WrkPlan Blog

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  DCAA-Approved Systems: Key to Pre-Award Success

  November 4th, 2025

  ‍Landing a government contract can be a huge milestone for any business. But before the ink hits the paper, there’s one major hurdle to clear: the DCAA Pre-Award Survey. More than just red tape, it’s a serious evaluation that determines whether your company is ready to handle federal funds responsibly. And at the heart of […]

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  What Is a DCAA-Approved Accounting System? Everything Contractors Need to Know

  November 4th, 2025

  Government contractors face a landscape of specific regulations, and understanding the requirements for a DCAA-compliant accounting system is essential.  The term “DCAA-approved” often leads to questions: Does it mean a specific software is endorsed? Or does it represent a set of compliance standards?   Accurate cost accounting, aligned with DCAA guidelines, is vital for securing […]

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  How to Reduce Audit Risks in Your Incurred Cost Submission

  November 4th, 2025

  For government contractors with cost-reimbursable contracts, an Incurred Cost Submission (ICS) is a mandatory requirement that must be prepared annually and reviewed by the Defense Contract Audit Agency (DCAA). This submission ensures that the government only reimburses allowable, allocable, and reasonable costs as defined by Federal Acquisition Regulation (FAR) Part 31. However, an inaccurate or […]

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  Unallowable Costs and Incurred Cost Submissions: Staying Compliant

  November 4th, 2025

  Winning government contracts is a significant achievement, but maintaining DCAA compliance is crucial for long-term success.  Accurate Incurred Cost Submissions (ICS) are essential for demonstrating financial responsibility and ensuring smooth audits.  A key component of a compliant ICS is the proper handling of unallowable costs.   Let’s break down what you need to know about […]

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  DCAA Pre-Award Audits: What to Expect and How to Prepare

  November 4th, 2025

  Securing a government contract can be a game-changer for any business, offering stability, growth potential, and the opportunity to contribute to important projects. But one crucial step often trips up even seasoned contractors: the DCAA Pre-Award Audit. This rigorous process, conducted by the Defense Contract Audit Agency, assesses a contractor’s accounting system to ensure it […]