What Is DCAA Compliance?

DCAA compliance involves conducting and documenting your business management processes in accordance with the Defense Contract Audit Agency’s (DCAA’s) recommendations and guidelines. When you adhere to DCAA requirements, you can align your business with federal laws and ensure your peace of mind.

Why Is DCAA Compliance Important?

DCAA compliance is critical — even for small businesses. The DCAA conducts audits and offers advisory services to federal agencies, such as the Department of Defense, to ensure government contractors of all sizes manage contracts and spend money appropriately. The Federal Acquisition Regulation (FAR) is one of their primary guides for performing audits, as it outlines a set of consistent and uniform policies and procedures for the federal acquisition process.

Becoming DCAA compliant can bring benefits such as:

  • Saved resources: When you spend the time and money to ensure your DCAA compliance now, you can save more time and money in the future as you grow.
  • Improved preparedness: Preemptively becoming DCAA compliant can save you the headache of dealing with an audit, since you’ll know everything is in order.
  • Increased opportunities: Large integrators and other teaming partners are more likely to work with your small business if you are DCAA compliant.

Types of DCAA Audits

The DCAA conducts a variety of audits, including:

  • Pre-awarded surveys, such as SF1408
  • Price proposal
  • Forward pricing
  • Incurred cost
  • Business system
  • Floor check
  • Other audits at the request of the contracting officer

How BOOST LLC Can Help

DCAA compliance can be easy to manage with a DCAA compliance expert on your side. BOOST specializes in everything GovCon, so we know the ins and outs of your industry’s unique accounting requirements. We’ll evaluate your current systems to discover your DCAA compliance level, then offer recommendations and support to help you improve.

Partner with BOOST to experience advantages such as:

  • Cost-effective solutions: Recruiting and maintaining an in-house accounting team with the right experience and expertise can be challenging. When you let our seasoned professionals handle your DCAA compliance needs, you can redirect the time and money you would have spent on an in-house team to other critical components of your business.
  • Expert support: The accounting professionals at BOOST have extensive experience working specifically with GovCons. You can depend on our team to offer the experienced insights and support you need to maintain DCAA compliance as you grow your operations.
  • Informed insights: The BOOST team consistently follows the latest technological innovations to help you keep up with ever-evolving government regulations. We strive to stay at the top of our game so that we can empower you to stay at the top of yours.

Let BOOST Help With Your DCAA Compliance Concerns

Our professional team is passionate about DCAA compliance — it’s one of our favorite accounting projects to work on. You can trust us to be entirely dedicated to your success and provide the strategic advice you need to maintain compliance with DCAA requirements as you operate and expand. Contact us today to learn how we can help get your GovCon DCAA compliant.

Contact BOOST’s Managed Accounting Services Team

Reach out today to find out how BOOST can assist you.

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