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ARTICLE · 04 AUGUST 2023

Government Contracts Cost And Pricing – DCAA Audits (Part 2)

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Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing compliance issues facing Government contractors.

United StatesAccounting and Audit
Keith Szeliga
Keith Szeliga
Emily Theriault
Emily Theriault
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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 article on Defense Contract Audit Agency (DCAA) audits. DCAA's mission is to conduct contract audits and to provide accounting and financial advisory services to all Department of Defense (DoD) components responsible for procurement and contract administration. Part 1 of this article provided an overview of DCAA's mission, organization, and audit rights, as well as the types of audits conducted by DCAA. Part 2 focuses on DCAA's standard audit procedures across audit types and identifies best practices for contractors dealing with DCAA audits.

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