An A-133 audit, now known as a "Single audit" is required in any fiscal year that an organization - including States, local governments, tribes, universities, and non-profit organizations - expend $750,000 or more of grant money that has originated from federal funding sources.
While a grant does not include a profit...
The Defense Contract Audit Agency (DCAA) provides audit and financial advisory services to Department of Defense (DoD) and other federal entities responsible for acquisition and contract administration. DCAA operates under the authority, direction, and control of the Under Secretary of Defense (Comptroller)/Chief Financial...
FAR 2.101defines a Preaward Survey as “an evaluation of a prospective contractor’s capability to perform a proposed contract.” The purpose of a Preaward Survey is to obtain information not available to the contracting officer to make a responsibility determination prior to contract award. While there are several types of...
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