Summer is here and we’re back with another edition of the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. We just ...
In recent years, the U.S. government has seen a notable increase in contracting work – a shift that has caused the Defense Contract Audit Agency’s workload to grow rapidly. To keep up with the ...
“The new guidance is contrary to prior DCAA guidance and current generally accepted government auditing standards in that it severely restricts the discretion of DCAA field auditors to exercise ...
Preparing for an incurred cost submission audit can seem like quite a major challenge for any government contractor. The Defense Contract Audit Agency conducts these audits and can make even the most ...
The Defense Contract Audit Agency (DCAA) has been favoring contractors during audits and bullying those within the agency who try to speak out, the Government Accountability Office (GAO) revealed in a ...
U.S. government contracts account for over $700 billion annually, a significant portion of which hinges on the ability of contractors to "establish and maintain an acceptable accounting system," which ...
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing compliance issues facing Government contractors. This is the second installment of a two-part ...