How to Record DCMA Functional Audit Costs
Records internal costs and external support fees incurred during a DCMA Contractor Purchasing System Review (CPSR).
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| G&A Expense - Audit Support | Expense | 12,500.00 | - |
| Accounts Payable - Consultant Fees | Liability | - | 12,500.00 |
💡 Accountant's Note
Expenses for preparing documentation and hosting DCMA auditors for functional system reviews are allowable and recorded in the G&A pool.
Practitioner & Systems Framework
💻 ERP Architecture
Utilize a temporary project code for the CPSR event to track all associated support costs for allowability testing.
⚠️ Audit Flags
High professional service fees immediately preceding a system review notification.
📄 Required Documentation
Engagement letter for consultants and internal labor distribution reports for the audit period.
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Discussion & Community Questions
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