Daily News

DCAA reduced backlog in FY-17, says on track to eliminate it by Oct. 1

June 12, 2018 at 1:20 PM
The Defense Contract Audit Agency in its annual report states it has reduced the backlog of incurred cost audits to an average age of 14 months and is set to clear the backlog this fiscal year. The report, dated March 31 , states DCAA examined nearly $281 billion in defense contractor costs in fiscal year 2017. Additionally, the agency put in place an organizational realignment meant to streamline operations. The "new structure has four Corporate Audit Directorates focused on seven...

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