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FREE WEBINAR: DCAA AUDIT HOT TOPICS

This complimentary webinar will provide an update and overview of current “Hot Topics” related to contracting with the federal government and interacting with the Defense Contract Audit Agency (DCAA). The webinar is intended for professionals in the areas of accounting, compliance, finance, and program or contract management. 

Presented by Chad Braley of Capital Edge Consulting, y
ou will hear about recent legislation impacting the government’s limit on employee compensation that can be charged on government contracts, and the challenges to the government contracting community in complying with the new requirements. 

We will also discuss recent DCAA guidance to its auditors related to the identification of “expressly” unallowable costs. The classification of a cost as “expressly” unallowable is of course important because if such costs are claimed by a contractor on government contracts, the penalty may be as much as 200% of the claimed “expressly” unallowable amount. 

Next, there have been a couple of recent approaches that the DCAA has adopted to assist auditors in eliminating their audit backlog of Incurred Cost Submissions (ICS). Some elements of their approach will impact whether or not outstanding contractor ICS years (submissions) are actually audited. 

Finally, we will discuss DCAA’s expanded review and testing related to processing interim payment vouchers, which will negatively impact contractor resources to support the additional documentation requirements and on-site testing by the DCAA. 
This webinar is now available on-demand. Click here to view. 
About Our Presenter

Chad Braley is CEO and Managing Director at Capital Edge Consulting.

Capital Edge consultants combine their unique backgrounds and experience in consulting, public accounting, industry, and DCAA to provide you with unmatched government contracting expertise.

This breadth of specialized experience enables us to provide the exact services and level of expertise you need to succeed. They have worked with government contractors ranging in size from startup to Fortune 100 companies in industries such as manufacturing, nuclear energy, professional services, biotech/pharmaceuticals, defense, and software. 
Download DCAA Audit Hot Topics Slides
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