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What does the DCAA do?
On occasion the government contracting officer from the agency in which you received your Federal Contract from will contract with the DCAA to review or audit your proposed costs to verify that they are “reasonable” and “allocable”. The audit is often conducted at your place of business and you will be asked a series of questions; for instance “How do you calculate your Indirect Rates?” Such questions and others can cause clients stress and unless we help in most situations it can mean a loss of a contract and or future contracts. We have experience with their questions, procedures, methods and practices.
Chances are, if you are reading this, than it is possible you have a concern. Here is a sample of what we deal with on a regular basis with the DCAA:
We are familiar with FAR (Federal Acquisition Regulation) Part 31 dealing with the cost accounting principles imposed on Federal Contractors.
We can help you organize your current accounting software or help you setup new software to help assist in passing a DCAA accounting system audit. We can bring you up to date on job costing and indirect rate reporting and calculating.
If you have recently been through an audit and have received deficiencies for Floor Checks, CAS violations or simply your accounting system than we can help you put it all on track.
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