TBS Management Workbench

Calculator: Hosting with TBS

2010-09-08T13:48:43+00:00

Typically, we save our clients between 25 and 35% in raw costs with every implementation, not to mention internal personnel cost and opportunity costs.

John Burson on Income Statements

2010-04-12T23:48:30+00:00

What should a design firm's compiled financial statement look like? John Burson details some pointers for highlighting financial details in the A&E accounting environment.

Planning and Control for the Non-Financial Manager

2010-04-12T23:19:44+00:00

The managing principal of a design firm is often an architect or engineer who is a non-financial manager not trained in accounting. In this article first published in A&E Business, John Burson details the key metrics non-financial managers should be aware of in their decision making process.

Password Worst Practice – Avoid It.

2010-03-22T11:20:11+00:00

Password cracking is as easy as 123456, according to a recent study by Impervia of 32 million RockYou.com passwords.

Document Retention Policies: How Long Should You Keep Things On-File?

2009-12-23T14:33:07+00:00

When should you hold on to documents and when should you toss them? This reference guide from Watkins Meegan should help you keep your documents under control.

Financial Audits – Deficiencies & Material Weaknesses & Their Meaning

2009-12-23T13:17:19+00:00

A financial statement audit is designed to express an opinion on the financial statements, not on the entity's internal controls. However, obtaining an understanding of these controls remains a key part of every financial statement audit. Phil Philips, CPA of Watkins Meegan helps explain the language surrounding control gaps and deficiencies.

Uncompensated Overtime & How It Impacts Government Contractors

2009-12-23T13:02:57+00:00

Many government contractors have found themselves in a “discussion” with DCAA auditors regarding uncompensated overtime at one point or another. The following article by CPA Kristen Soles of Watkins Meegan helps provide guidance regarding how to properly account for uncompensated overtime.

Comp Time Policies – Accounting Impacts for Government Contractors

2009-12-23T12:39:33+00:00

The term “Comp Time” is often overused and can mean different things to different people. These suggestions by CPA Stephanie Widzinski of Watkins Meegan, will help guide you as you develop your firm's comp time policy.

Year-End Hints for Time & Expense

2009-10-24T13:44:11+00:00

Unlike your accounting system, T&E does not have a complex year end close process, however there ARE a few things you can do to make your transition into the new calendar or fiscal year seamless if you follow the steps from this guide from Cordia Partners and TBS.

Troubleshooting Revenue in GCS

2009-10-24T13:14:27+00:00

This guide from Cordia Partners will help give you a quick introduction into Revenue Calculation, Options by Contract Type, Budget File Effects on Revenue, Reports, and Troubleshooting by Contract Type