Weekly Email
Schedule
Contact
Cart
Login
Corporate Solutions
Corporations
FPS Corporate Solutions
empower prime and subcontractor organizations to take a more strategic and planned approach to the critical task of government contract compliance training.
Government Agencies
Invest in your agency's success with
FPS Corporate Solutions
government contracts training. We'll equip your team with the essential skills and knowledge to navigate complex regulations.
Small Businesses
FPS Corporate Solutions
for Supply Chain and Small Businesses provides industry-leading training at a low price for SBA 8(a), Native American, VOSB, HubZONE, and International Concerns.
Non-Profits
FPS Corporate Solutions
can package training for contract managers, grants administrators, attorneys, finance and more for research institutions, universities, and state governments.
Products
Events
Spend 1 to 5 days immersed in government contracting topics and networking.
Classroom Courses
Scheduled year-round, these courses offer you a hands-on way to learn.
Virtual Courses
Attend courses live in a virtual classroom providing real-time interaction with instructors.
Webinars
FPS Webinars bring you quality training in an easily digestible 1- 2-hour webinar format.
Certificate Programs
Build expertise in specialized areas - update your professional profile; advance your career.
Custom In-House
Bring training onsite for your team for a completely relevant and focused course experience.
Learning Resources
Connect
A repository of "just-in-time" informal learning resources critical to the government contractor.
How Can We Help?
Find answers to the most commonly asked questions right here.
Learning Paths
Career growth and excellence depend on continuous development. FPS provides learning paths for federal contractors of all levels.
Customer Stories
FPS empowers thousands of customers with high-quality, impactful, and effective learning experiences. Hear what they're saying.
Credentialing
Accreditation
Federal Publications Seminars offers Continuing Legal Education (CLE) credit US states that have mandatory CLE requirements, along with Continuing Professional Education (CPE) / NASBA credit. In addition, we are a provider of CLP credit, required by the Defense Acquisition Workforce.
Digital Badging
Digital badging is a modern way to display your achievements. FPS has partnered with Credly to provide you with a digital version of your credentials. You can earn FPS/Credly Digital Badges for select FPS courses and ALL FPS Certificate programs.
CMBOK
FPS proudly embraces the National Contract Management Association's (NCMA) ANSI Approved Contract Management Standard™ (CMS™) and the Contract Management Body of Knowledge (CMBOK®) as the cornerstone for hiring, career development, and training of contract management professionals.
Company
About Us
FPS offers the highest quality government contracts training in the industry - to help organizations stay current, compliant, and competitive.
Sponsorship
Partner with FPS to expose your brand, industry knowledge, and thought leadership to our government contracting professional communities.
Who We Work With
FPS serves government contractors, government agencies, accounting & consulting firms, non-profits, and more.
Newsroom
News and press releases from around the Federal Publications Seminars world.
Subscribe
Professional
Premium
OnePass
Unlimited access to all webinars, and more
for 1 year.
(12 months from the date of purchase)
Unlimited access to ALL FPS Online content including virtual courses, webinars and more
for 1 year.
(12 months from the date of purchase)
Unlimited access to ALL classroom and virtual courses, events, webinars, certificates and more
for 1 year.
(12 months from the date of purchase)
$895.00
/ year / person
Learn More
Group Quote
$2,195.00
/ year / person
Learn More
Group Quote
$3,195.00
/ year / person
Learn More
Group Quote
Professional
Unlimited access to all webinars, and more
for 1 year.
(12 months from the date of purchase)
$895.00
/ year / person
Learn More
Group Quote
Premium
Unlimited access to ALL FPS Online content including virtual courses, webinars and more
for 1 year.
(12 months from the date of purchase)
$2,195.00
/ year / person
Learn More
Group Quote
OnePass
Unlimited access to ALL classroom and virtual courses, events, webinars, certificates and more
for 1 year.
(12 months from the date of purchase)
$3,195.00
/ year / person
Learn More
Group Quote
Schedule
Contact
Cart
Login
Sign Up For Our Weekly Emails
Get the latest updates on special offers, courses, events, webinars and books from Federal Publications Seminars.
First Name
Last Name
Email
Phone
Title
Organization
Areas of Interest
Accounting, Costs and Pricing
Advanced Topics
Artificial Intelligence
Business Development
Compliance
Construction Contracting
Cybersecurity
FAR
Government Contracting
Grants
Intellectual Property
International Contracting
Personal Development
Small & Medium Businesses
Subcontracting
Sign Up
Thank You
You'll soon be receiving updates about special offers, events, & more.
Get 10% Off Your Next Purchase
Sign Up For Our Emails
Email
Name
Title
Organization
Sign Up
Thank You
You'll soon be receiving updates about special offers, events, & more.
