DCAA to Undergo Another Peer Review | PNWC’s Government Contracting Update

The Department of Defense Office of Inspector General recently announced that it is initiating a new peer review on the quality and adequacy of DCAA (Defense Contract Audit Agency’s) audit work. The last quality control report was issued back in August 2014 and covered DCAA’s system of quality controls in effect as of June 30, 2013. Federal audit organizations can receive a rating of pass, pass with deficiencies, or fail. DCAA received a rating of “pass with deficiencies”. The deficiencies related to lack of sufficient documentation where the peer review team could not discern the judgment and conclusions drawn by DCAA auditors. Additionally there were instances where the documentation did not support information in the audit report.

Source: PNWC’s Government Contracting Update: DCAA to Undergo Another Peer Review