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 [...]
With the start of Fiscal Year 2018 on October 1st -- The FIAR (Financial Improvement and Audit Readiness) Initiative dictates that all mission critical military assets be audit ready from “floor to books” and “books to floor”. In other words, the FIAR Mandate is calling for complete accountability of all DoD assets and property [...]
The Financial Improvement and Audit Readiness (FIAR) initiative will reach a major milestone on September 30, 2017. The entire Defense community needs to understand that as we begin Fiscal Year 2018 on October 1st -- the FIAR Directive dictates that all accountable assets be audit ready. The US Congress is holding the DoD accountable to [...]
Big milestones are coming up in 2017 for the FIAR (Financial Improvement and Audit Readiness) Directorate, which will affect the way defense contractors do business. It is imperative that all contractors understand and follow the new Directorate, and also understand how Auto ID technology such as barcode and RFID, lies at the core of FIAR [...]
