Cracking the ICE: How to Submit a Compliant Incurred Cost Submission
Автор: NeoSystemsCorp
Загружено: 2013-04-29
Просмотров: 2149
Описание:
In FY2011, the Defense Contract Auditing Agency (DCAA) selected over 6,000 government contracting businesses for an Incurred Cost Submission audit. 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 2013, 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 last summer. 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.
This NeoSystems webinar on Incurred Cost Submissions topics covered:
*An overview of Schedules A-O, supplemental schedules, and other baseline requirements
*Leveraging reporting tools to supersede the ICE model
*Computing final indirect costs to capture all allowable expenses
*Best practices on how to avoid "inadequacies" on your submission
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