Live Webinars

Apr 3, 2025
11:00 AM-12:30 PM EDT

Exempt Employees and Compensated Absences - Session 1 - Govt Contracts Workforce Mgmt Challenges Series 2025

Government Contracts Workforce Management Challenges Webinar Series - 2025

The first session will preview the web series, establish the foundation and connectivity of the four topics, and dive into our first subject, unlimited PTO. As many organizations shift to unlimited PTO, we'll define what it is and the workforce implications. Next, we'll consider the unique challenges presented to Government contractors. In cost-based acquisition, compensation is governed by FAR Part 31 and, for some CAS 408, among other regulatory requirements. We'll look at the accounting, reporting, and documentation requirements that may impact both financial accounting and a contractor's cost accounting practices.

CPE, CLE

Live Webinars

Apr 3, 2025
2:00-3:30 PM EDT

Government Contract Accounting and Pricing Foundation - Session 1 - Procurement University 2025

Procurement University - 2025

In this session, we will introduce the students to the federal marketplace, the acquisition process, and the regulatory environment that surrounds it all. We will examine the various procurement vehicles that contractors utilize to fulfill their obligations to the US Government. We will also guide students through contract pricing and cost allowability to protect the interests of both the contractor and the federal government as well as help the contractor recuperate the costs associated with each contract. Learning Objectives: By the end of the webinar you should be able to:  Have a basic understanding of the federal acquisition process;  Understand the regulatory environment that surrounds the federal marketplace;  Identify the various procurement methods and contract types;  Determine the allowability of contract costs; and  Recognize the principles of contract pricing and the techniques of determining a fair and reasonable price.

CPE, CLE

Live Webinars

Apr 10, 2025
11:00 AM-12:30 PM EDT

Remote Work and Return to Office Challenges - Session 2 - Govt Contracts Workforce Mgmt Challenges Series 2025

Government Contracts Workforce Management Challenges Webinar Series - 2025

Navigating the pandemic, most organizations know that remote workers supporting or allocating costs to Government contracts are subject to substantiation and oversight. Given labor costs are generally the most significant cost incurred under Government contracts we'll summarize the documentation, reporting, and auditor oversight requirements. Then, we'll tackle some of the return-to-office challenges such as: policy/plan updates, travel time compensation, unoccupied facilities, and other questions regarding flexible work and Government contract implications.

CPE, CLE

Live Webinars

Apr 17, 2025
11:00 AM-12:30 PM EDT

Facilities Management - Balancing Footprint and Occupancy - Session 3 - Govt Contracts Workforce Mgmt Challenges Series 2025

Government Contracts Workforce Management Challenges Webinar Series - 2025

Workforce flexibility impacts an organization's facility occupancy, management, and cost recovery. Given these changes in the workplace, contractors are seeing increased scrutiny on facilities management and utilization. Often, the scrutiny results in questioned costs in their final rate submissions under FAR 31.205-17- Idle facilities and idle capacity and FAR Part 31.201-3, reasonableness. Documentation is key to demonstrating mitigation strategies undertaken by the contractor and optimizing cost allowability. In this session, participants will become familiar with the requirements and common mitigation approaches to facility compliance with the contract cost principles.

CPE, CLE

Live Webinars

Apr 24, 2025
11:00 AM-12:30 PM EDT

Uncompensated Overtime - Opportunities and Pitfalls - Session 4 - Govt Contracts Workforce Mgmt Challenges Series 2025

Government Contracts Workforce Management Challenges Webinar Series - 2025

Our final session, we'll discuss "uncompensated overtime," sometimes called green time or competitive time. It is essential for Government contractors to understand the concept of uncompensated overtime. Uncompensated overtime may impact contract pricing, contract accounting, and contract reporting. Noncompliances with the requirements may lead to over/under absorption of cost, defective pricing allegations, and FAR and CAS non-compliances. Join us as we clarify the confusion surrounding uncompensated overtime. We will explain the terminology and circumstances in which it may occur. Next, we'll illustrate pricing and accounting implications with examples and explore strategies to ensure accurate cost calculations for accounting and pricing while avoiding potential compliance issues.

CPE, CLE

Live Webinars

May 1, 2025
2:00-3:30 PM EDT

Truthful Cost or Pricing Data - Session 2 - Procurement University 2025

Procurement University - 2025

A negotiated contract (or procurement) allows the government to select a contractor based on criteria other than solely a formal price competition. The FAR provides guidance for conducting these types of procurements and the contract types that can be used by both the federal government and its contractors (e.g. fixed price, incentive, or cost-reimbursement). In this session, learn how these types of contracts can be both a challenge and an opportunity for contractors and about the extra steps necessary to justify the proposed price. Learning Objectives: By the end of the webinar you should be able to:  Differentiate between cost and price analysis and understand the appropriate times to apply each method;  Define cost or pricing data, certified cost or pricing data, and data other than cost or pricing data;  Understand defective pricing and how to prevent it; and  Utilize the six-step process to develop a compliance process that fits the needs of your firm.

CPE, CLE

Live Webinars

May 7, 2025
1-2 PM EDT

DCAA Forward Pricing Rate Audits - Session 1 - DCAA Audits Series 2025

DCAA Audits Webinar Series - 2025

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

CPE, CLE

Live Webinars

May 13, 2025
12-1 PM EDT

Mastering Contract Management - Leveraging Accounting Practices for Optimal Results

Contracts and Accounting often operate independently within contract management, leading to inefficiencies and labor-intensive data gathering for project reporting, Incurred Cost Submission preparation, and contract closeouts. In this session, we will identify common inefficiencies and discuss streamlined processes to provide accurate data without manual intervention. We will explore:  The impact of FAR clauses on both Contracts and Accounting  The use and maintenance of contract briefs to keep data current  The effect of new revenue recognition requirements on project reporting  The benefits of using contract budgets for the entire company  The necessary data for preparing accurate Incurred Cost Submissions and ensuring thorough contract closeouts Through examples of inefficiencies and manual processes, we'll provide recommendations for improvements. We encourage attendees to share their experiences with gaps in their current processes and discuss strategies they have implemented to improve efficiency. This interactive session aims to foster a collaborative environment where you can learn from industry peers and experts.

CPE, CLE

Live Webinars

May 14, 2025
1-2 PM EDT

DCAA Incurred Cost Proposal Audits - Session 2 - DCAA Audits Series 2025

DCAA Audits Webinar Series - 2025

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

CPE, CLE

Live Webinars

May 21, 2025
1-2 PM EDT

A Practical Guide to DCAA Accounting System Audits - Session 3 - DCAA Audits Series 2025

DCAA Audits Webinar Series - 2025

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

CPE, CLE