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Mar 03

DCAA Timekeeping Requirements

Posted by: Ben Robbins Ben Robbins
Tagged in: Time and Attendance , Payroll , Fraud , Employees , DCAA

The Defense Contracting Auditing Agency, or DCAA, is known for its insistence on following the rules. When it comes to a DCAA timesheet, there is certainly no exception. The level of importance associated with DCAA time keeping requirements can't be overstated. The overall goal is quite straightforward, eliminate fraud and waste the to greatest extent possible.

It requires vigilance by management and an effective timekeeping system in to satisfy the DCAA requirements. The reason that employee work hours get so much scrutiny is that there is frequently no reliable paper trail available. In contrast, if a product or service is purchased from an outside organization, there are receipts and documents that can demonstrate the fact that the transaction took place. The same is true of many other types of transactions. When it comes to employee work hours, dependable documentation is just as important.

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