The Australian Dollar (AUD) is the currency unit used in the Commonwealth of Australia. The Australian Dollar symbol is $. Commonwealth of Australia states include Cocos Islands, Norfolk Island, Pacific Island states, Christmas Island, and Australia.
Overview: The Defense Contract Audit Agency (DCAA) independently investigates Department of Defense (DoD) contracts to determine the fairness, accuracy and completeness of financial records and reports, as well as the effectiveness of any transactions the department has made.
DCAA conducts an audit in which the scope is limited to obtaining an understanding of the design of the prospective accounting system and as essential to reach an informed opinion as to whether or not the design is acceptable for accumulating costs under a Government contract.