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Contract Management, Cost Accounting, DCAA / DCMA, Regulatory Updates

Audit Alert on Evaluating the Adequacy of Cost Impact Proposals

November 24, 2014 brgexpert

On September 19, 2014, the Defense Contract Audit Agency (DCAA) issued a memorandum for regional directors, “Audit Alert on Evaluating the Adequacy of Cost Impact Proposals,” referencing a DCAA Cost Impact Adequacy Tool.  The tool lists adequacy criteria, and the regulatory basis, to consider during DCAA’s cost impact proposal assessment. The tool addresses both General Dollar Magnitude (GDM) and Detailed Cost Impact (DCI) proposals.

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auditCASCost Accounting StandardsCost Impact Adequacy Toolcost impact proposalDCAADCIDefense Contract Audit AgencyDepartment of Defensedetailed cost impactGDMgeneral dollar magnitudeMRD

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