Tag Archives: DCAA

What’s on Tap for the DCAA in 2017?

What’s in store for the Defense Contract Audit Agency (DCAA) in Fiscal Year (FY) 2017 you may ask? At a recent NCMA dinner, there were a number of key points discussed by the Director of DCAA that contractors should pay close attention to. Areas of focus included strategic priorities in FY2017, the outcome of the FY2016 National Defense Authorization Act (NDAA), and interests of the DCAA in the FY2017 NDAA.

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Decoding Budgeting Indirect Rates Webinar: Questions? Aronson Answers – Part II

As promised, a continuation of the Q&A from Aronson’s Government Contracting webinar “Decoding Budgeted Indirect Rates,” presented by Donna Dominguez and Aisha Mian.

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Decoding Budgeting Indirect Rates Webinar: Questions? Aronson Answers

On October 20, 2016, our Aronson LLC government contracting specialists Donna Dominguez and Aisha Mian hosted “Decoding Budgeted Indirect Rates,” where they provided tips, guidance, and best practices to help government contractors efficiently build their budgeted indirect rates for the upcoming year. As a follow up to this webinar, Donna and Aisha have prepared answers to a large number of attendee questions that we wanted to share. To watch the webinar, please visit this link.

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Surprise! New DCAA Guidebook!

DCAA has posted a new guidebook on their website called Selected Area of Cost Guidebook: FAR 31.205 Cost PrinciplesThis guidebook replaces Chapter 7 of the Contract Audit Manual (CAM) in total.

While this new guidebook retains much of the original content from Chapter 7, there are 13 areas which have been either updated or rewritten.  DCAA has also added 23 additional chapters addressing FAR Part 31.2 Cost Principals that were not previously included in the CAM.

DCAA plans to continue updating other areas and publish them as completed.  The 13 areas that have been rewritten are listed below.  While not all areas are completed, it is worth familiarizing yourself with the new guidebook and updated areas.

  • Bonus & Incentive Compensation
  • Joint Ventures and Teaming Arrangements
  • Depreciation
  • Insurance
  • IR&D/B&P
  • Idle Facilities/Idle Capacity
  • Legal
  • Patents
  • Royalties
  • Consultants
  • Pensions
  • Alcoholic Beverages
  • Manufacturing and Production Engineering

For more information on the DCAA Guidebook, contact Aisha Mian at amian@aronsonllc.com

DCAA Skeletons Come Out to Play!

The ban on using DCAA staff for non-DoD agencies has been lifted.  DCAA may once again provide full audit support to other agencies effective October 1, 2016, as posted on September 30th as a Memorandum for Regional Directors (MRD).

DCAA lifted the ban because they reached their 18 month goal to reduce the Incurred Cost Submission (ICS) inventory.

What will this mean for contractors?  Will halted previous agency audits rise from the dead?  Or will DCAA review accounting and business systems for upcoming proposals? Time will tell if this is more of a sweet treat or terrible trick.

For more information about Aronson please contact Donna Dominguez at ddominguez@aronsonllc.com or (301) 222-8232.

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