Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing compliance issues facing Government contractors. This is the second installment of a two-part ...

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. We just completed two articles on the Truth in ...

Preparing for an incurred cost submission audit can seem like quite a major challenge for any government contractor. The Defense Contract Audit Agency conducts these audits and can make even the most ...

“The new guidance is contrary to prior DCAA guidance and current generally accepted government auditing standards in that it severely restricts the discretion of DCAA field auditors to exercise ...

Government contractors can breathe a bit of a sigh of relief with the conference version of the 2013 National Defense Authorization Act. The final version of the bill backs off provisions involving ...

In 2005 and 2006, the Defense Contract Audit Agency helped enable Boeing to recover about $270 million in losses from a failed commercial satellite business, approving unorthodox accounting methods ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Been a while since the Defense Contract Audit Agency came ...

WASHINGTON — Auditors at a Pentagon oversight agency forced changes to unfavorable reports on contracts with some of the nation's largest defense companies, hid contractor over-billing and attempted ...

WASHINGTON, July 23 (Reuters) - Supervisors in the Pentagon agency that audits weapons contracts used intimidation, harassment and threats to get their employees to alter audits in favor of ...

Austal USA LLC has pled guilty and has agreed to pay $24 million to resolve an investigation by the U.S. Justice Department related to an accounting fraud scheme and efforts to obstruct the Defense ...