This course provides an overview of the requirements for submitting annual incurred cost submissions to the Government. It focuses on the due date requirements for the annual submission and what constitutes a delinquent submission.
In addition, you will learn about:
- the DCAA Incurred Cost Adequacy review process and the required schedules to be included within the incurred cost submission;
- the DCAA Incurred Costs Electronically (ICE) model that provides contractors with a standard user-friendly electronic package to assist in preparing timely and adequate incurred cost submissions; and
- common deficiencies that may be identified within the incurred cost submissions.
Target Audience: Small businesses, accounting, finance, and others who work in government contracting