Post-Award Accounting System Audit

Purpose/Requirements

  • FAR 53.209(f) and DFARS 252.242.7006(c)
  • Performed after Contract Award
  • Audit based on actual cost data flowing through the system
  • Verifies the SF1408 criteria are operational
  • Opinion issued with possible DCMA corrective action requirements – decrements

What DCAA is Finding

  • Lack of or inadequate policies and procedures
  • Internal control deficiencies
    - Separation of duties- reasonable for size of contractor
    - Segregation of unallowable cost
  • Job costing issues
    - System isn’t segregating cost by contract
    - Labor distribution isn’t operating effectively

Our Team is Available to Assist

Testimonials

What Clients Are Saying

"I  worked with Don when he was a Senior Executive at DCAA and now that he is President of MGC you cannot find a person more knowledgeable on Government Compliance. We will definitely continue to use his team's services."

Warren Stoker- Chief Compliance Officer- Major Defense Contractor

“Working with Don and his team has been a pleasure and the results were astounding. The MGC Team has been a huge asset to our firm”

Langley Holland - Contractor Marketing

If You Have Any Questions
or Concerns Call
(703) 477-1840

McKenzie Government Consulting

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