Webinar Recording

DCAA “Hot Buttons” Update for Government Contractors

January 23, 2020

Webinar transcript

The Defense Contract Audit Agency (“DCAA”) is continually launching new audit initiatives.

Additionally, new statutes and regulations are enacted that affect the way DCAA conducts its business. Given these realities, almost every contractor that has undergone a DCAA audit recently can attest to the fact that DCAA is aggressively pursuing questioned costs and expanding its audit scope to new areas.

Whether you are a small business new to government contracting, or a large contractor preparing for one of your many annual reviews, it helps to understand what issues DCAA is focusing on, and why. Our presenters work with a number of our clients to resolve DCAA findings and have extensive hands-on experience in this subject. In this webinar, we will discuss the following topics:

  • Audit Guidance on Revised Treatment of Incomplete or Inadequate Prime Contractor Cost or Price Analyses
  • Audit Alert on Identifying Expressly Unallowable Costs
  • Audit Guidance on Using Materiality in Incurred Cost Audits
  • Contractor Business Systems and DoD’s Need for Better Information to Monitor and Assess the Review Process
  • The Report on Evaluation of DCMA Contracting Officer Actions on DoD Contractor Executive Compensation Questioned by DCAA

Speakers

  • John T. H. Carpenter, Principal, Advisory Services| Cherry Bekaert LLP
  • John N. Ford, JD, Senior Consultant, Advisory Services | Cherry Bekaert LLP
  • Curt Smith, CPA, CFE, Manager, Advisory Services | Cherry Bekaert LLP