Remove Document Remove Evaluation Remove Internal Control
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What Are The Cost Accounting Standards?

Capital Edge Consulting

Instead, the DCAA evaluates whether a contractors accounting system meets the required standards based on specific accounting methods, procedures, and internal controls. Internal Controls : Strong internal controls are necessary to ensure the accuracy and reliability of financial reporting.

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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

Government Contracts & Investigations

6] DCAA is authorized to examine contractor records related to proposals, discussions, pricing, and performance to evaluate the accuracy, completeness, and currency of cost or pricing data. [7] and evaluate significant variances for potential defective pricing. [48] and evaluate significant variances for potential defective pricing. [48]

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What is Enterprise BI? Everything You Need to Know

Capital Edge Consulting

Instead, the DCAA evaluates whether a contractor’s accounting system meets the required standards based on specific accounting methods, procedures, and internal controls. Internal Controls : Strong internal controls are necessary to ensure the accuracy and reliability of financial reporting.

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Understanding the Importance of a DCAA Approved Accounting System

Capital Edge Consulting

Instead, the DCAA evaluates whether a contractor’s accounting system meets the required standards based on specific accounting methods, procedures, and internal controls. Internal Controls : Strong internal controls are necessary to ensure the accuracy and reliability of financial reporting.

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Application of CAS to Indefinite Delivery Vehicles (IDVs)

Capital Edge Consulting

Employee Training DCAA will audit training content and documented attendance. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.” WAH occurrences do compel a contractor to develop additional documented timekeeping policies related particularly to WAH programs.

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Conformance of CAS to GAAP

Capital Edge Consulting

Employee Training DCAA will audit training content and documented attendance. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.” WAH occurrences do compel a contractor to develop additional documented timekeeping policies related particularly to WAH programs.

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Conformance of CAS to U.S. GAAP for Operating Revenue and Lease Accounting

Capital Edge Consulting

Employee Training DCAA will audit training content and documented attendance. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.” WAH occurrences do compel a contractor to develop additional documented timekeeping policies related particularly to WAH programs.