In a previous blog we examined, from a very top level, what it means when someone says they have had a DCAA audit. In that blog we explored the 4 major groups that the DCAA classifies audits, the number...
Many times when I talk with prospective clients I ask them if they have a DCAA compliant accounting system. Many times they say "I have a compliant accounting system because I've had a DCAA audit". Well,...
The following blog is an article taken from our recent ReliAscent Quarterly Newsletter (Volume 5, Issue 3), published last week.
There has been a trend in the last 5 years that the DCAA is auditing fewer of the annual Incurred Cost Proposals (ICP's). This is based on the shear backlog as well as the risk factor to the government....
The Defense Contract Audit Agency was created in 1965 to help the Government assure that they are making the best use of taxpayer dollars on the contracts they enter into. As a result, they have been...
It is surprising to me how the word audit can create such fear in people. I think either a previous bad experience or just hearing of someone else having a bad experience in an audit probably fuel that...
Earlier this year I was asked to participate in a webinar to cover the difference between the DCAA and the DCMA as well as describe what each agency did. The audience was a group of companies that were...
At ReliAscent we have noticed lately several examples of the DCAA interpreting a regulation differently than they had in the past. This apparent shift in interpretation might catch an unsuspecting...