Regulatory compliance in government contracting is constantly evolving, requiring contractors to stay informed about legislative, regulatory, and agency-specific changes. In this webinar, JAMIS Software welcomes expert guest speakers from Capital Edge Consulting and Berenzweig Leonard to break down the most critical compliance updates for Q1 2025. Key topics include:  The reclassification of "Significant Deficiency" to "Material Weakness" in contractor Business Systems (90 FR 5725) and its impact on compliance requirements.  Update on President Trump's Executive Orders impacting Federal Contractors.  What to do if you receive a Stop Work Order, Suspension of Work Order, or Terminations, and how to prepare Requests for Equitable Adjustments (REAs) and Termination Settlements.  Pricing tariffs and their implications for government contract costs.  Regulatory updates on cost and pricing in the 2025 NDAA, changes to Cost Accounting Standards (CAS). Learning Objectives: By the end of this session, participants will gain insight into the latest legislative, regulatory, and audit guidance actions affecting government contract compliance. They will be able to identify key challenges and prepare for the regulatory landscape in the months ahead.

A Forward Pricing Rate Proposal (FPRP) is one of the main outputs of a contractor's annual budgeting and planning cycle, and thus receives a lot of audit attention. Even though this attention occurs regularly during the year in connection with contract pricing proposals, DCAA re-scrutinizes FPRPs as part of an overall estimating system audit. Join our experts for this one-hour webinar - part of a larger webinar series focused on government audits - to discuss common forward pricing rate audit challenges and findings, strategic risk mitigation options, and tactical tips and tricks to ensure a successful audit. Learning Objectives:  The purpose and intent of forward pricing rates, and the focus of government audits  Who performs these audits, with a primary focus on the Defense Contract Audit Agency  Recent areas of attention and common challenges contractors face during FPRP and proposal audits  How estimating business system audits intersect with and are impacted from FPRP audits  Strategies for managing and addressing audit requests  Key estimating process risk areas and how to mitigate them

This webinar series explores DCAA audits both prior to contract award, as well as during and after contract performance. Presented from the point of view of a government contractor, our goal is to help you understand DCAA's audit objectives, techniques, and areas of audit emphasis

This session provides guidance on what to expect before, during, and after a DCAA Incurred Cost Proposal (ICP) audit. Along with covering the typical ICP audit process, we explore the normal areas of focus for DCAA, expected DCAA data requests and their purpose, typical DCAA findings and potential responses to those findings, as well as some best practices to avoid common pitfalls during the audit process. Learning Objectives:  Brief overview of the ICP and its purpose  DCAA selection criteria for ICP audits  Understanding the difference between an adequacy review vs. a full audit  Common DCAA data requests to expect and the rationale behind them  Common DCAA findings  Tips on how to defend against findings, particularly questioned costs  Most common challenges contractors face during an ICP audit and tips on how to overcome them

The session provides guidance on how to navigate a DCAA accounting system audit. The webinar takes a lifecycle approach. It begins with understanding the different accounting system and associated audit requirements, to supporting the audit process, through audit reporting and corrective action. This course emphasizes the practical realities of an accounting system audit by offering tips and tricks to get out in front of audit findings, managing auditor/auditee relationships, avoiding common pitfalls, and facilitating timely corrective action if adverse audit findings surface. Learning Objectives:  High-level overview of the accounting system requirements  Understanding and differentiation of accounting system audit types and associated approaches  Developing strong working relationships with DCAA  Common DCAA data requests to expect and the rationale behind them  Sensitive areas and common contractor pitfalls during accounting system audits  Tips and tricks to get in front of potential audit findings and facilitate timely corrective action

The session provides an overview of the cost impact process, with a specific focus on the parties involved in the review and audit, along with expectations from DCAA. We will discuss the factors that contribute to a cost accounting practice change and the requirements to submit a Cost Impact, including identifying the change, determining the impact population, calculating the impact and driving toward resolution. We will touch on many of the key deliverable expectations included in DCAA's Cost Impact Adequacy Tool and likely areas of emphasis during the audit. Learning Objectives:  Overview of the Cost Impact process, including parties involved  Characteristics of a Cost Accounting Practice Change  Understanding the difference between a General Dollar Magnitude and a Detailed Cost Impact  Common risk factors to think about that may be raised during a Cost Impact proposal audit  Overview of DCAA's Cost Impact Adequacy Tool

This session will be the first session, held in two parts and focuses on the federal labor compliance regulations included within specific federal funding opportunities. Government contractors face increased requirements to pay their workers a minimum stipulated wage and fringe benefit rate per hour. This session will provide an overview of each regulation's requirements including determining the applicability or coverage at the contract and employee levels, wage determinations, and violations. Learning Objectives: By the end of this session, attendees will be able to:  Understand the basic requirements within the Service Contract Labor Standards, Davis Bacon and Related Acts, and the Walsh Healy Act  Know how to determine coverage at the contract and employee level

This 3-part series covers compliance with prevailing wage and apprenticeship requirements as outlined by the FAR, DOL, and IRS. You'll learn industry best practices and gain insights into the people, processes, and technology essential for demonstrating regulatory compliance effectively and competitively.

Many Federal contractors initially find Cost Accounting Standards to be difficult to understand and navigate. Our experts break down the requirements so each participant can understand:  What is CAS?  When does it apply?  What is a Disclosure Statement? This session will discuss modified vs. full CAS coverage and will also provide a high-level overview of the standards by grouping and the connection between CAS requirements and the Federal Acquisition Regulation (FAR). Learning Objectives  What are the differences and requirements for Standard, Quick, and Early contract closeouts.  What are the eight steps for a Standard Closeout Contract Complete, Verification Forms, Reports, Resolution of Outstanding Issues Final Payment De-obligation of funds Completion Statements Past Performance File Disposal  What are the basic problems that are being experienced at every step.  How can those problems be addressed.  Why quick closeouts are popular in 2024 and the impact that that process is having on the backlogs

This 3-part webinar series will cover the overview and applicability, impact on your business segments and what is required if you want to make cost accounting practice changes. Additionally, we have included case studies to provide participants with hands on experience.