Government Contracting

Given the volume of Department of Defense (DoD) audits that have transpired over the course the past two fiscal years, one message is loud and clear – defense audits should be recognized as an annual exercise. Paying close attention to business systems is vital for Defense Contract Audit Agency (DCAA) and Defense Contract Management Agency (DCMA) compliance. Review what contractors and manufacturers need to know to shore up their audit readiness.

Government contractors are starting to see audit notifications from the Defense Contract Audit Agency (DCAA) as they enforce new accounting system compliance requirements. What can firms expect from these audits, when will they be informed and how can they best prepare? Partner expert Baker Tilly helps fill in a few blanks on the new rules of the road.

Whether you are taking your first steps as a government contractor or have a Ph.D. in RFPs (request for proposals), chances are some of the first agency acronyms you filed away for future work are FAR (Federal Acquisition Regulation) and CAS (Cost Accounting Standards). Peek behind the curtain for each to gain some important compliance readiness tips and resources.

Compliance was the hottest blog topic for 2019. Look back at some of Deltek’s most reviewed posts, covering everything from Defense Contract Audit Agency (DCAA) and Defense Contract Management Agency (DCMA) audits, procurement software benefits and FAR and GSA compliance to better understand the compliance rules of engagement for 2020.

Four words a government contractor doesn’t expect to see in the same sentence—“DCAA audit” and “worry free.” Deltek partner expert Aronson, LLC, reviews how to go from scared to prepared when it comes to the three audits government contractors are most likely to encounter.

The Department of Defense seems inclined to make defense audits an annual exercise. What audit readiness tactics and solutions could smooth the path for DCAA and DCMA reviews?

Before hiring that first, second, or seventeenth employee for a government contracting business, review some suggestions for building effective infrastructure. Plus, a few more 101 basics.