Thompson Government Contracting

Demystifying DCAA Incurred Cost Submissions

Thursday, February 23, 2017 • 1:00 pm ET/12:00 pm CT/11:00 am MT/10:00 am PT
1.5 CPE credits

Webinar Details

Subject: Federal Contracting

Prerequisites: None

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Intermediate

Advanced Preparation: None

Submitting the Incurred Cost Submission (ICS) has never been easy, and it has been common for federal contractors to miss the deadline. But miss your deadline this year and you’ll get more than a friendly reminder: You’ll get just 30 days to submit an adequate ICS before DCAA’s tough guidance gives the ACO sole power to establish your final indirect rates.

Given the impact that could have on contract profitability, you must get out in front of the issue. You need to remove any confusion over the new DCAA adequacy and risk assessment requirements, and follow today’s absolute best practices for getting your spreadsheet to qualify as “adequate.”

Sign up today to find out how to get it right -- and on time!

Register now for Demystifying DCAA Incurred Cost Submissions!

For everyone who prepares, reviews or signs the ICS, this 90-minute webinar can clear the way to protecting contract value.  Federal contracting experts from Aronson LLC—Donna Dominguez and Aisha Mian—will demystify the ICS requirements, provide tips on how to submit an adequate incurred cost submission and share survival tips for ICS audits.
Avoid making DCAA’s “naughty list.”  From how DCAA’s expectations have changed, to best practices for completing your spreadsheet, meeting Adequacy Checklist criteria and earning a Low Risk rating, you’ll learn exactly what it will take to cross the finish line by June 30, 2015 -- or apply for an extension in time to make a difference. Plus, you can ask your specific questions during the Q&A portion of the presentation.

Reserve your space now to protect your incurred cost rates, Attendees who complete the course will:

  • Learn how new guidance affects Incurred Cost Submissions (ICS) and the filing requirements;
  • Understand the ramifications of noncompliance—including incurred cost audits, having the ACO unilaterally set your rates, and making the list of delinquent contractors;
  • Learn how DCAA updates change the ICS model, including deadlines and extensions;
  • Gain an understanding of the DCAA Adequacy and Risk Assessment of ICS;
  • Receive tips for surviving an ICS audit, including how to identify ICS resources
  • And more!

Register now for Demystifying DCAA Incurred Cost Submissions!

Who Will Benefit:

This webinar is of value to all federal prime and subcontractors, including anyone who prepares, reviews or signs the ICS. Attendees who will especially benefit from this presentation include:

  • Accountants
  • Compliance officers
  • Contract administrators
  • Program managers
  • CFOs, finance personnel
  • Agency and contractors’ counsel
  • Contracting Officers

Remember, the ICS due date is just six months from the contractor’s year end, and DCAA’s delinquent list now includes contractors whose adequate ICS is just 60 days overdue. There’s also the risk that ACO could move in to set your incurred cost rates at levels below those actual costs. Don’t miss this chance to get the expert help on best practices for protecting your profitability—and reputation.

Register now!

FAR Benefit: Augment your compliance training and internal controls programs!

The Federal Acquisition Regulation (FAR 52.203-13), entitled Contractor Code of Business Ethics and Conduct, requires contractors not represented as small businesses to establish an ongoing business ethics awareness and compliance program, as well as effective internal controls. Participating in this webinar course can augment your company’s code of ethics and training programs by providing specific guidance on contractual obligations. Training can also be a significant part of an internal control system. Sign up today!

Donna Dominguez

Donna Dominguez is a managing consultant in Aronson LLC's Government Contracts Services Group. With more than twelve years of experience working with government contractors, she specializes in the preparation of incurred cost submissions, budgeted provisional rates, DCAA audits, government compliance matters, cost proposals, contract/subcontract administration, contract/subcontract negotiation and assisting clients in the use of Deltek GCS, CostPoint, and QuickBooks software. Through her work in public accounting as well as positions held directly at government contractors, she has comprehensive knowledge and understanding of the complexities of accounting for this unique market. Donna is a guest speaker on financial and government contracting topics for industry associations and a featured speaker for Aronson LLC. Donna earned her bachelor's degree in accounting from the University of Maryland and has completed additional coursework in contracts administration.

Aisha N. Mian
Aisha N. Mian is a managing consultant in Aronson LLC’s Government Contract Services Group. She has more than eight years of experience in the government contracting industry, with expertise in both project control and financial compliance. Her professional skills include contract/project financial analysis and various areas of financial compliance, including preparation of incurred cost submissions; support in evaluating, preparing and advising appropriate indirect rate structures; preparation of disclosure statements; and analysis and impact of cost accounting standards (CAS). She has also worked alongside in-house DCAA auditors supporting audits for incurred cost submissions during her time in the industry. Aisha has been a guest speaker on financial and government contracting topics at the GWSCPA Government Contracting Conference and has hosted Aronson LLC webinars related to government contracting topics. She earned her bachelor’s degree in finance from George Mason University and her MBA from the Robert H. Smith School at the University of Maryland College Park.

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