An Introduction to the Incurred Cost Submission Part II: Preparation and Adequacy Review

April 27, 2021 / 11:00 AM - 12:00 PM EST

It is almost time! For those contractors required to submit an Incurred Cost Submission (ICS) with fiscal years ending December 31, your submission is due on June 30.

Please join Mike Mardesich and Brad Tress of DHG's Government Contracting Advisory Team as they conduct Part II of the ICS webinar series. During the webinar, they will walk through the preparation and adequacy requirements of each required ICS schedule.

They will also discuss DCAA's latest guidance regarding the ICS reporting impacts of Payroll Protection Program (PPP) Loans, PPP Loan forgiveness, Coronavirus Aid, Relief, and Economic Security (CARES) Act - Paid Leave (Section 3610), and the Employee Retention Credit (Section 2301).

Topics include:

  • A walk-through of the ICS
  • Detailed preparation tips for each required schedule
  • Common preparation mistakes
  • Common inadequacy findings and remediation techniques
  • Common audit findings and remediation techniques
  • Current regulatory conditions
  • How to report the impacts of Coronavirus Aid legislation
Presenters
  • Mike Mardesich, Senior Manager
  • Brad Tress, Senior Manager
CPE Information

Recommended CPE Credit

One hour of CPE (pending approval).

Delivery Format

Group Internet Based (each attendee must be logged in and answer the poll questions in order to receive CPE credit).

Who Should Attend

Individuals in the government contracting sector

Prerequisites / Advance Preparation

None

Course Level

Basic

Program Content

High level discussion on incurred cost submission and implications for government contractors

Policies

This event is complimentary. Due to this program being offered free of charge, there will be no refunds issued. If you have any questions regarding administrative policies such as registration or cancellation, please contact DHGevents@dhg.com.

Questions

Please direct any CPE related questions to DHGU@dhg.com.

Dixon Hughes Goodman LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. 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 National Registry of CPE Sponsors through the web site: www.nasbaregistry.org/.

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