Many dread June 30th (ICS day) almost as much as May 30th (Corporate tax day). But if you are running the right system, you can extract many or ALL of the “mandatory” schedules right from that system. Be aware of your system capabilities and your needs as it pertains to YOUR submission. If you close your December 31 year-end by January 31, why not have an ICS and adjusted billings out the door by February 15?
Presented by Ken Bricker, CPA. A Partner with Cherry Bekaert’s Government Contractor Services group, Ken has worked in the government contracting and acquisitions field for nearly 40 years. In that span, clients have benefited from his extensive knowledge of the Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS). Further, Ken assists clients with regulatory issues such as business systems reviews (accounting, estimating, purchasing, billing); bids and proposals; rate structure development; forward pricing; wage determinations; claims (equitable adjustment, delay, termination); defective pricing; and incurred cost submissions. A wide variety of clients and their attorneys depend on Ken for litigation support related to government contracts, regulations and code.