Accounting System Requirements Pre-Awards

Accounting System Requirements Pre-Awards

The presentation will provide an overview of the regulatory criteria for establishing an adequate accounting system.

Presentation Slides
Accounting System Requirements

FAQs

How do I get a DCAA approved government accounting system?
You cannot. There is no such thing as a DCAA approved government accounting system.
How do I request a DCAA audit of my accounting system?
Contractors cannot request the audit. DCAA does not perform audits requested by a contractor. DCAA only performs these audits based on a request from a federal entity who is responsible for determining the acceptability of a contractor’s system.
Is Quickbooks an acceptable accounting system for federal contracting?
An accounting system is more than just a software package. It includes accounting methods, procedures, and controls. Many accounting software applications can be part of an acceptable accounting system or set up in a manner that fails to meet the requirements of an acceptable system.

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