Revisit the DCAA Contract Audit Manual (CAM) relative to internal controls. The CAM is the DCAA playbook and available free on the DCAA website.
- Now would be the ideal time to identify and confront any material organizational or operational weakness in your accounting system. If management is still skeptical, turn around and show them the target on your back in the form of DCAA guidance.
- Address any previous finding from auditors. Any subsequent auditor will likely review these, as well.
- Prepare for a more confrontational tone from auditors.
- Continue to maintain a good relationship with your ACO, CO and technical counterparts. (DAD)