TITLE

Widespread Problems with Audit Quality Require Significant Reform

PUB. DATE
September 2009
SOURCE
GAO Reports;9/23/2009, preceding p1
SOURCE TYPE
Government Documents
DOC. TYPE
Article
ABSTRACT
The article discusses the findings of a study performed by the U.S. Government Accountability Office (GAO) about the Defense Contract Audit Agency's (DCAA) overall management environment and quality assurance structure. The study found widespread audit quality problems at DCAA offices across the country, requiring significant reform. The study showed that these problems occurred at three locations in California, including the failure to meet professional auditing standards.
ACCESSION #
44537412

 

Related Articles

  • DCAA AUDITS: Allegations That Certain Audits at Three Locations Did Not Meet Professional Standards Were Substantiated.  // GAO Reports;7/23/2008, p1 

    The article cites a report from the U.S. Government Accountability Office (GAO) to several Congressional committees on Defense Contract Audit Agency (DCAA) audits. GAO has investigated the alleged failure of DCAA to comply with generally accepted government auditing standards (GAGAS)....

  • Widespread Problems with Audit Quality Require Significant Reform. Kutz, Gregory D. // GAO Reports;9/23/2009, preceding p1 

    The article discusses a study by the U.S. Government Accountability Office (GAO) which found widespread audit problems at Defense Contract Audit Agency (DCAA) offices, requiring significant reform. The study was made after GAO received a request to assess DCAA's management environment and audit...

  • Reforms to the DCCA: The Potential Effect on Contract Management. HORAN, JACK // Contract Management;Dec2009, Vol. 49 Issue 12, p92 

    The article discusses the impact of the reforms to the Defense Contract Audit Agency (DCAA) audit quality on contract management in the U.S. The Government Accountability Office (GAO) reported that DCAA was a failure and recommended changes in DCAA's goals and management. GAO aims to increase...

  • BE CONSISTENT.  // Aerospace Daily & Defense Report;11/18/2014, Vol. 250 Issue 32, p1 

    The article reports that according to the U.S. Government Accountability Office, the U.S. Defense Contract Audit Agency should be more consistent in overseeing and enforcing the internal audits by companies of their Pentagon contracts.

  • CONTRACT AUDITS: Role in Helping Ensure Effective Oversight and Reducing Improper Payments.  // GAO Reports;2/1/2011, preceding p1 

    The article discusses the contract audits conducted by U.S. Defense Contract Audit Agency (DCAA) for the U.S. Department of Defense (DOD). It states that most of DCAA audits emphasize cost-reimbursable and other nonfixed-price contracts. It mentions the problems found by the U.S. Government...

  • GAO: DoD audit oversight rife with problems.  // Accounting Today;11/2/2009, Vol. 23 Issue 17, p5 

    The article reports on the audit quality problems faced by the Defense Contract Audit Agency (DCAA) of the U.S. Department of Defense. According to congressional investigators from the Government Accountability Office (GAO), the problems faced by the agency include breaches of auditor...

  • What GAO Recommends.  // GAO Reports;11/3/2011, Preceding p1 

    In this article the Government Accountability Office (GAO) in the U.S. recommends the collaborative working between the Defense Contract Management Agency and the Defense Contract Audit Agency for the auditing of defense contractors' businesses.

  • Widespread DCAA Audit Problems Leave Billions of Taxpayer Dollars Vulnerable to Fraud, Waste, Abuse, and Mismanagement.  // GAO Reports;10/15/2009, preceding p1 

    The article focuses on a study by the U.S. Government Accountability Office (GAO) on the audit quality problems at the Defense Contract Audit Agency (DCAA) and challenges faced by the Department of Defense (DOD) on continuing contract management. The study also discusses the corrective actions...

  • DEFENSE CONTRACTING: DOD Initiative to Address Audit Backlog Shows Promise, but Additional Management Attention Needed to Close Aging Contracts. DiNapoli, Timothy J. // GAO Reports;12/18/2012, preceding p1 

    The article discusses a study in which the U.S. Department of Defense reviewed the U.S. Defense Contract Audit Agency (DCAA) policies for incurred cost audits as closing contracts within required time frames can limit the U.S. government's exposure to financial risks. It mentions that the U.S....

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics