Defense Contractors today need to have systems in place to maintain compliance to their government contracts. Except for the smallest of contractors, managing and reporting government property requires an automated data exchange to WAWF and other key government systems. Property Managers need to leverage modern technology to streamline their reporting and integrate directly to WAWF, [...]
This article was published in the December 2018 issue of the NPMA Property Professional magazine. To download the full article see p27, click here. Data Accuracy is Crucial to Audit Readiness By Peter Collins Audit Readiness is a major initiative in 2018 for the Defense Department and this is putting increased importance on financial, property and [...]
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 [...]
Recently, as part of the A2B Tracking’s Webinar Series, Sharrieff Christmas and I, Dan Faria, discussed Reporting Assets to the IUID Registry and how it can impact a government audit. For this post I want to talk about how to be fully prepared for a government property audit. The Department of Defense (DoD) is being [...]
Sharrieff Christmas and I recently held a webinar where we discussed Reporting Assets to the IUID Registry. All too often, people make the mistake of thinking that all they need to do is get an IUID label on their asset and they will be in compliance with MIL-STD-130. Printing and applying the IUID label is [...]
As part of the A2B Tracking Webinar Series, Sharrieff Christmas and I recently held a session where we discussed Reporting Assets to the IUID Registry. For the purpose of this post I would like to talk about the specific data required for IUID asset reporting. All qualifying Department of Defense (DoD) assets - regardless [...]
The IUID Registry is the Department of Defense’s master repository for all IUID data, allowing the government to manage and track end items, legacy items, updates and rebuilds, and other property. The IUID Registry allows the government to establish a system of record to track and trace all assets, to create an audit trail [...]
If you’re working with the DoD or you’re a branch of the services, you already know there are strict guidelines to asset identification, shipments and reporting to iRAPT and IUID Registry. Military IUID compliance needs to be a primary concern in order to keep your contract and get paid. Audit Readiness The US Congress is [...]
Do you understand how to properly report to the IUID Registry? This 1.5-minute video dives into the IUID Registry reporting obligations and how important it is for compliance to the Financial Improvement and Audit Readiness (FIAR) mandate. […]
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 [...]
