DCAA audit preparation for government contractors. FAR Part 31 cost principles, accounting systems, and incurred cost submissions.
The notification arrived on a Tuesday. A Defense Contract Audit Agency (DCAA) auditor was on-site, reviewing overhead pool charges for the prior fiscal year. By Wednesday afternoon, the auditor had flagged $47,000 in entertainment expenses...
Read the Guide
Most small contractors fail Defense Contract Audit Agency (DCAA) audits before the auditor walks through the door. The accounting system was never designed for government contracting. Time gets recorded in lump sums at the end...
Read the GuideOne compliance analysis per week from Josef Kamara, CPA, CISSP, CISA. Federal and private compliance, written for practitioners.