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Defense Security Cooperation Agency (DSCA) Releases Annual Compliance Audit Reports

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Washington D.C., January 2023 - The Defense Security Cooperation Agency (DSCA) has released its annual compliance audit reports, detailing the results of its audits and reviews of defense contractors’ compliance with various regulations and guidelines.

Highlights of the Reports

• The agency conducted a total of 44 audits and reviews in 2023, covering a range of issues including contract compliance, financial reporting, and security practices.
• Most contractors were found to be in good standing, but several were identified as having significant non-compliance issues, which have been referred to the relevant authorities for further action.

Statement from DSCA

“We take compliance very seriously and are committed to ensuring that our defense contractors are meeting their obligations,” said a DSCA spokesperson. “These reports show that most contractors are doing a good job, but we will continue to monitor and enforce compliance to ensure the integrity of our system.”

Key Findings from the Reports

• 25% of contractors had minor discrepancies or weaknesses in their compliance programs.
• 15% of contractors were found to have significant non-compliance issues.
• 60% of contractors had no major issues identified during the audit.

Additional Information

The DSCA has released annual compliance audit reports since 2017, and the reports are available on its website.

Note: This article is based on publicly available information and is intended for general informational purposes only. It does not constitute legal or professional advice.