New DOD Rule Could Ease Pressure On Contractor Audits

By Dietrich Knauth ( July 15, 2014, 8:32 PM EDT) -- Contractors are cautiously optimistic about a U.S. Department of Defense proposal to outsource some of its oversight of contractors' accounting systems to third-party auditors, saying the proposed regulation could reduce wait times and ease contractor concerns about understaffing and inexperience in the DOD's auditing agencies....

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