Capital Edge Consulting
DECEMBER 5, 2024
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.
Government Contracts & Investigations
SEPTEMBER 25, 2023
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]
Capital Edge Consulting
SEPTEMBER 27, 2024
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.
Capital Edge Consulting
AUGUST 28, 2024
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.
Government Contracts Legal Forum
APRIL 30, 2024
Additions to the Post-Award Requirements Regarding Sourcing 2 CFR 200.317 allows Tribal Government recipients to use their own internal procurement standards rather than complying with federal procurement standards prescribed in 2 CFR 200 200.318 through 200.327.
Government Contracts & Investigations
FEBRUARY 29, 2024
28] DCAA Audit Guidance Chapter 6 of the DCAM, Incurred Cost Audit Procedures, includes detailed guidance for evaluating the reasonableness of compensation costs. 31] Thus, implementing and documenting adequate internal controls for determining compensation can significantly reduce audit risk.
Great Government Through Technology
NOVEMBER 29, 2023
You’ll also compile inventories, evaluate products, influence workforce development, prioritize projects, remove barriers, document use cases , assess performance, implement internal controls, and ensure your agency’s AI efforts comply with a host of existing laws and policies. But wait, there’s more!
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