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Policies, Procedures, Internal Controls

This section addresses Adequacy of Accounting, Bid Proposal, Management and related systems.

Keep aware of the 4 Key Regulations:

1.Generally Accepted Accounting Principles (GAAP)      

2.Truth In Negotiation Act (TINA)

3.Cost Accounting Standards (CAS) 

4.Federal Acquisition Regulation (FAR) - and Supplements

The DCAA (Defense Contract Audit Agency) and other government auditors, use all of the above in their oversight and regulation of government contract cost and pricing.

Articles of Interest

  Policy Manual Template
  Assigning Fringes as Direct or Indirect
  Incurred Cost Inquiry: Travel & Client Expenses - Are they B&P or G&A cost?
  DCAA Checklists You Should Never Be Without