Review of Audits Issued by the Defense Contract Audit Agency in FY 2012 and FY 2013
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.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 08, 2014
- Accession Number
- ADA610398
Entities
Organizations
- Office of the Inspector General, U.S. Department of Defense