Planning for the Incurred Cost Proposal
The annual incurred cost proposal (ICP) is no small task for government contractors. With 23+ tabs in an Excel file and many supporting documents, the ICP is often a weeks long project. We find that a significant portion of time required to complete the ICP is the gathering of documents, researching variances, and answering questions. Think of the ICP like a tax return for your government contracts. Your tax preparer sends you a list of necessary documents and related questions. The sooner you provide all of the documents and answer all of the questions, the sooner your tax return is complete. The same is true for the IP. This webinar focuses on the practical planning and preparation for the incurred cost proposal (ICP), not the completion of the ICP itself. All attendees will receive our free ICP template.
Learning Objectives
- List documents necessary for preparation of the ICP.
- Identify common issues in gathering documents.
- Describe best practices for current and future success.
Left Brain Professionals is the registered sponsor of this event.
Left Brain Professionals Inc is registered with the Ohio Board of Accountancy (license CPE.445) as a sponsor of continuing professional education. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the Ohio Board of Accountancy through its website: https://elicense.ohio.gov/oh_filecomplaint.
Speaker and Presenter Information
Award-winning speaker Robert E. Jones shows audiences how to navigate the constantly changing legal and regulatory landscape of government contracts. In his engaging and highly rated presentations, he shares insider secrets drawn from 18+ years of DoD contract and accounting experience. His proactive, decisive approach to finding opportunities and solving problems is based on experience in managing more than $400 million in federal contracts.
Mr. Jones has experience with a wide variety of speaking engagements including emcee/moderator, seminars, training, chapter meetings, and conference presentations. He engages audiences with innovative approaches to contract profitability, accounting, compliance and related topics.
The West Virginia native earned a bachelor’s degree in accounting from the McColl School of Business at Queens University of Charlotte in North Carolina. He holds a master’s degree in accountancy from The Graduate School of the College of Charleston in South Carolina. He is a licensed CPA in the State of Ohio.
Relevant Government Agencies
Air Force, Army, Navy & Marine Corps, DOD & Military, NASA, Federal Government
Event Type
Webcast
This event has no exhibitor/sponsor opportunities
When
Mon, Jan 24, 2022
Cost
Complimentary: $ 0.00
Website
Click here to visit event website
Organizer
Left Brain Professionals Inc.
Join the event conversation:
@leftbrainpro
