Accounting System, DCAA Relations, Department of Defense News, Incurred Cost Proposals

One More Gem from the Latest GAO Report

“DCAA’s ability to reach a steady state by 2016 will also depend on

whether DCAA completes its audits within anticipated time frames.

However, DCAA was not able to complete the number of audits it planned

to in 2012. Specifically, DCAA planned to address 4,065 incurred cost

proposals in fiscal year 2012 by, for example, completing an audit or desk

review, but the agency reported that it addressed 2,930 as of the end of

September 2012.”

GAO-13-131 Contract Closeout (p 17)

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