• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Accounting Blog | Fairfax VA CPA firm

Accounting Blog | Fairfax VA CPA firm

  • Home
  • About Us
  • Contact

Contractor Oversight

ICS Essentials #6: Who Reviews ICS? DCAA, Agency Auditors & GAO Oversight

February 11, 2026 by Vik Singh

Federal audit oversight of Incurred Cost Submissions (ICS) by DCAA and GAO following GAGAS Yellow Book standards.

GovCon Wednesdays Estimated Read Time: 5 minutes Once your Incurred Cost Submission (ICS) is submitted, it undergoes review by federal audit organizations responsible for ensuring taxpayer dollars are used appropriately. Depending on the agency you support, your ICS may be audited by DCAA, an Inspector General office, or another federal audit branch. This installment explains who reviews ICS packages and the standards they must follow. Core Concept: Who Reviews ICS?… Read More

Filed Under: ICS Tagged With: Audit Readiness, Contractor Oversight, DCAA Audit, FAR Part 31, Federal Compliance, GAGAS, GAO, GovCon Compliance, Government Audits, Incurred Cost Submission

Primary Sidebar

Recent Posts

  • What Happens After a DCAA Audit? The Post-Audit Roadmap GovCons Should Expect
  • Payroll Reimbursements for GovCons: Why QBO Users Should Move Toward Accounts Payable
  • DCAA Audit Outcomes: Pass, Deficiency, or Corrective Action — What Happens Next for GovCons
  • Jury Duty Leave Explained: Pay, PTO, and Compliance for Employers
  • How to Respond to DCAA Requests: A Practical Playbook for Government Contractors

Recent Comments

No comments to show.

Archives

  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • June 2025

Categories

  • Accounting Systems & Controls
  • DCAA Audit Readiness
  • GovCon Compliance
  • GovCon Insights
  • ICS
  • PBR
  • SBA & Socioeconomic Compliance
  • Year End

Copyright © 2026 VSINGH CPA LLC - All Rights Reserved