Financial, Accounting & Auditing

Auditing shows the government is accountable to the public by providing independent, objective assessment of its stewardship of taxpayer dollars, the effectiveness of policies and the performance of programs. Government contractors must be well versed in the range of audit standards, payment processes, procedures and expectations. PSC keeps member companies abreast of policy changes and areas of emphasis in audits, accounting and investigations affecting federal contractors.
Upcoming Events
Jun 18, 2024
Follow Up, Security Clearance Legislative Priorities Meeting
Jun 20, 2024
2024 Federal Acquisition Conference Sponsor
Jun 20, 2024
CIDC - Doing Business with MCC
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CODSIA Comments on FAR Part 40, Info Securityand Supply Chain Security
On June 10, 2024, PSC joined several other associations in comments on FAR Part, Information Security and Supply Chain Security. Submitted as Council of Defense and Space Industry Association (CODSIA) comments, this feedback focused on the need for clarity regarding this new FAR Part's scope and applicability to products and services. You can access the CODSIA comments here .



On Friday, June 7, 2023, PSC submitted comments for NASA’s Solutions for Enterprise-Wide Procurement 6th Generation Government-wide acquisition contract, which provides IT products and services. PSC's comments recommended:

  • removal of language that disallows use of ISO 9001:2015 or CMMI from parents, affiliates, and meaningful relationships
  • removal of spreadsheets where contractors must disclose their own client line-item numbers, and the market rate for their own labor categories, and
  • remove its Supply Chain Risk Management and Sustainability requirements. 
Proposals are due to NASA by July 11 at noon. You may read PSC's comments here .

Acquisition & Business Policy Council

PSC’s principal body for developing positions and taking action on cross-cutting, major acquisition policy issues.
Contact PSC
Stephanie Kostro
Executive Vice President, Policy

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