This is session 1 of 2 in the 2021 Government Contract Accounting & Regulatory Update virtual event.

This virtual conference will address the emerging issues related to government contracting finance, compliance, and regulations. You will have the opportunity to hear from leading financial executives, Federal Government representatives, practicing attorneys and consultants. Get an accelerated review and analysis of new developments in government contract financial management and their impact on 2021. 

Learning Objectives for Session 1

Legal Issues and Case Law Updates
Discussion of the latest legal decisions impacting the industry and how these cases impact your business. Learning Objectives:

• Discuss and understand how DCAA has changed its policies and audit programs
• Identification and Treatment of Directly Associated and Expressly Unallowable Costs
• Update on preparing a CAS Cost Impact Proposal. FAR vs CAS implications

Government Contract Compliance in COVID-19 Environment
Discuss compliance related to COVID and Reimbursements

• COVID-19 Reimbursements and other REA’s / Claims
• Allowable cost and supporting documentation requirements

Learning Objectives:
Understand challenges facing both DCAA and contractors during virtual audits and how to satisfy data requests and expectations for a successful outcome.

Adequate Cost & Price Analysis and Commercial Item Determinations
While the threshold for certified cost or pricing data has increased, so have the requests for cost data below the threshold. We will discuss what is driving these requests for data and how to adequately support your proposal to the Agency or prime contractors. Learning Objectives: 

• Requirements for Cost and Price analysis
• Apply and understand new Commercial Item Group policies to test and support commercial item assertions

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The 2021 Government Contract Accounting and Regulatory Update is co-chaired by Capital Edge Consulting and Federal Publications Seminars.

Capital Edge consultants combine their unique backgrounds and experience in consulting, public accounting, industry, and DCAA to provide you with unmatched government contracting expertise. Learn more at capitaledgeconsulting.com.

 

NOTE: On-Demand Virtual Course sessions are not eligible for CLE/CPE credits.