Insights
Event
ACI National Forum on DCAA Audits
Arlington, Virginia
November 12-13, 2012
Mary Karen Wills spoke at a panel discussion at the American Conference Institute’s Fourth National Forum on DCAA Audits. The presentation “Avoiding the Most Critical CAS Errors Triggering Non-Compliance Reports: The Heavy Price of Pension Harmonization, CAS 403, 405 and Other Mistakes” examined the following topics:
- Harmonization of CAS with the Pension Protection Act, and how new pension standards are being implemented
- What has triggered the rise in CAS noncompliance reports: Key compliance pitfalls to avoid for CAS 403, 405, and 408
- Putting together a CAS Pension REA: What the legislation requires, and when CAS REA preparation costs are allowable or not
- How DCAA is addressing cost impacts, disclosure statements, and cost impact statements
- Achieving adequate ratings for your home office cost allocations under CAS 403: Homogeneous pools and allocation methods