Activity Code 19411, Compliance Audit CAS 411, Version 5.7, dated November 2009

Master Document – Audit Program Activity Code 19411 Compliance Audit CAS 411 Version 5.7, dated November 2009 B-1 Planning Considerations Purpose and Scope 1. The purpose of CAS compliance auditing is to determine if the contractor's policies, procedures, and practices used to estimate, accumulate, and report costs on Government contracts and subcontracts comply with the requirements of CAS. CAS 411 establishes criteria for the accounting of the acquisition costs of material. The standard does not cover accounting for the acquisition costs of tangible capital assets nor accountability for Government furnished materials. FAR 52.230-2, Cost Accounting Standards, requires the contractor to comply with the CAS 411 criteria. 2. The scope of this audit should be limited to the last completed contractor fiscal year. For efficiency, CAS compliance testing, if possible, should be performed concurrently with tests for compliance with FAR and contract terms. 3. This program is intended to provide for the proper planning, performance, and reporting on the contractor's compliance with CAS 411. The audit steps in the program should reflect a documented understanding between the auditor, the technical specialist, and/or the supervisor as to the scope required to comply in an efficient and effective manner with generally accepted auditing standards and DCAA objectives. The program steps are intended as general guidance and should be tailored as ...