Category Archives: Cost Accounting

Report Details $2.3B in 2014 Health Fraud Recovery

A recent Law360 article noted that federal prosecutors in 2014 netted more than $2 billion from fraud investigations in healthcare and life sciences. Whistleblower suits are on the rise, and the government recovered $1.9 billion more in 2014 than in 2013 in False Claims Act, Stark Law, and Anti-Kickback Statute violations. Continue reading Report Details $2.3B in 2014 Health Fraud Recovery

Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards

On December 19, 2014, a number of U.S. national agencies and departments jointly published the interim final rules Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards: Federal Awarding Agency Regulatory Implementation. Continue reading Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards

Audit Alert on Evaluating the Adequacy of Cost Impact Proposals

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 ToolContinue reading Audit Alert on Evaluating the Adequacy of Cost Impact Proposals

Understanding the New OMB SuperCircular

On September 16, Mary Karen Wills and Ryan Byrd were instructors at a webinar concerning non-governmental organizations and federal awards. Continue reading Understanding the New OMB SuperCircular

Understanding the New OMB SuperCircular (Webinar)

On August 13, Mary Karen Wills and Ryan Byrd were instructors at a webinar concerning non-governmental organizations and federal awards. Continue reading Understanding the New OMB SuperCircular (Webinar)

Defense Federal Acquisition Regulation Supplement: Proposed Rule Change Adds New Requirements for Contractors’ Business Systems

On July 15, 2014, the Defense Procurement and Acquisition Policy (DPAP) issued DFARS Case 2012-D042, a proposed rule adding new requirements for applicable contractors to annually self-assess their estimating systems, accounting systems, and material management accounting systems (MMAS) in accordance with DFARS 252.215-7002, 252.242-7006, and 252.242-7004, respectively.

Continue reading Defense Federal Acquisition Regulation Supplement: Proposed Rule Change Adds New Requirements for Contractors’ Business Systems