Federal Inspectors General Oversight
Senate Hearing: DCAA Audits Fail to Meet Professional Standards
The Defense Contract Audit Agency (DCAA) has recently come under severe scrutiny following a GAO review . According to the GAO’s findings , the DCAA failed to meet professional audit standards in 65 of 69 audits between 2004 and 2006. Federal Times reported this week that senators in a hearing of the Homeland Security and Government Affairs Committee have called for a separation and rebuilding of the DCAA. “We ought to start over,” Sen. Tom Coburn , R-Okla., said at the hearing. “We have got to look at this from the ground up.” Click here for the GAO review. Click here to read the article.