subject: Consulting Services For Dcaa Compliance Support [print this page] There are consulting services that can provide businesses with DCAA compliance support if needed. With the complexity of this, it could be very beneficial. First of all, DCAA is the abbreviation used for the Defense Contract Audit Agency, which is responsible for all contract audits. It is also responsible for accounting and advisory services which coincide with contracts within the U.S. Department of Defense (DOD) components. This department will also provide audit services to other government agencies. Lets get some more information about this specific topic to get a better understanding about who and what is involved in this process.
There are many responsibilities of this Department. Some of the duties that they perform may include reviewing bid proposals, assist in auditing the contract modification costs and incurred costs as well as accounting system compliance reviews. There is actually a contract audit manual that has all the detailed information about auditing regulations and rules that the agency uses for guidance because of the complexity of their work.
If any business handles any types of government contracts, then most likely the DCAA will be involved with that company. These companies will be under a contract with DOD and will need to pass an ICE (Incurred Cost Electronic) report on an annual basis. So, basically, companies have to turn in a spreadsheet report that has to meet the strict requirements of the Department. This means that a company has to know these regulations and comply with the complex rules. Thats why it may be a good idea to hire consulting services that have the education, experience and background to ensure that your company does pass these strict guidelines on an annual basis.
In order to find these consulting services, one option to consider is searching on the Internet. There are plenty of websites that offer these services along with other services such as contract administration, GSA scheduling and preparation, executive compensation, or training courses for related topics. These professionals will be able to provide compliance support, help improve business, and come up with solutions related to contract audits. It is always best for any company to be prepared as these rules and regulations must be followed with no types of errors. With a specialist at your side with your business, this service will take every step necessary with their professional staff to make sure everything is in order. Take the necessary time to research a few professional services so that you have the best DCAA compliance support that your business deserves!
