Peter Collins, A2B Tracking's founder and CEO, will be a featured speaker at the 2019 NPMA NES Conference. The National Property Management Association (NPMA) will host their annual conference on August 19 – Aug 22, 2019 in Washington, DC. The event is NPMA’s premier educational seminar for property professionals and government property managers from across [...]
2018 marked the first-ever full financial statement audit of the Department of Defense. This was a massive audit that covered more than $2.7 Trillion in US Military assets. The audit was carried out by more than 1,200 auditors in more than 900 site visits across the entire DoD. More audits on the way. If last [...]
The US Congress is holding the Defense Department accountable to perform a full financial department-wide Defense Audit each and every year. This Financial Improvement and Audit Readiness (or FIAR) Initiative has been in the works for more than ten years in a quest to improve accountability. After years of working towards this audit readiness objective [...]
Recently, as part of the A2B Tracking's Webinar Series, I presented an online session to discuss the latest developments in the FIAR Initiative and specifically How to prepare for the 2019 Defense Audit. The Financial Improvement and Audit Readiness (FIAR) Initiative began in FY2013 with the goal of improving the DoD’s financial management operations. The DoD [...]
This article "Data Accuracy is Crucial to Audit Readiness" was written by A2B Tracking’s President and CEO, Peter Collins. It was published in the NPMA Newsflash last month. To download the full article -- click here. By Peter Collins Audit Readiness is a major initiative in 2018 for the Defense Department and this is putting increased [...]
The US Congress mandates that the Department of Defense keeps track of and is accountable for all of their property down to the individual unique asset level. The DoD is arguably the largest organization in the world with estimates of 130 million individual assets in their custody. Keeping track of an inventory of this [...]
The Defense Contract Management Agency (DCMA) is an agency under the U.S. Department of Defense that works directly with defense contractors to ensure government supplies and services are delivered on time, come in at projected costs, and meet all performance requirements. The role of DCMA is to protect the government and ensure that the expected [...]
The prospect of getting audited by the federal Defense Contract Management Agency (DCMA) can feel daunting and nerve-racking. For your organization to be deemed compliant with DCMA’s exacting requirements and specifications for government contracts, all employees should have a thorough understanding of your property management and shipment requirements, Item Unique Identification (IUID) methods and [...]
