Accession Number:

ADA610398

Title:

Review of Audits Issued by the Defense Contract Audit Agency in FY 2012 and FY 2013

Descriptive Note:

Corporate Author:

INSPECTOR GENERAL DEPT OF DEFENSE ARLINGTON VA

Personal Author(s):

Report Date:

2014-09-08

Pagination or Media Count:

163.0

Abstract:

As part of our oversight responsibility of DCAA, we evaluated a cross section of 16 DCAA audits completed between October 2011 and February 2013, including 5 audits of forward-pricing proposals and 11 audits of incurred cost proposals and other audit types. We reviewed the audits primarily to determine whether DCAA correctly applied applicable acquisition regulations and DCAA policy determined the adequacy of contractor cost or pricing data if applicable gathered sufficient evidence in support of the reported opinion and issued an audit report that adequately explained the audit findings and met the contracting officer s needs. At the conclusion of each review, we issued a memorandum that identified the findings and recommendations. The memoranda see Attachments 1 through 16 served to timely alert DCAA of any deficiencies we uncovered and to recommend that DCAA initiate corrective action. This evaluation focused primarily on DCAA s compliance with applicable regulations and certain aspects of DCAA policy on 16 audits. On August 21, 2014, the DoD Inspector General issued a Pass with Deficiency rating to DCAA after performing a peer review on DCAA s system of quality control. We did not evaluate the DCAA system of quality control or perform a comprehensive review of the 16 selected audits for compliance with all professional standards.

Subject Categories:

  • Administration and Management

Distribution Statement:

APPROVED FOR PUBLIC RELEASE