A CohnReznick Advisory and Contract Audit collaborative view of how to reduce compliance risk in U.S. Government reporting. We will look specifically at a selection of the Defense Contract Audit Agency's (DCAA) audit requirements and discretionary audits through the lens of identifying risk. DCAA's Audit Plans can provide valuable insights into many of the risk analytics that you can understand and perform to get a step ahead. We will share some of our most memorable findings, insights, and techniques from both the preparation and audit points of view. Learning Objectives:  Gain a basic understanding of the regulatory requirements.  Gain a in depth understanding of select DCAA Audit Plans and discretionary audit requirements.  Obtain a usable framework to guide internal risk assessment and analysis prior to U.S. Government reporting.

This session will discuss the impact of estimating systems on the accounting and pricing functions. We will cover the Estimating System adequacy criteria contained in the DFARS business systems rule, material weaknesses and significant deficiencies, cost vs. price analysis, basis of estimate (BOE), and what DCAA looks for in the audit process. Learning Objectives: By the end of the webinar you should be able to:  Understand cost estimating system requirements and how they are implemented;  Identify where to locate specific DCAA audit programs which relate to estimating;  Maintain up-to-date information of the threshold for obtaining certified cost or pricing data;  Describe multiple forms of acceptable cost or pricing data and when certification is required;  List the basic Basis of Estimate (BOE) components and develop an estimating technique; and  Understand common estimating challenges.

Are you a government contractor looking to ensure compliance with federal regulations? Join our comprehensive webinar, "Navigating Cost Allowability for Government Contractors," designed specifically for professionals like you who need to understand the complexities of cost allowability. In this session, you'll learn:  What are Allowable Costs? Understand the distinction between allowable and unallowable costs according to the Federal Acquisition Regulation (FAR) Part 30 and Part 31.  Compliance Essentials: Discover the general policies and procedures contractors can use to properly track costs, ensuring full compliance with federal standards.  Best Practices for Contractors: Learn actionable best practices that will help your organization avoid non-compliance issues and streamline your financial management processes. Failing to grasp the nuances of cost allowability can lead to complications and regulatory lapses. This webinar will provide you with the knowledge and tools needed to maintain compliance and effectively manage your costs. Join us to gain valuable insights and practical advice that will enhance your understanding of government procurement rules and make cost allowability a seamless aspect of your business operations. Reserve your spot today and stay ahead of the curve in government contracting!

With today's ever-changing regulatory landscape affecting Government contractors, understanding and managing flowdowns presents significant challenges, with consequences that reach beyond subcontract compliance to every part of a contractor's business. From negotiating clauses with the Government, to identifying mandatory (versus non-mandatory/optional) FAR and agency flowdowns and negotiating them with subcontractors, to managing subcontractor implementation of flowdowns and monitoring, managing flowdowns can literally make or break a project. Accordingly, understanding flowdowns and applying best practices when applying them are of paramount importance to effective and successful subcontract management. This webinar with provide an overview of best-in-class approaches to developing and managing flowdowns. As a part of this session, Jeffery A. White, Stephen Hall, and Randy Shelby will introduce J.A. White & Associates, Inc.'s automated flowdown development platform and compare it against traditional approaches to developing flowdowns.

As a contractor, you may be subject to certain requirements related to your accounting system. This program will cover the Pre-Award Survey (Standard Form 1408) as well as the DFARS Accounting System Rule including Timekeeping, Labor Distribution and Billing. Learning Objectives: By the end of the webinar you should be able to:  Understand a pre-award accounting system survey and its purpose in the federal-award process;  Identify the objective of the accounting business system and its common criteria;  Apply the accounting system adequacy attributes to real-world examples;  Recognize which accounting subsystems are covered in the Defense Contract Audit Manual (DCAM); and  Be aware of potential issues when implementing new accounting systems.

2 CFR 200 Uniform Grants Guidance governs the administration of awards of federal financial assistance. Organizations operating under such awards are required to meet certain financial, accounting, and compliance requirements applicable to those federal funds even when they are embedded in state or local grants. Join us to learn how to navigate these requirements, and if you're already familiar with 2 CFR 200 Uniform Guidance, learn about the updates to those requirements that go into effect on October 1st. Designed for government contractors, nonprofits, and educational entity representatives in the areas of finance as well as legal and risk management professionals, this webinar will cover:  Overview of 2 CFR 200 requirements and October 1 updates  Audit Readiness  Common pitfalls  Compliance and reporting best practices

Subcontractor management is a growing challenge as the government is increasingly offering larger and more complex contracts that require more partnerships and teaming to win. Establishing a streamlined, efficient process not only saves you money, it improves your reputation and relationships with other contractors - allowing you to grow faster and compete with more agility in the future. Join our expert panel to discuss the strategies, processes, and technology that can help our industry rise to meet this challenge. Learning Objectives:  Understand the changes in contract structure that are increasing the need for subcontractors  Identify the challenges for scaling subcontractor management  Discover new best practices, processes, and technologies to help automate and manage more subcontractors efficiently

Indirect Costs refer to the cost associated with running the business and supporting direct projects, but cannot themselves be defined as direct costs (e.g. finance, legal, facilities, IT, fringe benefits). The Federal Government allows for reimbursement of these costs and contractors have flexibility in how their indirect costs are structured and applied to direct contract costs. Throughout the contract life cycle and fiscal year, there are several types of indirect rate calculations used. In this program, you will learn about indirect rate structures, the Forward Pricing Rate Proposal (FPRP), DCAA's FPRP Checklist, billing rates and the final indirect cost rate proposal process. Learning Objectives: By the end of the webinar you should be able to:  Differentiate between direct and indirect costs using real examples;  Define two-tier and three-tier rate structures;  Identify three types of G&A allocation bases;  Understand the Forward Pricing Rate Agreement process; and  Determine when an Incurred Cost Proposal (ICS) is appropriate and how it is utilized.

Regulatory compliance in government contracting is ever-evolving. Legislation, rule-making, regulation, and agency-specific procedures require contractors to stay informed about changes. Join JAMIS Software guest presenters from Capital Edge Consulting and Berenzweig Leonard as they review the latest updates and challenges affecting government contractors. Topics include: 1. Regulatory update on cost & pricing included in the 2025 NDAA (House and Senate) 2. Update on Notice of Advance Rule Making, Cost Accounting Standards (CAS): IDIQ contracts, elimination of CAS 408 and CAS 409 3. August 1, 2024, DoJ new/updated Corporate Whistleblower Award Program 4. Regulatory update on the Pilot Program on Payment of Costs for Denied GAO Bid Protests included in the 2025 NDAA (House) 5. Loper Bright's impact on how the FAR Council will implement the 2025 NDAA 6. Implications of Loper Bright on government contracts litigation Learning Objectives: Upon completion of this webinar, participants will be aware of recent legislative, regulatory, and DCAA audit guidance actions affecting government contract compliance and will be able to identify challenges for the remainder of the year and beyond.

The USG acquisition cycle tends to be longer and more complicated than the commercial sector. FAR and CAS introduce requirements for more granularity in our cost accounting and pricing. These requirements breed plenty of confusion and are often miscalculated. Common questions arise, such as:  What's the difference between selling and B&P costs  Why does it matter  When does selling end and B&P begin  Why must all contractors measure B&P according to CAS 420 In this session, we'll walk through the capture process and relate each selling gate to the applicable regulations. Learning Objectives: This session will eradicate the common misconceptions the Government contractor community encounters as we elucidate the applicable contract cost principles and CAS requirements.