Robert C Smith

Robert C. Smith, CPA is a trusted name in government contract accounting systems, providing expert services and tools to help contractors meet the unique regulatory requirements of this specialized field. With over three decades of experience in both the private sector and as a public accountant, Robert brings a wealth of knowledge and expertise to his clients. He is the founder and CEO of ICAT Systems, a software and training firm dedicated to supporting businesses engaged in federal contract cost accounting.

Robert's professional services are designed to help government contractors meet accounting and regulatory requirements, and resolve any compliance issues that may arise. His areas of expertise include accounting system design, configuration of QuickBooks and ICAT for incurred cost submissions, cost pool configurations, FAR and CAS compliance, cost proposal assistance, DCAA audit preparation, and DCAA compliant timekeeping systems.

At Robert C. Smith, CPA, we pride ourselves on delivering high-level expertise with a personal touch. Our clients benefit from Robert's deep understanding of the obligations placed on companies serving the public sector, as well as his ability to help them achieve compliance without requiring a change in their established accounting software.

Consulting Services

Our consulting services are designed to help government contractors meet the unique regulatory requirements of their field. Our areas of expertise include:

• Accounting System Design: We work with clients to design accounting systems that meet the unique needs of government contractors, ensuring compliance with all relevant regulations.
• Configuration of QuickBooks and ICAT: We help clients configure QuickBooks and ICAT to streamline incurred cost submissions and enable efficient cost allocation reporting.
• Incurred Cost Submissions: We assist clients with the preparation and submission of incurred cost proposals, ensuring compliance with all relevant regulations.
• Cost Pool Configurations: We help clients configure cost pools to accurately allocate costs and ensure compliance with FAR and CAS regulations.
• FAR and CAS Compliance: We help clients achieve compliance with the Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS), ensuring they meet all regulatory requirements.
• Cost Proposal Assistance: We help clients prepare cost proposals that accurately reflect their costs and ensure compliance with all relevant regulations.
• Preparation for DCAA Audits: We help clients prepare for DCAA audits, ensuring they are fully compliant with all relevant regulations and prepared to demonstrate their compliance.
• DCAA Compliant Timekeeping Systems: We help clients configure timekeeping systems that meet DCAA requirements, ensuring accurate and compliant time tracking.

Training Services

At ICAT Systems, we believe that education is the key to success in government contracting. That's why we offer a range of training services designed to help government contractors and their accounting professionals confidently navigate the complex world of government contract cost accounting and billing of contract costs.

Our training services include:

• Online Video Training: Our on-demand training courses are designed to give government contractors and their accounting professionals the skills they need to confidently navigate the Government's oversight of contract cost accounting and billing of contract costs.
• Live Training: We offer live training seminars on Federal Contract Cost Accounting through ICAT Systems. With live training, you benefit from meeting face-to-face and receiving detailed guidance specific to your business' needs.
• One-on-One Training: Whether you need virtual support or on-site configuration of your accounting system, we can provide you with the tools and knowledge you need to be more productive and knowledgeable about the operations and profitability of your company.