Accounting Compliance Training Confidently manage government contracts and run your business

Live Training

Learn the fundamentals of managing an accounting system of a government contractor. We train you on creating an accounting system to pass a DCAA review and to provide the required reports through the life of the business.
Earn CPE
ICAT Systems is a registered member of the National Registry of CPE Sponsors. Live training is eligible for CPE credits.

Course Offerings

Our courses feature real-world tasks, and follow practical examples to illustrate accounting concepts. In a short time you'll be more productive and knowledgeable about the operations and profitability options for your company. With live training you'll meet face-to-face with industry experts, and receive detailed guidance in a classroom setting.

Fundamentals of Federal Contract Cost Accounting

In this course you will learn about the fundamental cost accounting principles imposed by the Federal Acquisition Regulation (FAR) Part 31.2 on commercial organizations, and will follow an example of how a DCAA compliant accounting system should be configured.

QuickBooks for Government Contractors

A two-and-a-half day workshop to assist contractors in the actual set up of a DCAA compliant accounting system using QuickBooks. We strongly recommend attending the seminar, Fundamentals of Federal Contract Cost Accounting, prior to attending this workshop. Attendees will leave with a DCAA compliant accounting system.

Configuring QuickBooks to be DCAA Compliant

This seminar applies the concepts presented in our seminar, Fundamentals of Federal Contract Cost Accounting to QuickBooks. We demonstrate how QuickBooks should be configured to accommodate these cost principles so as to pass a DCAA Accounting System Review.

Incurred Cost Report Workshop

Contractors subject to the "Allowable Cost and Payment" clause (FAR 52.216-7) are required to submit an incurred cost report together with supporting data within 6 months after the end of their fiscal year. In this workshop, attendees will receive an overview of each of the required schedules and then receive guidance and assistance on completion of their Incurred Cost Report.

Budget Development and Provisional Indirect Rates Workshop

Assert Greater Command and Control Over Your Budgets and Indirect Rates. This one-day workshop is to develop an operating budget and provisional indirect rates for the coming year. We will guide those companies attending through the budget development process.

On-Site Training

Looking for customized training for your team? We'll tailor a course to meet your needs and bring the training to your location.

Let's design your custom on-site course: Get in touch