Cracking the ICE: Ensuring a Compliant Incurred Cost Submission
Автор: NeoSystemsCorp
Загружено: 2014-02-25
Просмотров: 1227
Описание:
In FY2011, the Defense Contract Auditing Agency (DCAA) selected over 6,000 government contracting businesses for an Incurred Cost Submission audit. Over 70 checklist line items were evaluated for completeness and adequacy across 15 different schedules. Many of these audits resulted in contractors receiving "inadequacy letters", leaving business owners wondering about the items in question.
As the agency faces increased pressure to eliminate the backlog and conduct more thorough, diligent audits, contractors can expect this trend to keep growing. In 2014, on top of preparing the necessary data and supporting material, your team also needs to learn the latest modification of the Incurred Cost Electronic (ICE) model, which was released in the summer of 2012. With a confusing set of macros, distracting questionnaire, and overabundance of worksheets, the modified ICE has an unnecessary learning curve for a one-time, annual process.
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