DCAA RESPONSIBILITIES Clause Samples

DCAA RESPONSIBILITIES a. The criteria in the DCAA Contract Audit Manual (DCAAM 7640. 1) will be used to determine the following: (1) The locations where contract audit coverage will be maintained by DCAA. (2) Audit cognizance. (3) Compliance with Generally Accepted Government Auditing Standards (GAGAS). DCAA will conform to GAGAS in determining the scope of audit, including the manner and the level of effort necessary to provide complete audit coverage at a contractor location. Under ▇▇▇▇▇ the approach to contract auditing is to audit contractor systems and pursue corrective action as necessary to provide a basis for maximum reliance and to minimize the extent of contract testing necessary. Therefore, it must be understood that contract audits include DCAA evaluations of internal controls and examinations of contractor accounting and financial management systems. b. At contractor locations where DCAA has audit cognizance, DCAA will respond to specific requests from the customer or their designee for contract audit coverage as follows: