Posts Tagged ‘DCAA audits’

Key Concerns for Government Contractors

Thursday, August 12th, 2010

The environment in which government contractors have to work within has changed significantly over the last couple of years and the trend looks to continuing.  The changes have created uncertainty in the industry and concerns as to potential increased risk to contractors.  The attached PowerPoint documents address these changes and their impact to the industry.  Subjects covered include:

  1. Life under the new DCAA attitude
  2. Allowability of Specific Costs
  3. Adequate and Timely Incurred Cost Proposals
  4. Business Ethics & Conduct and Mandatory Disclosure
  5. Proposed DFARS Rule: Withholding Payments to DoD contractors
  6. Prime Contractor Management of Subcontractors
  7. Organizational Conflict of Interest – DFARS update, Requirements and problems
  8. Reporting Subcontract Awards Greater than $25,000
  9. American Recovery and Reinvestment Act
    FAR Subpart 4.15 – Reporting Requirements
  10. DoD Finalizes Changes to DFARS on Export Control
  11. Labor Relations Cost – Cost to fight unionization unallowable

To read more click here



DCAA audits of airfare cost

Monday, May 3rd, 2010

The changes to the definitions of what is allowable airfare cost chargable to the government is being miss-used by DCAA to require increases in documentation by the contractor and to disallow such cost which in turn significantly increses the administrative cost of documenting travel costs and the risk that such cost would be disallowed by DCAA

Click here for a copy of the article



The changing landscape of Government contract compliance

Tuesday, April 20th, 2010

The attached PowerPoint presentation address the many changes in compliance requirement facing government contractors and the potential impact on their business

  1. High-Visibility Procurement & Audit Issues
  2. DCAA and Access to Contractor Records
  3. Proposed DFARS Rule – Withholding Payments to DoD Contractors
  4. Contractor Business Systems and Internal Controls
  5. Ensuring a Compliant Cost Accounting System
  6. Prime Contractor Management of Subcontractors
  7. Interim Rule to Increase Competition in Major Defense Acquisition Programs (MDAP)
  8. How to Survive a DCAA Audit

Click here for a copy of the PowerPoint document