There is accounting...and there is Government contract accounting. Government contractors are subject to a wide range of unique accounting regulations, entering into contracts for which negotiation, performance, termination, and more require following specific accounting principles and standards. And, dealing with the Federal Government can be difficult and complex. It is a world apart from commercial business.

This 1-day course will provide a common framework for risk assessment and how it can be applied to current and evolving compliance risk. Attendees will learn about the different types of risk, the concept of materiality, applications, law and rules, as well as what the DFARs says about risk.

The Davis-Bacon Act, which has its roots back to the 1930's, established prevailing wage rates for federal government (Public Works) projects in local jurisdictions.

This is a highly interactive, hands-on virtual workshop, not simply a presentation based on slides. Participants work with practical tools, real RFPs, simulations of competitive opportunities, and exercises that reflect actual government evaluation processes.

Two concentrated days on how to understand and use the Federal Acquisition Regulation in your daily contracting activities including in-depth analysis of the FAR system, the key contract clauses and contract forms.

This one-day concentrated course on the Defense Federal Acquisition Regulation Supplement (DFARS) will enable attendees to better understand the structure and content of the DFARS and how it relates to the Federal Acquisition Regulation (FAR).

Students will gain a practical understanding of these areas so they can comply with the complex requirements of these FAR Parts and avoid pitfalls by anticipating and resolving potential problems.

This newly designed course will take you through the full audit process when dealing with government auditors.