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Important New DOD Reg on Internal Controls for Contractor Business Systems

The Department of Defense (DOD) has promulgated DFARS 215.407-5-70 that demands almost perfect internal control for contractor business systems and includes significant sanctions and penalties for failure to comply. Failure to comply with the regulation may have dire financial consequences for DOD contractors...

Important New DOD Reg on Internal Controls for Contractor Business Systems

The Department of Defense (DOD) has promulgated DFARS 215.407-5-70 that demands almost perfect internal control for contractor business systems and includes significant sanctions and penalties for failure to comply. Failure to comply with the regulation may have dire financial consequences for DOD contractors...