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 [...]
Announcing the new 2019 Guide to Audit Readiness. The 2019 Guide to Audit Readiness will teach you what you need know to be able to manage your government property and military shipments in order to stay compliant to your government contract obligations. Get your Free Copy Now In this Guide you will learn: What Audit Readiness [...]
(Portsmouth, RI) September 7, 2018 – A2B Tracking announces a new feature to automate submissions for PCARSS inventory schedules directly from our flagship asset management and military compliance software called UC! Web™. The addition of automated PCARSS transactions further establishes UC! Web as the best in class solution for tracking critical assets and managing the [...]
The National Property Management Association (NPMA) held its Annual NPMA NES Conference in Chicago last week. This year’s NPMA NES conference was a great success on many levels. The real value of this event is the fact that it is the National Education Seminar and brings together the entire property management community and NPMA members from [...]
The US Congress together with the current administration are holding the Department of Defense (DoD) accountable to achieve and sustain Full Audit Readiness of DoD property, plant, equipment, operating materiel and supplies starting FY2018. This audit readiness initiative is more than an investigation into accounting and record keeping. It’s a department-wide endeavor, which began in [...]
What do the DoD Instructions 8320.04 and the FIAR Mandate have in common? They both link to the responsibilities of accurately accounting for and reporting tangible personal property. Read on to understand the latest policy developments and how that will impact defense contractors who are required to report property. [...]
When DCMA audits your contract, one of their goals is to verify that all assets and shipments are properly registered with iRAPT. DCMA auditors will look specifically to ensure each IUID number is registered under the correct domain (i.e., acquisition, custody, legacy), and that this information is being submitted accurately to iRAPT [...]
For anyone involved with DCMA and contracting with the Department of Defense, one of the big concerns is compliance to federal regulations. The government is notorious for having strict guidelines that must be followed in order to continue to earn their business. In order to keep contractors in line with these regulations, the DoD [...]
No one enjoys the nail-biting experience of being audited by the Defense Contract Management Agency (DCMA). A DCMA auditor will go through all of your government contracts with a fine-toothed comb, looking for any deviations from the DCMA’s exacting requirements and IUID specifications, while you’re trying to make sure you followed all the right processes. [...]
