The following blog is an article taken from our recent ReliAscent Quarterly Newsletter (Volume 5, Issue 3), published last week.
The Defense Contract Audit Agency (DCAA) has just released an updated version of the Incurred Cost Electronically Model (the standard ICE submission) for contractors preparing adequate incurred cost...
Over the last several weeks, ReliAscent has learned some (potentially) disturbing and important news regarding Government Contractors using the Deltek GCS® accounting system.
There has been a trend in the last 5 years that the DCAA is auditing fewer of the annual Incurred Cost Proposals (ICP's). This is based on the shear backlog as well as the risk factor to the government....
When a company is dealing with the DoD or NASA, it is usually very clear that their accounting systems are required to not only be compliant with FAR regulations but must be capable of passing a DCAA...
DCAA QuickBooks®
Many start-up businesses and small businesses are in need of a DCAA compliant accounting system but cannot afford many of the options for software that is DCAA compliant “out of the box”....
I will be speaking at the breakfast meeting for the local ACT-IAC chapter tomorrow morning. If you can, please register and join me. I will be happy to see you and talk about any issues you wish....
