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DCAA Problems Aren’t About Fraud, They’re About Documentation
In this episode of GovCon Unscripted, Chelsea Roberts sits down with Jeff Shapiro, Partner at CohnReznick, to unpack what DCAA audits actually focus on and what contractors often get wrong.
Jeff explains why materiality matters more than penny-level perfection, how audit risk really shows up in cost-reimbursable contracts, and why “follow the funding” is one of the most dangerous habits in government accounting. They also dig into LPTA risk, soft fraud in time charging, and why commercial companies struggle when they enter cost-based contracting.
This episode is essential listening for contractors navigating DCAA audits, cost allocation, commercial-to-government transitions, and compliance culture.
Timestamps:
01:12 – Jeff Shapiro’s GovCon background
05:48 – What DCAA actually does
12:06 – The 3-cent check story
14:42 – Why materiality matters
22:10 – Proposal costs vs. contract scope
32:18 – “Follow the funding” risks
Resources:
- Jeff Shapiro's LinkedIn page
- CohnReznick GovCon Resources
- Chelsea Roberts's LinkedIn page
🎧 Listen now on:
🔹 Apple: https://podcasts.apple.com/us/podcast/govcon-unscripted/id1766384482
🔹 Spotify: https://open.spotify.com/show/1NL0kFAvmgECLTJpUZYNHy
Like and follow us:
🔹 YouTube: https://www.youtube.com/@GovConUnscriptedUS
🔹 Facebook: https://www.facebook.com/govconunscriptedpodcast/
🔹 LinkedIn: https://www.linkedin.com/showcase/govcon-unscripted/posts/
Join our #govcon #community:
https://www.linkedin.com/groups/14618490/
New to GovCon? Here’s a guide for you:
https://share.hsforms.com/288nO18bsRCCmdJZL66pClwbzmvx
21 AI Prompts to Supercharge Your GovCon BD Engine:
https://collaborativecompositions.com/21-ai-prompts-to-supercharge-your-govcon-bd-engine/
View all episodes
By Chelsea MeggittIn this episode of GovCon Unscripted, Chelsea Roberts sits down with Jeff Shapiro, Partner at CohnReznick, to unpack what DCAA audits actually focus on and what contractors often get wrong.
Jeff explains why materiality matters more than penny-level perfection, how audit risk really shows up in cost-reimbursable contracts, and why “follow the funding” is one of the most dangerous habits in government accounting. They also dig into LPTA risk, soft fraud in time charging, and why commercial companies struggle when they enter cost-based contracting.
This episode is essential listening for contractors navigating DCAA audits, cost allocation, commercial-to-government transitions, and compliance culture.
Timestamps:
01:12 – Jeff Shapiro’s GovCon background
05:48 – What DCAA actually does
12:06 – The 3-cent check story
14:42 – Why materiality matters
22:10 – Proposal costs vs. contract scope
32:18 – “Follow the funding” risks
Resources:
- Jeff Shapiro's LinkedIn page
- CohnReznick GovCon Resources
- Chelsea Roberts's LinkedIn page
🎧 Listen now on:
🔹 Apple: https://podcasts.apple.com/us/podcast/govcon-unscripted/id1766384482
🔹 Spotify: https://open.spotify.com/show/1NL0kFAvmgECLTJpUZYNHy
Like and follow us:
🔹 YouTube: https://www.youtube.com/@GovConUnscriptedUS
🔹 Facebook: https://www.facebook.com/govconunscriptedpodcast/
🔹 LinkedIn: https://www.linkedin.com/showcase/govcon-unscripted/posts/
Join our #govcon #community:
https://www.linkedin.com/groups/14618490/
New to GovCon? Here’s a guide for you:
https://share.hsforms.com/288nO18bsRCCmdJZL66pClwbzmvx
21 AI Prompts to Supercharge Your GovCon BD Engine:
https://collaborativecompositions.com/21-ai-prompts-to-supercharge-your-govcon-bd-engine/