Government Contracts Accountant Archives

The GovCon’s Guide to DCAA Incurred Cost Submissions

By Jennifer Eubanks | March 21, 2025 |

For government contractors operating under cost-reimbursable or time-and-material (T&M) contracts, DCAA Incurred Cost Submissions (ICS) are more than just an annual requirement—they’re a critical component of maintaining compliance and securing timely reimbursements. A well-prepared Incurred Cost Proposal (ICP) not only ensures adherence to Federal Acquisition Regulation (FAR) Part 52.216-7, but also positions your company for…

Why is Using a Government Contracts Accountant Important?

By Jennifer Eubanks | January 21, 2025 |

Government contracting introduces unique financial and regulatory challenges that can overwhelm even experienced businesses. Ensuring compliance, managing costs, and navigating federal requirements often requires specialized knowledge. The right expertise can transform these challenges into strategic opportunities for sustainable revenue growth and help avoid costly missteps. A Government Contracts Accountant (GCA) plays a pivotal role in…