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Category: Accounting System

Follow up on DCAA Demanding AP Reports

February 13, 2015 Stephen Avery

I was researching another issue when I ran across this gem in DCAA’s “Information for Contractors”. Show to the next…

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Posted in: Accounting System, Cost And Accounting, Incurred Cost Proposals, Running Your Business Filed under: Contractor Business Systems, DCAA, DCMA, Defense Contract Audit Agency, Government Contracting, Government Contractor

DCAA Demands AP Aging Reports before Approving Invoices

January 26, 2015 Stephen Avery

Certain DCAA offices are beginning to request or demand copies of contractor AP aging records before approving a contractor’s invoice.…

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Posted in: Accounting System, Cost And Accounting, DCAA Relations, Incurred Cost Proposals, Running Your Business Filed under: DCAA, Defense Contract Audit Agency, Government Contracting, Government Contractor

I Tossed it Out Six Months Ago, What Are You Going to do About it?

October 15, 2014 Stephen Avery

I Tossed it Out Six Months Ago, What Are You Going to do About it? FAR 4.7 is fairly specific…

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Posted in: Accounting System, DCAA Relations, Incurred Cost Proposals

New OIG Audit Indicates DCAA Problems Continues

September 9, 2014 Stephen Avery

We identified 1 or more significant inadequacies on 13 of the 16 selected DCAA audits.  We found deficiencies with generally…

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Posted in: Accounting System, DCAA Relations, Department of Defense News, Incurred Cost Proposals

Contracting Officers allowed to Reject Low Quality DCAA Audit

July 7, 2014 Stephen Avery

We will see how this shakes out in the end, but the initial ruling by the Appeal Board finds that…

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Posted in: Accounting System, Cost And Accounting, DCAA Relations, Incurred Cost Proposals

Latest DOD Office of Inspector General’s report is a Minefield for Contractors

June 24, 2014 Stephen Avery

The latest DOD Office of Inspector General (OIG) audit of DCAA and DCMA ‘s work on Contractor Business Systems creates…

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Posted in: Accounting System, Cost And Accounting, DCAA Relations, Department of Defense News, Incurred Cost Proposals Filed under: Contractor Business Systems, DCAA, OIG

A World Without DCAA

May 19, 2014 Stephen Avery

Supporting a couple of audits where the CO’s kicked DCAA out the door and replaced them with outside accounting firms.…

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Posted in: Accounting System, Cost And Accounting, DCAA Relations, Incurred Cost Proposals

It is All in the Language

May 16, 2014 Stephen Avery

You will note I employ use of the terms ‘claimed’ and ‘unclaimed’  as opposed to the terms ‘allowable’ and ‘unallowable’.…

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Posted in: Accounting System, Cost And Accounting, DCAA Relations, Incurred Cost Proposals

Member Compensation Issues for Limited Liability Companies (LLC) working with DCAA

Stephen Avery

May 23, 2013 One of the reasons Limited Liability Companies (LLC) achieved popularity among small business at their inception arose…

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Posted in: Accounting System, Cost And Accounting, DCAA Relations, Running Your Business

Another Contractor Turned In by an Employee

May 14, 2014 Stephen Avery

February 13, 2013 This contractor is paying back 3.2M for allegedly directing their employees to fill out their timesheets as…

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Posted in: Accounting System, Cost And Accounting, Running Your Business

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