Part Two – Early Childhood or “How DCAA, Contractor, and Consultant Can Ruin an Audit”: Souring the Milk

When the contractor bid on the Air Force contract they had no written policies and procedures, utilized a popular accounting…

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17-2 Costs Related to Extraordinary Reviews of Unsettled Overhead Costs

One of the probably unforeseen outcomes of DCAA’s decision to spin off Chapter Seven of the Contract Audit Manual (CAM)…

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Supervisors Fail to Act Properly to DOD Employee ‘Misuse’ of government funds for Casinos and Adult Entertainement

Excerpt from a recent Department of Defense OIG audit followup to previous audit:   Finding We determined that DoD management…

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Another Consequence of DCAA’s Backlog

Hidden among all of our arguments concerning the Statute of Limitations is the stark fact that DCAA’s backlog makes this…

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Statute of Limitations Does Mean SOL

I guess we need to start sending the general ledger detail in with the Incurred Cost Proposal…. ARMED SERVICES BOARD…

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Legal Fees and the Government Contractor

Years ago when I first began my work in finance and accounting I came to hate suspense accounts. For those…

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