Were you aware that winning and performing a federal government contact was only part of being a successful government contractor?  Many federal contract awards are contingent upon the determination of whether a contractor's accounting system meets the established requirements, follows specific written accounting policies, and maintains an accounting system that can perform specific cost, timekeeping, and billing functions.  Agencies conduct unique "financial health" audits prior to awarding some contracts.  Be proactive and be prepared!

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This presentation will provide an overview of the Defense Contract Audit Agency (DCAA) including its responsibilities and duties,  the types of DCAA audits performed throughout various contract phases, and the DCAA Internet resources and presentations that are available.

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Along with a DCAA Overview, the following topics will also be presented:

This presentation will provide an overview of the fundamental concepts related to indirect cost allocation. The presentation will discuss the differences between overhead and G&A pools, the pool & base relationship, and an understanding allocation base mythologies. The presentation will also cover some examples of allocation bases, expense pools and learn the
importance of the causal/beneficial relationship between the pool and base.