Posts by Jennifer Eubanks
Key DCAA Terms to Understand for Contractors
The Defense Contract Audit Agency (DCAA), part of the United States Department of Defense (DoD), performs audits of DoD contractors to ensure the best value for money the agency spends on defense contracting. As part of its auditing services, DCAA will review a contractor’s accounting and business systems to ensure the contractor is able to…
Read MoreWhat Happens During a Pre-Award Survey With DCAA?
If you’re a contractor who has submitted a proposal to work with the Department of Defense (DoD), you will have an audit done by the Defense Contract Audit Agency (DCAA) before the contract is awarded. A Pre-Award Audit typically includes the audit of the pricing in the proposal the contractor submitted as well as a…
Read MoreHow to Prepare for DCAA Pre-Award Survey
If you are new to government contracting, prior to being awarded a flexibly priced contract, your contracting officer will request that DCAA perform a Pre-Award Survey to ensure your accounting system is adequate to account for government contracts. As you’re bidding on contracts, you’ll frequently be asked to provide a copy of an audit by…
Read MoreHow Work From Home Might Affect This Year’s Tax Returns
Back in March of 2020, our world suddenly shifted, and so did our place of work. Most of us found ourselves creating spur-of-the-moment home offices, navigating how to perform our jobs virtually while possibly also homeschooling our children, and putting systems into place to run a business from a remote setting. Now, as we head…
Read More