Join Us for the "Accounting System Audits for Government Contractors" Free Training Webinar on July 17, 2019

o v e r v i e w

DCAA is ramping up the audit of government contractor accounting system audits and contractors should beware.  DFARS has 18 criteria that a contractor must comply with to have an acceptable accounting system.   Although these requirements are contractually required for large contractors, we have found that DCAA is using these same criteria to assess small business accounting systems as well. This webinar will describe the requirements for compliance with DFARS 252.242-7006.  We will discuss the consequences of noncompliance as well as DCAA’s current audit approach for these audits.

l e a r n i n g  o b j e c t i v e s

After viewing this webinar, participants will be able to:

  • Identify the requirements to be covered by DFARS 252-242.7006.
  • Identify the repercussions of not having an accounting system be declared adequate after the audit.
  • Recognize the criteria under DFARS 252-242.7006.
  • Understand the importance of developing system documentation before the audit is initiated.

p r o g r a m  c o n t e n t

This webinar will cover the following topics:

  • Determining DFARS 252-242.7006 Applicability
  • Describe the importance of compliance
  • Discuss DFARS criteria for an adequate accounting system
  • Discuss recent audit experience with DFARS accounting system audits

For more information, contact:

Lori Beth Moses, 
lmoses@RedstoneGCI.com
256-704-9811

Redstone Government Consulting, Inc.
4240 Balmoral Drive SW, Suite 400
Huntsville, AL  35801
Website: www.redstonegci.com