DCAA Compliance

Defense Contract Audit Agency (DCAA) accounting system audit

The Federal Acquisition Regulation (FAR) requires that government contractors be able to withstand an audit of their accounting system—to ensure it can manage cost contracts, their cost proposals—to back up prices, and their incurred costs—to show that they are reasonable, allowable, and allocable, in accordance with FAR.

With built-in accounting tools, contracts management, process control, facilities and personnel management, document storage, and much more, Corp_Pro℠ is the most comprehensive DCAA compliant platform on the market. *

Corp_Pro℠ offers the critical tools below that support all aspects of DCAA compliance:

DCAA compliance - FAR compliance

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Document Storage

  • Corp_Pro℠ stores documents online to facilitate location, retrieval, and audit.

Process Control

  • Corp_Pro℠ provides management controls to enforce responsibilities and ensure data integrity.

Accounting

  • Corp_Pro℠ performs job cost accrual accounting in accordance with GAAP and CAS.

Reports

  • Corp_Pro℠ generates reports in the format and content specified by the DCAA.

 

*The DCAA does not endorse or approve accounting software. Corp_ProSM is built around Federal Acquisition Regulation (FAR) rules to meet the Defense Contract Audit Agency’s (DCAA’s) accounting requirements for government contractors. Government contractors using Corp_ProSM have consistently and efficiently passed DCAA audits for more than 10 years.