Last week, the Pentagon released their annual department-wide Audit results for FY2023. For the sixth year in a row, the Defense Department was unable to achieve a clean audit opinion. Meaning that more than half of their assets did not meet auditing standards and the DoD did not pass the audit. 2023 DEFENSE AUDIT RESULTS [...]
A2B Tracking is proud to be a featured sponsor again this year for the 2023 NPMA NES Conference. The National Property Management Association (NPMA) will host their annual conference in Orlando, Florida from 7/31 - 8/3. The event is NPMA’s premier conference for property professionals and government property managers from across the country. The NPMA [...]
In 2017, we wrote the original DCMA Survival Guide to provide the GovCon community support in navigating the challenging DCMA Audit landscape. Government contractors need to stay compliant and up to date with the detailed requirements and obligations of their contracts. Specifically, all employees need to have a thorough understanding of their contract obligations as well [...]
Annual full financial statement Audits have become the new normal for the Defense Industry. 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 all their government property, as well as [...]
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 [...]
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 [...]
IUID Compliance Webinar on Thursday, March 5th at 2pm EST The Defense Department created the IUID Policy to establish standards for marking and labeling all military equipment. One of the key goals was to make sure that every single item in the Department of Defense had a unique ID# that was permanently attached to [...]
The Defense Department continues it’s annual full financial Audit into fiscal year 2020. Last month, the DoD announced the 2019 Defense Audit results. For the second year in a row, the DoD officially failed the 2019 Audit; but, the Pentagon quickly reassured everyone that a clean opinion was not expected due to the size and scope [...]
Modern Government Property Managers are now working in a world where audits are the new normal. It’s no longer a question of if the audits will happen but when. In this post, I would like to take a closer look at why, I think, Audit Readiness is important for Government Property Managers. Last month, [...]
The current administration and the US Congress are holding the Department of Defense (DoD) accountable to achieve and sustain full audit readiness of Government property, plant, equipment, operating materiel and supplies. Watch this on-demand webinar: 2019 Audit Readiness to learn how Financial Improvement and Audit Readiness (FIAR) will impact the entire Government Property Management community [...]
