Incurred Cost Report Workshop
This event qualifies for 14 CPEs
Contractors subject to the "Allowable Cost and Payment" clause (FAR 52.216-7) are required to submit an incurred cost report together with supporting data within 6 months after the end of their fiscal year.
In this workshop, attendees will receive an overview of each of the required schedules and then receive guidance and assistance on completion of their Incurred Cost Report.
All contractors are welcome - use of QuickBooks or ICAT is NOT required to participate.
Attendees must bring a laptop computer and must have access to their accounting records during this workshop. Attendees will be provided with an excel template to complete the workshop.
Attendees will complete Schedules A-O of the Incurred Cost Submission.
Speaker and Presenter Information
Robert C. Smith, CPA is CEO of ICAT Systems and an expert in federal contract cost accounting. He founded ICAT Systems to give government contractors an accurate, affordable, and easy-to-use software solution for a DCAA compliant accounting system. Robert also leads ICAT Systems’s training seminars and workshops, equiping government contractors and accountants with the knowledge to confidently manage federal contract accounting.
Robert has over 30 years experience in the fields of government contract cost accounting & public accounting. He has helped hundreds of businesses set up compliant accounting systems and understand the principles of federal contract cost accounting.
Relevant Government Agencies
Air Force, Army, Navy & Marine Corps, Intelligence Agencies, DOD & Military, Office of the President (includes OMB), Dept of Agriculture, Dept of Commerce, Dept of Education, Dept of Energy, Dept of Health & Human Services, Dept of Homeland Security, Dept of Housing & Urban Development, Dept of the Interior, Dept of Justice, Dept of Labor, Dept of State, Dept of Transportation, Dept of Treasury, Dept of Veterans Affairs, EPA, GSA, USPS, NASA, Other Federal Agencies, CIA, FEMA, Office of Personnel Management, Coast Guard, National Institutes of Health, FAA, USAID, Federal Government, FDA