ACCOUNTING SYSTEM AUDITS FOR GOVERNMENT CONTRACTORS
July 17, 2019 | (11:00AM)
USA (United States of America)
DCAA is ramping up the audit of government contractor accounting system audits and contractors should beware. DFARS has 18 criteria that a contractor must comply with to have an acceptable accounting system. Although these requirements are contractually required for large contractors, we have found that DCAA is using these same criteria to assess small business accounting systems as well.