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GovCon Compliance

Pre-Audit Readiness Checklist for GovCons: What to Have Ready Before DCAA Knocks

March 11, 2026 by Vik Singh

DCAA pre-audit readiness checklist for government contractors including SF 1408 accounting system adequacy and timekeeping controls.

GovCon Wednesdays Estimated Read Time: 5 minutes A DCAA audit is rarely “surprising” once you know the triggers but the scramble usually happens because contractors don’t have a repeatable readiness package. The fastest way to reduce disruption is to prepare a checklist you can revisit monthly (not the week you get the email). This pre-audit readiness checklist is designed for government contractors who want to be audit-ready for common DCAA… Read More

Filed Under: DCAA Audit Readiness Tagged With: Audit Checklist, Audit Preparation, DCAA Audit, GovCon Compliance, Government Contracting, ICS Readiness, Indirect Rates, SF 1408, Timekeeping Compliance, VSINGH CPA

What Triggers a DCAA Audit? The 8 Most Common Triggers GovCons Should Watch For

March 4, 2026 by Vik Singh

Identifying common DCAA audit triggers including SF 1408 pre-award surveys, FAR 52.216-7 requirements, and timekeeping floor checks for government contractors.

GovCon Wednesdays Estimated Read Time: 5 minutes DCAA audits usually don’t happen “out of nowhere.” In most cases, an audit is triggered because the Government needs independent audit support to make a contract decision (award, rates, billing, or closeout), or because your contract type and clauses require specific compliance steps. This post breaks down the most common DCAA audit triggers and what government contractors can do to stay audit-ready without overbuilding processes. Why… Read More

Filed Under: DCAA Audit Readiness Tagged With: Audit Readiness, Audit Triggers, DCAA Audit, FAR 52.216-7, GovCon Compliance, Government Contracting, Incurred Cost Submission, Indirect Rates, SF 1408, Timekeeping Compliance

ICS Essentials #7: Key FAR Clauses You Must Know for ICS Compliance

February 18, 2026 by Vik Singh

Key Federal Acquisition Regulation (FAR) clauses for ICS compliance including FAR 52.216-7, FAR 31.2 cost principles, and T&M payment rules.

GovCon Wednesdays Estimated Read Time: 5 minutes Every Incurred Cost Submission is built on a foundation of key Federal Acquisition Regulation (FAR) clauses. These clauses define what costs are allowable, how they must be documented, and which contracts require ICS filing. Understanding these FAR requirements is essential for preparing a compliant ICS and avoiding questioned or disallowed costs. This article outlines the clauses highlighted in your ICS slide deck. Core… Read More

Filed Under: ICS Tagged With: Contract Compliance, DCAA Audit, FAR 15.403-4, FAR 31 Cost Principles, FAR 52.216-7, FAR Clauses, GovCon Compliance, Government Contracting, Incurred Cost Submission, VSINGH CPA

ICS Essentials #6: Who Reviews ICS? DCAA, Agency Auditors & GAO Oversight

February 11, 2026 by Vik Singh

Federal audit oversight of Incurred Cost Submissions (ICS) by DCAA and GAO following GAGAS Yellow Book standards.

GovCon Wednesdays Estimated Read Time: 5 minutes Once your Incurred Cost Submission (ICS) is submitted, it undergoes review by federal audit organizations responsible for ensuring taxpayer dollars are used appropriately. Depending on the agency you support, your ICS may be audited by DCAA, an Inspector General office, or another federal audit branch. This installment explains who reviews ICS packages and the standards they must follow. Core Concept: Who Reviews ICS?… Read More

Filed Under: ICS Tagged With: Audit Readiness, Contractor Oversight, DCAA Audit, FAR Part 31, Federal Compliance, GAGAS, GAO, GovCon Compliance, Government Audits, Incurred Cost Submission

Are You Audit-Ready? Supporting Your PBR with Documentation

November 5, 2025 by Vik Singh

DCAA audit-ready documentation for Provisional Billing Rate (PBR) support including general ledger reports and FAR 42.704 compliance records.

GovCon Wednesday’s Best Practices for Meeting DCAA ExpectationsEstimated Read Time: 8 minutes Submitting your Provisional Billing Rate (PBR) is a big milestone for any government contractor. But what happens after you hit “submit”? For many GovCons, the real challenge begins when auditors request support long after the initial PBR has been sent. The Defense Contract Audit Agency (DCAA) doesn’t just want to see your numbers. They want to see the… Read More

Filed Under: PBR Tagged With: Accounting Systems, Audit Readiness, Audit Support, DCAA Audit, FAR 42.704, GovCon Compliance, Government Contracting, Indirect Rates, PBR Documentation, Provisional Billing Rates

What Happens After You Submit Your Provisional Billing Rate (PBR)?

October 1, 2025 by Vik Singh

DCAA audit review process for Provisional Billing Rate (PBR) submissions showing evaluation of indirect rate reasonableness under FAR 42.704.

GovCon Wednesday’s Understanding the DCAA Review ProcessEstimated Read Time: 8 minutes Submitting your Provisional Billing Rate (PBR) is a major milestone but it’s not the finish line. Many government contractors assume the hard part is over once the proposal is submitted. In reality, the post-submission phase can determine whether your rate is approved quickly, delayed for weeks, or adjusted in a way that affects your margins. This article Part 5… Read More

Filed Under: PBR Tagged With: Audit Readiness, Billing Rate Proposal, DCAA Audit, DCAA Review Process, FAR 42.704, GovCon Compliance, Government Contracting, Indirect Rates, PBR Approval, Provisional Billing Rates

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