Hot Topics in DCAA

Recently, DCAA reminded its auditors that access to contractor employees is a “routine and established audit procedure” which is necessary to comply with GAGAS (Generally Accepted Auditing Standards).  While the initial focus of the guidance to auditors relates to the well-known “floor check” procedure, it also opines that DCAA’s position is that contractors are required to allow access to any employee during any audit who might be a SME (Subject Matter Expert) on contractor processes and procedures, or data provided to the auditor.  DCAA is now focused on this matter because of past criticism by agencies having oversight of its performance.  The Agency’s objective is to ensure auditors have met the GAGAS requirement to “…obtain sufficient evidence to provide a reasonable basis for the conclusion … Continue reading