Description
At the end of a defined accounting period, federal government contractors must submit their actual costs incurred to DCAA. The intention of this process is for DCAA to review these costs claimed to ensure they are allowable, allocable, and reasonable per FAR 31 as well as within the terms of their respective contracts. During this presentation, we will discuss the requirements for the annual submission and what DCAA considers to be elements of an adequate submission. Together, we will walk through the DCAA Incurred Cost Electronic (ICE) model, which provides contractors with a standard user-friendly package to compile their financial data. We will also discuss the adequacy review process and how DCAA selects audit submissions.
Target Audience: Small businesses, accounting, finance, and others who work in government contracting
Meet Your Instructor:
KATELYN RIGLE, Financial Liaison Advisor, Defense Contract Audit Agency
Ms. Katelyn Rigle is the Operations Audit Liaison Small Business Coordinator for DCAA, headquartered at Fort Belvoir, VA. Ms. Rigle has been with the agency since 2009 and currently acts as the agency’s small business liaison, offering education, guidance, and support to small and medium-size businesses working in the Federal contracting realm. Ms. Rigle also coordinates training through the Small Business Administration, APEX Accelerators, and federal consulting firms.
Ms. Rigle graduated from King’s College with a Bachelor of Science degree in Accounting as well as Strayer University with a Master of Business Administration, concentrating in Government Acquisition.
Robyn Ortolano (verified owner) –
I found the content to be very relevant and presented in a way that was organized and easy to understand. Katelyn Rigle has a great depth of knowledge and is an excellent instructor!