PNWC's Government Contracting Update

DCAA’s Financial Liaison Advisory Services

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DCAA (Defense Contract Audit Agency) employs a cadre of individuals that act as Financial Liaison Advisors (FLAs). These individuals are generally auditors with a significant amount of audit experience and are assigned to support DoD procurement and contract administration offices to assist them in achieving the objectives of sound contracting by providing onsite accounting and financial advice to contracting officers, negotiators, and buyers. While contract auditors are independent under GAGAS (Generally Accepted Government Auditing Standards), FLAs are not. They sit side by side with Government procurement and advocate on behalf of the Government. Perhaps you’ve met some when sitting at the negotiating table.

Source: PNWC’s Government Contracting Update: DCAA’s Financial Liaison Advisory Services

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