Business System Consultation and DCAA Audit Support
Our experts have the necessary insight to identify best practices for the implementation and refinement of all major DCAA required systems. Ensuring your company’s systems are compliant with DCAA regulations will prove to be a valuable asset. We encourage all of our clients to not only fulfill DCAA’s requirements but to also determine methods that will put them on the leading edge within the industry. Our experts provide you with valuable insight into industry best practices. Implementation of these practices helps your company mitigate risk brought on by audit scrutiny and streamline operations to increase efficiency and effectiveness. Our team of professionals assists contractors with issues arising from the following DCAA required systems:
- Overall Control Environment and Accounting
- Compensation
- Labor
- Indirect and Other Direct Costs
- Material
- Billing
- Estimating and Pricing
- Information Technology
- Budget and Planning
- Purchasing / Procurement
Our experts assess organization’s current systems to give insight into potential risk areas before they are discovered through audits or reviews. Typical questions that may arise include:
- Is the current compensation package comparable to industry averages?
- Are indirect and direct costs being allocated to the correct cost objectives?
- Does the contractor conduct a compliant source selection process when procuring goods or services?
- Do employees record their time correctly?
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