Deciphering Real-World DCAA Incurred Cost Scenarios and Practical Tips to Survive an Audit

August 25, 2020 2:30pm

Matthew Popham
Senior Vice President, Government Compliance Director
Leidos (Reston, VA)

Brian Taylor
Managing Director, Deal Advisory

Lisa Rader
Senior Director of Government Compliance
General Dynamics Information Technology (Falls Church, VA)

  • Status of incurred cost audits and trends
  • Best practices on incurred cost proposals
  • Understanding the closeout procedures and common closeout challenges
  • Update on the potential changes to FAR 52.216-7(d)(2)(iii) incurred cost proposal adequacy requirements
  • Adequacy of supporting documentation
  • Managing and monitoring audit requests
  • Alternative approaches to settling incurred cost proposals in lieu of a DCAA audit
  • Issue avoidance and early detection of potential violations
  • Proper responses to audit reports, and preparation for negotiation or litigation if needed