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Mr. Marc Sherman

Marc I. Sherman, CPA

Contact Details

Marc I. Sherman, CPA

Bio

CPA providing professional accounting, tax, and consulting services.

37 years experience in Government contracting with the Defense Contract Audit Agency (DCAA).

Last position was Regional Audit Manager (RAM), responsible for managing accomplishment of DoD contract audit work for five Field Audit Offices within the former DCAA Northeastern Region.

Planned, conducted, supervised, and managed audits of commercial and not-for-profit defense contractors ranging from major multi-divisional corporations to sole proprietors and universities.

Accomplished internal quality assurance reviews to ensure compliance with Generally Accepted Government Auditing Standards (GAGAS) and developed recommendations to improve audit practices.

Broad range of field experience in Government contracting and auditing as a team Supervisor, FAO Manager, and RAM.

Successfully resolved differences of opinion in many contentious areas, included pricing proposal preparation, indirect and forward pricing rate structures, provisional billing and quick closeout rates, incurred cost submissions, contract closeouts, post-award audits, Cost Accounting Standards, and contractor business systems.

Comprehensive knowledge of cost allocation issues, Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS) contract provisions, and cost principles.

Supervised others in the Investigations Support Division, which required direct interaction with Government investigative agencies and attorneys

Program Manager in the DCAA HQs Policy Audit Standards Division, including service as observer to the GAO Government Auditing Standards Advisory Council.