cp-23: back to the future! what to expect from dcaa's new ...€¦ · back to the future! what...
TRANSCRIPT
![Page 1: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/1.jpg)
CP-23:Back to the Future!What to Expect from DCAA's New Accounting System Audits
Joseph McCaffrey, Partner, Baker TillyVincent Perez, Principal, Booz Allen Hamilton
![Page 2: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/2.jpg)
![Page 3: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/3.jpg)
![Page 4: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/4.jpg)
![Page 5: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/5.jpg)
![Page 6: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/6.jpg)
![Page 7: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/7.jpg)
gather,
record, classify, analyze, summarize, interpret, and present accurate
and timely financial data
indirect and other direct costs,
compensation, billing, labor, and general information technology
o
o
o
o
![Page 8: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/8.jpg)
o
o
o
![Page 9: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/9.jpg)
![Page 10: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/10.jpg)
Pre-award accounting system audit (SF1408)
Post award audit is an examination of the accounting system after contract award to test operational compliance.
Looks beyond “design”
o DFARS.
![Page 11: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/11.jpg)
Chapter 5-500 - Audit of Estimating System Internal Controls
o
Stated Purpose:
Reality:
![Page 12: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/12.jpg)
o
o
o
o
![Page 13: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/13.jpg)
Effective Date: April 24, 2012
![Page 14: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/14.jpg)
o
o
o
o
o
o
o
o
o
o
o
![Page 15: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/15.jpg)
•
•
•
•
•
•
•
•
•
•
•
•
•
•
![Page 16: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/16.jpg)
o
o
o
o
o
o
o
o
o
![Page 17: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/17.jpg)
o
o
o
o
o
o
o
o
o
o
o
o
o
•
•
![Page 18: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/18.jpg)
actual
Don’t
![Page 19: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/19.jpg)
![Page 20: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/20.jpg)
o
o
o
o
o
o
o
o
![Page 21: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/21.jpg)
![Page 22: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/22.jpg)
•
• DFARS
•
FAR
•
![Page 23: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/23.jpg)
![Page 24: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/24.jpg)
![Page 25: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/25.jpg)
![Page 26: CP-23: Back to the Future! What to Expect from DCAA's New ...€¦ · Back to the Future! What to Expect from DCAA's New Accounting System Audits Joseph McCaffrey, Partner, Baker](https://reader035.vdocument.in/reader035/viewer/2022062920/5f0213247e708231d4027255/html5/thumbnails/26.jpg)