DCAA Audits Webinar Series

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1 hour

This is session 2 of 4 in the FPS DCAA Audits Webinar Series.

This session provides guidance on what to expect before, during, and after a DCAA Incurred Cost Proposal (ICP) audit. Along with covering the typical ICP audit process, we explore the normal areas of focus for DCAA, expected DCAA data requests and their purpose, typical DCAA findings and potential responses to those findings, as well as some best practices to avoid common pitfalls during the audit process.

Learning Objectives:

Brief overview of the ICP and its purpose
DCAA selection criteria for ICP audits
Understanding the difference between an adequacy review vs. a full audit
Common DCAA data requests to expect and the rationale behind them
Common DCAA findings
Tips on how to defend against findings, particularly questioned costs
Most common challenges contractors face during an ICP audit and tips on how to overcome them

This webinar is sponsored by

About Our Experts

Joseph McCaffrey

Partner, Baker Tilly

Joseph is a partner in the government contractor advisory services practice of Baker Tilly. Joseph has more than 15 years of experience advising and supporting government contractors. Joseph has advised clients in the aerospace, healthcare, construction, security services, manufacturing, technology and professional services industries on a wide range of business issues and regulatory compliance matters, specializing in contract accounting & pricing, claims, internal controls & business systems and other regulatory compliance matters.

Education
Wake Forest University
Master of Science in accountancy
Bachelor of Science in accountancy

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Fill out this form and someone from FPS will contact you shortly. You can fill out as much or as little information as you would like. Prefer to talk to us? Call 888.865.9082.