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 ...
“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 ...
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 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 ...
In 2005 and 2006, the Defense Contract Audit Agency helped enable Boeing to recover about $270 million in losses from a failed commercial satellite business, approving unorthodox accounting methods ...
The Defense Contract Audit Agency (DCAA) — one of the Pentagon’s top contracting watchdogs – should consider rescinding or augmenting certain recent reports because of lapses in “professional judgment ...
Government contractors can breathe a bit of a sigh of relief with the conference version of the 2013 National Defense Authorization Act. The final version of the bill backs off provisions involving ...
Did the Pentagon ignore proposals by the Defense Contract Audit Agency (DCAA) to increase oversight of federal contractors and save taxpayer dollars? The Project On Government Oversight (POGO) has ...
Austal USA LLC has pled guilty and has agreed to pay $24 million to resolve an investigation by the U.S. Justice Department related to an accounting fraud scheme and efforts to obstruct the Defense ...
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 ...