🇮🇳India

DCAA ऑडिट तैयारी लागत अधिभार

2 verified sources

Definition

DCAA audits require meticulous pre-audit preparation including compliant accounting systems, staff training, and documentation, leading to high manual effort costs. System deficiencies result in payment withholdings.

Key Findings

  • Financial Impact: ₹5-10 लाख/year in preparation labor (40-80 hours/month at ₹1000/hour); up to 10-20% payment withholding on contracts[1][2]
  • Frequency: Annual or per contract award
  • Root Cause: Manual record-keeping, inadequate internal controls, complex regulatory compliance (FAR, DFARS, CAS)

Why This Matters

The Pitch: Defense and Space Manufacturing players in India 🇮🇳 waste ₹5-10 लाख annually on DCAA Audit Preparation and Response. Automation of cost allocation and timekeeping eliminates this risk.

Affected Stakeholders

CFO, Finance Manager, Compliance Officer

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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