Extending DCAA's Audit Powers To Work Papers

Law360, New York (September 7, 2012, 12:43 PM EDT) -- On Aug. 14, 2012, the Defense Contract Audit Agency issued guidance that expands the DCAA’s plans for obtaining contractors’ internal audit reports and related working papers. The DCAA certainly has audit rights, but courts have made it clear that those rights are not unlimited. Under this latest guidance and changes to the Defense Contract Audit Manual, the DCAA is attempting to expand its access not only to a company’s internal audit reports but also to the work papers and analyses related to the reports.

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