acquisition scenarios. His passion is serving as a strategic partner to the firm’s clients with the intent of adding value to each organization.
Prior to joining DHG, Seth worked at a Big Four firm for more than 13 years in Atlanta, Ga., Charlotte, N.C. and McLean, Va.