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DCAA Consulting Offers Continuous Support for ICS of Dcaa Compliance Audit

If your company has Government contracts, you should always thoroughly check the terms and conditions. When there is a clause for Allowable Costs and Payments, then you have to present an annual Final Indirect Cost Rate Proposal, more popular as Incurred Cost Proposal or ICP, to the Government.

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DCAA Consulting Offers Continuous Support for ICS of Dcaa Compliance Audit

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  1. DCAA Consulting Offers Continuous Support for ICS of Dcaa Compliance Audit If your company has Government contracts, you should always thoroughly check the terms and conditions. When there is a clause for Allowable Costs and Payments, then you have to present an annual Final Indirect Cost Rate Proposal, more popular as Incurred Cost Proposal or ICP, to the Government. You definitely need professional guidance, and none can serve better than DCAA Consulting. They have already worked with numerous companies for developing, assisting, or reviewing the final indirect cost submissions. The actual indirect expenses that you incur during the fiscal year will reflect through the Incurred Cost Submissions. According to the standard clause, any Government contractor has to submit an adequate indirect cost rate proposal to the contracting officer or any other cognizant federal agency official and the auditor within six months after the expiration of each of the fiscal years. It implies that you have to submit the report on June 30th if the calendar fiscal year ends on December 31st. The chief reason for which you should consult DCAA Consulting is the unsurpassed qualifications of the team working with the company. If you consider the important parameters like the experience of the workers or credentials of the experts, you will notice that DCAA Consulting is way ahead of the other similar service providers. With more than thirty years of experience in the industry, they have worked with numerous companies that have added to their experience. Specific relevant experience to navigate Federal compliance will help you to steer clear through the audit. You can expect complete client support from their team, and they provide maximum support. This will include preparing the entire proposal for the cost incurred, schedule preparation, review of the proposals that the clients prepare, and supporting the incurred cost audits.

  2. Documentation is a critical part of the Dcaaaudit process, and they will do it with complete dedication. A successful Incurred Cost Audit outcome is possible if your documents are accurate. They will also help maintain continuity as there will always be a time lag between the audit of the incurred cost proposal and the submission of documents. They will even prepare the schedules, although it may not be necessary for the submission.

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