Expect More Audits From Defense Contract Audit Agency

Law360, New York (September 18, 2013, 6:13 PM EDT) -- The Defense Contract Audit Agency employs approximately 4,492 auditors to review contractor accounts, records and business systems in order to assess whether contractor business practices and procedures are in compliance with the Federal Acquisition Regulation, the Defense Federal Acquisition Regulation Supplement, and other applicable government laws and regulations. See Report to Congress on FY 2012 Activities at the Defense Contract Audit Agency (March 29, 2013) at 1-2. In the prior year, the DCAA employed 4,225 auditors. See Report to Congress on FY 2011 Activities at the...
To view the full article, register now.