DCAA Compliance Consulting & Advisory Services

The Federal Government has recently asked for greater transparency and a concentrated effort to identify fraud waste and abuse. This new focus has resulted in an increased need for Government contractors to endure a DCAA audit of proposals and accounting systems. In turn, contractors are required to expend significant time and resources to ensure full DCAA compliance to avoid the repercussions of a failed DCAA audit. This adds yet another level of bureaucracy that contractors must contend with.

Have you ever had that moment when an auditor from the Defense Contract Audit Agency calls and says that they have been asked to perform an audit of your price proposal or your accounting system? I am willing to bet your first thought when you hung up the phone was, "Oh &%*#!"

DCAA auditors are no cupcake to handle lightly and can leave the most seasoned of contractors anxious and intimidated. Unfortunately, this is the response many new Government contractors have in that initial contact with DCAA. Much of this anxiety comes from a mis-communication between contractor and auditor. More often than not, the words and phrases DCAA auditors use get lost in translation leading to major confusion on the contractor side. McNew & Associates draws upon its vast DCAA compliance experience to eliminate these feelings by providing a translation of the DCAA audit requirements. Having been on the other side of that phone call as former DCAA auditors and Contracts Managers, McNew & Associates understands the DCAA auditor mindset and the DCAA audit objectives. We have a full understanding of all DCAA audits, as well as the Federal Acquisition Regulations (FAR), and the Defense FAR Supplement (DFARS), and Cost Accounting Standards (CAS) by which any DCAA audit is meant to comply with. No longer do you need to conduct business directly with the DCAA. We are your interface with DCAA and we will ensure a smooth audit experience each and every time.

DCAA Audit Compliance encompasses many different tasks. McNew & Associates provides guidance with regard to the following:
          • DCAA Audit Support
          • DCAA Mock Audits
          • Internal Control Implementation
          • Cost Accounting Theory Application
          • Indirect Rate Development & Monitoring
          • Policy & Procedure Development
          • CAS, FAR & DFARS Guidance and Interpretation
          • EVMS Setup and Support
          • Project/Program Management Analysis Tools
          • Cost/Price Analysis