Defense Audit forges ahead during COVID-19

This article was written by Thomas Brading and published on the US Army website. To read the full contents of the article click here. WASHINGTON -- Despite challenges brought on by the COVID-19 pandemic, the Army’s third annual audit is underway and on track to wrap up this fall, says a top Army comptroller, as [...]

By |2020-05-04T12:09:12-04:00May 1st, 2020|Uncategorized|Comments Off on Defense Audit forges ahead during COVID-19

Government Property Audit Webinar

A2B Tracking Webinar Series presents:Government Property Audits in 2020Thursday, May 7th  at 2:00pm ET Annual Defense Audits are the new normal. But in 2020, there is an increased focus on the accountability of government property in the possession of contractors. This increased emphasis is putting pressure on Defense Contractors to maintain existence and completeness of [...]

By |2020-04-16T20:24:25-04:00April 16th, 2020|Blog, Uncategorized|Comments Off on Government Property Audit Webinar

2019 Guide to Audit Readiness

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 [...]

By |2019-02-28T15:15:50-04:00February 28th, 2019|Blog|Comments Off on 2019 Guide to Audit Readiness

Embracing the Results of the First Ever Defense Audit

The US Department of Defense (DoD) has completed its first-ever Department-wide, full financial statement audit covering $2.7 Trillion in assets for fiscal year 2018. The audit included all mission critical assets within the US military, including items such as buildings, equipment, vehicles, planes, ships, computers and more. This full financial statement audit was carried out [...]

By |2018-11-19T21:32:53-04:00November 20th, 2018|Blog|Comments Off on Embracing the Results of the First Ever Defense Audit

Top 5 Takeaways from 2018 NPMA NES Conference

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 [...]

By |2018-08-15T16:12:25-04:00August 15th, 2018|Blog|Comments Off on Top 5 Takeaways from 2018 NPMA NES Conference

How the IUID Obligation Relates to Audit Readiness

Defense Contractors that manage government property to FAR 52.245-1 obligations or supply assets to the US Military are obligated to comply with the Defense Departments’ IUID Policy. The IUID Policy is a series of regulations set out to define the Marking Requirements for government property and assets. For this blogpost I would like to address [...]

By |2018-07-17T20:56:42-04:00July 17th, 2018|Blog, Uncategorized|Comments Off on How the IUID Obligation Relates to Audit Readiness

Preparing for DoD’s Largest Audit Ever Performed

2018 marks the 1st annual department-wide Audit in the history of the Defense Department. Estimates suggest that the DoD is investing approximately $350 Million to perform this audit. Comptroller, Norquist stated that by Spring of 2018, “We will have over 1,200 auditors inspecting the Department of Defense from book to floor and floor to book.” Ensuring [...]

By |2018-06-05T16:59:45-04:00June 5th, 2018|Blog|Comments Off on Preparing for DoD’s Largest Audit Ever Performed

Sustainable Audit Readiness

There is a lot of discussion around Sustainable Audit Readiness in the Defense Industry right now. And for good reason, Congress has passed the FIAR Initiative which is mandating accountability and currently requiring the DoD to conduct its first annual agency-wide audit. FIAR stands for Financial Improvement and Audit Readiness and the US Department of [...]

By |2018-05-25T15:58:03-04:00May 25th, 2018|Blog|Comments Off on Sustainable Audit Readiness

How to Prepare for the FIAR Directorate

Most of the Defense Industry is aware that the US Congress has mandated in the FIAR Directorate, that all DoD property be fully accountable by the end of Fiscal Year 2017.  Which means that if you are planning to do business with the DoD in Fiscal Year 2018 — your organization needs to be prepared [...]

By |2017-07-06T19:24:51-04:00July 5th, 2017|Blog|Comments Off on How to Prepare for the FIAR Directorate

Tracking Military IT Assets

The US Congress mandates that the Department of Defense keeps track of and is accountable for all of their property down to the individual unique asset level. The DoD is arguably the largest organization in the world with estimates of 130 million individual assets in their custody. Keeping track of an inventory of this [...]

By |2017-06-07T20:07:50-04:00June 6th, 2017|Blog|Comments Off on Tracking Military IT Assets
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