DCAA Compliance and Accounting Basics for Contractors
What DCAA Does and Why It Matters The Defense Contract Audit Agency — DCAA — is DoD’s contract-audit organization. DCAA audits cost-reimbursement, time-and-materials, and other flexible-price contracts to determine whether the government paid what it should have. For small contractors accustomed to firm-fixed-price commercial work, DCAA compliance is a new discipline: the government wants to…