DCAA Independence Requirements
Independence requirements prevent DCAA auditors from providing consulting and accounting advisory services to contractors. This means DCAA auditors are not able to provide guidance to contractors regarding how accounting systems should be set up, how costs should be treated, or how claims should be compiled. The DCAA auditor's primary role is to express an audit opinion. Contractors that are not familiar with the federal acquisition process should consult private companies that provide advisory services in this field, or view the resources of information available online.
Read more about this topic: Defense Contract Audit Agency
Famous quotes containing the word independence:
“In a famous Middletown study of Muncie, Indiana, in 1924, mothers were asked to rank the qualities they most desire in their children. At the top of the list were conformity and strict obedience. More than fifty years later, when the Middletown survey was replicated, mothers placed autonomy and independence first. The healthiest parenting probably promotes a balance of these qualities in children.”
—Richard Louv (20th century)