DCAA: 1 of 2 of the Cost Reimbursable Requirements Series includes Incurred Cost Submissions and Contract Briefs
Register here: https://us02web.zoom.us/webinar/register/WN_-v5gJJD0SbqFBgo477X40w
Wednesday, May 1, 2024
11-1 Pacific Time/ 12-2 Mountain Time
Your local APEX Accelerator and the National APEX Accelerator Alliance (NAPEX) are excited to
announce the upcoming DCAA Cost Reimbursable Requirements Series. Part 1 of 2 of the Cost
Reimbursable Requirements Series includes Incurred Cost Submissions and Contract Briefs.
At the end of a defined accounting period, federal government contractors must submit actual costs
incurred to DCAA. The intention of this process is for DCAA to review costs claimed to ensure they
are allowable, allocable, and reasonable per FAR 31, as well as within the terms of their respective
contracts. DCAA will discuss requirements for the annual submission and what DCAA considers to
be elements of an adequate submission. This training provides an overview of the DCAA Incurred
Cost Electronic (ICE) model, which provides contractors with a standard user-friendly package to
compile their financial data. DCAA will also discuss its adequacy review process and means of how
they select submissions for audit.
Why is briefing your contracts so important? Contract briefs are your “One Stop Shop” for all
pertinent information, including contract provisions, clauses, requirements, allowability, funding, and
so much more! DCAA will discuss the use of contract briefs in audits, reviewing vouchers, and the
usefulness of contract brief information while monitoring your contract expenditures.
Register here: https://us02web.zoom.us/webinar/register/WN_-v5gJJD0SbqFBgo477X40w