eBook:

Passing a DCAA Audit Using QuickBooks: Accounting Compliance for Government Contractors

Follow this guide to help your company stay compliant—and competitive.

To comply with the regulations regarding proper financial management, government contractors must satisfy the DCAA (Defense Contract Audit Agency), an agency responsible for performing audits for the Department of Defense (DoD).

DCAA compliance is complex and time-consuming. Most government contractors can agree on this. But what not every company knows is that even small errors in your accounting system can lead to failed audits, missed opportunities and costly fines.

There is help available—we’ve curated knowledge from our experts on the finer points of compliance. This guide reveals how to assess your current accounting system and how to configure QuickBooks effectively to navigate a DCAA pre-award survey. With our insight, you can breathe a little easier and refocus your attention on winning more bids and growing your business.

With a solid plan, your company can be confident that your QuickBooks data is configured to achieve compliance. Examine this guide to learn the crucial points that could impact an audit, including:

• Understanding the elements of a SF 1408 pre-award survey
• Distinguishing between direct and indirect costs
• Determining indirect rate structures and calculations
• Calculating revenue recognition and unbilled receivables
• Setting up QuickBooks for optimal configuration

Ensure your accounting system will stand up to a DCAA audit—download this guide today and let us help you simplify the process.