PNWC's Government Contracting Update

Documenting the Accounting System | PNWC’s Government Contracting Update

in Blog by

When contract auditors perform a review of an accounting system, it is absolutely necessary for them to understand the system before they plan and perform the audit, They will ask you to demonstrate your accounting system in order to understand the internal control structure related to compliance with the 18 accounting system attributes listed in DFARS (DoD FAR Supplement) 252.242-7006, Accounting System Administration.

Source: PNWC’s Government Contracting Update: Documenting the Accounting System

Leave a Reply

Latest from Blog

Go to Top