The Defense Contract Audit Agency (DCAA) is a subagency of the Department of Defense under the authority, direction, and control of the Under Secretary of Defense Comptroller. It was established January 8, 1965. While serving the public interest as its primary customer, The DCAA performs all necessary contract audits for the Department of Defense and provides accounting and financial advisory services regarding contracts and subcontracts to all DoD Components responsible for procurement and contract administration. These services are provided in connection with negotiation, administration, and settlement of contracts and subcontracts to ensure taxpayer dollars are spent on fair and reasonable contract prices. The DCAA also provides contract audit services to other Federal agencies as appropriate.
A component of Defense Department.