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You are here: Home / Government Contracting News / DCAA reports $560B unaudited contract backlog

June 1, 2012 By AMK

DCAA reports $560B unaudited contract backlog

The Defense Contract Audit Agency released fewer audit reports last year than compared to 2008 in an effort to cut down a large backlog volume, Federal Times reports.

Incurred cost audits are contracts which government agencies have already paid for that have not yet been reviewed.

DCAA has an estimated backlog of incurred cost audits totaling around $560 billion, according to Federal Times.

Keep reading this article at: http://www.executivegov.com/2012/05/dcaa-reports-560b-unaudited-contract-backlog-elizabeth-robbins-comments/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+execgov+%28Executive+Gov%29.

Filed Under: Government Contracting News Tagged With: audit, DCAA

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