Post-Award Compliance · DCAA
In government contracting, the primary accounting concern is cost. Our team helps you prepare for, and get through, a DCAA compliance audit.
Commercial accounting and government contract accounting are not the same. What changes is how costs are classified, segregated, allocated and reported — and that is exactly what an auditor examines.
The everyday items examined in a DCAA compliance audit.
| Audit | What it looks at |
|---|---|
| Forward pricingProposed rates and pricing for future work. | Proposed rates and pricing for future work. |
| Pre-awardWhether your accounting system can support a cost-type award. | Whether your accounting system can support a cost-type award. |
| Incurred costActual costs claimed against contracts each fiscal year. | Actual costs claimed against contracts each fiscal year. |
| Compensation & benefitsReasonableness of salaries, wages and fringe. | Reasonableness of salaries, wages and fringe. |
| Contractor Purchasing System Review (CPSR)How you buy, approve and document subcontracts and materials. | How you buy, approve and document subcontracts and materials. |
| Labor charging & floor checksWhether employees’ time is recorded and charged correctly. | Whether employees’ time is recorded and charged correctly. |
| Special & other auditsIndependent financial opinions a contracting officer requests on specific contract elements. | Independent financial opinions a contracting officer requests on specific contract elements. |
Both apply specifically to federal government contractors, and DCAA auditors measure you against them.
FAR
Essentially the bible of government procurement: the primary set of rules agencies follow when purchasing goods and services.
CAS · est. 1968
Created for consistency within and between contractors’ cost accounting practices. CAS tells you how to charge contracts, what goes to which contract, how to maintain your accounting system, and how costs flow from incurrence to final expense.
Get audit-ready before DCAA calls.
Our experts review your cost classification, indirect rates and accounting system so findings never surprise you.