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What Are The Cost Accounting Standards?

Capital Edge Consulting

In government contracting, maintaining a DCAA-approved accounting system is crucial. The Defense Contract Audit Agency (DCAA) enforces strict guidelines to ensure that contractors accounting systems meet the standards required for compliance. Key Takeaways: Overview of DCAA Approved Accounting System essentials.

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IRS dinged by GAO for subpar documentation of AI audit models

FedScoop

An IRS pilot program that uses artificial intelligence to select audit cases and identify noncompliance didn’t properly document elements of the technology’s sample selection models, a new watchdog report found. With that in mind, the watchdog pointed to the usefulness of its AI accountability framework.

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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

While it aligns with Liberia’s approach, the Model Law places greater emphasis on transparency, the documentation of justification for using restricted bidding, and minimizing disruptions to competition. These safeguards are designed to protect the integrity of the procurement process and ensure fairness and accountability.

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Open Olympics 2026: progress and challenges

Open Contracting Partnership

Its hugely positive that 20 Italian civil society organizations came together as a coalition to push for transparency and accountability in the delivery of the Games. Spending transparency : The portal only reports initial bid values, not actual expenditures. Initial estimates suggested total expenditure would exceed 5.72

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What is Fair and Reasonable Transparency? 

The CGP

Keeping with the title and theme of the Coalition’s Fall Training Conference, “ What is Fair and Reasonable,” this week’s blog addresses what is fair and reasonable transparency. Transparency is the key to effective communication between and among stakeholders in the procurement process. Transparency is in the government’s interests.

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Marking 10 years and $120 billion of better public procurement for people

Open Contracting Partnership

This was not the case, so we developed an Open Contracting Data Standard to bring together crucial documents and data across the whole cycle of procurement and across the many different silos of government. We were never just after a bit more transparency though, we wanted to transform how procurement is done.

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Tech issues are part of the problem — and solution — for FOIA backlog, GAO finds

FedScoop

The ever-increasing backlog of Freedom of Information Act requests for federal agencies is due in part to technological issues facing the workers charged with fulfilling them, a new Government Accountability Office report found. said in a statement.