DISCONTINUANCE OF DCAA PARTICIPATION IN INTEGRATED PRODUCT TEAMS
August 04, 2008
August 04, 2008
WASHINGTON, Aug. 4 -- The U.S. Department of Defense's Defense Contract Audit Agency issued the following audit guidance:
Effective immediately, DCAA will discontinue all participation in integrated product teams (IPTs) due to concerns that DCAA participation results in a noncompliance with Generally Accepted Government Auditing Standards (GAGAS). This includes in-process IPTs and any other teaming arrangements; such as, Alpha pricing, Omega pricing and one-pass pricing. DCAA . . .
Effective immediately, DCAA will discontinue all participation in integrated product teams (IPTs) due to concerns that DCAA participation results in a noncompliance with Generally Accepted Government Auditing Standards (GAGAS). This includes in-process IPTs and any other teaming arrangements; such as, Alpha pricing, Omega pricing and one-pass pricing. DCAA . . .