Cart
Home
>
Virtual
>
Browse
>
Accounting Compliance - Training Academy Session V...
>
On-Demand Session
Accounting Compliance - Training Academy Session Virtual - August 2024 - Session 2
Learn More
Topics
Accounting, Costs and Pricing
Advanced Topics
Artificial Intelligence
Business Development
Compliance
Construction Contracting
Cybersecurity
FAR
Government Contracting
Grants
Intellectual Property
International Contracting
Personal Development
Small & Medium Businesses
Subcontracting
Dates
December 2024
January 2025
February 2025
March 2025
April 2025
May 2025
June 2025
July 2025
August 2025
September 2025
October 2025
Roles
Director of Contracts
New to Government Contracting
Accountant
Sales and Business Development
Contract Administrator
Counsel
Auditor
Subcontract Administrator
Contract Manager
Procurement Officer
CFO
Grants Administrator
Situations
Earn CLE/CPEs
Get Started in Government Contracting
Train My New Hires
Train My Team
Share This
3 hours
This is part 2 of a 2-part Training Academy Session focused on Accounting Compliance.
What you will learn in this Training Academy Session:
This foundational introduction into the requirements of federal government accounting will guide both contractors and agencies through the steps necessary to ensure that their contracts are supported by proper accounting systems. You will:
Gain insights and knowledge on accounting compliance
Develop an understanding of regulatory efforts
Understand compliance in Cost Accounting
AGENDA -
Introduction to Regulatory Environment
Acquisition Cycle
The Regulatory Environment
Bid Proposals and Contract Award
Contract Performance and Closeout
Foundation Expectations of Government in Accounting Systems
Main Players in Acquisition Process
Procuring Contracting Officer (PCO)
Administrative Contracting Officer (ACO)
Defense Contract Audit Agency (DCAA)
Inspector General (IG)
Key Regulations Affecting Cost Accounting Systems
FAR Part 9 Contractor Qualifications
FAR Part 15 Contracting by Negotiations
FAR Part 16 Contract Types
FAR Part 31 Cost Principles
FAR Part 32 Contract Financing
Cost Accounting Standards (CAS)
Truth-in-Negotiations Act (TINA)
SF1408 (Standard Form 1408)
Establishing an Adequate Cost Accounting System
General Ledger Controls & Requirements
Subsidiary Systems Expectations
Chart of Accounts
Reconciliation Processes
Financial Monitoring including Profitability Evaluation
Basic Job Cost Accounting Expectations
Cost Segregation by Contract
Project Cost Ledger System
Tracking Unallowable Costs
Transaction Traceability to Subsidiary Ledgers
Requirements of SF 1408
Specific Cost Accounting Provisions
Direct vs. Indirect Costs
Accounting for Unallowable Costs
This 2-part Training Academy Sessions covers the following topics:
The Regulatory Environment
Key Regulations Affecting Cost Accounting Systems
FAR Part 9 Contractor Qualifications
FAR Part 31 Cost Principles
Cost Accounting Standards (CAS)
Truth-in-Negotiations Act (TINA)
Establishing an Adequate Cost Accounting System
NOTE: On-Demand Virtual Course sessions are not eligible for CLE/CPE credits.
About Our Experts
Courtney Edmonson
CPA, CEO, Redstone Government Consulting
Courtney has extensive experience with Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS) compliance, evaluation and preparation of Cost Presentations, cost accounting systems setup and reviews, and policy and procedure preparation. Prior to joining Redstone Government Consulting, Courtney served as a financial statement auditor for large and mid-tier government contractors.
Courtney works with small and large contractors in pro-actively preparing contractors for government contracts challenges as well as resolving complex DCAA and government procurement issues. Courtney’s expertise includes establishing and/or evaluating job cost accounting structures; management and preparation of complex incurred cost and forward pricing rate proposals; evaluation of internal controls most often evaluated by DCAA to include billing and estimating systems; preparation/evaluation of policies and procedures; development of cost allowability evaluation programs, and; preparation of corrective action plans for overcoming DCAA audit findings.
Courtney is a lead instructor for the Federal Publication Seminars course, “Government Contractor Accounting System Compliance”, and provides class instruction for other compliance courses and webinars such as “Preparation of Incurred Cost Submissions”, “Cost Accounting Standards”, and “Cost and Price Analysis”.
Ms. Edmonson earned a Bachelor of Science Degree from Jacksonville State University and obtained her Master of Accountancy Degree from the University of Alabama in Huntsville, Alabama.
John C. Shire
Director, Redstone Government Consulting, Inc.
John is a Director with Redstone Government Consulting, Inc. providing government contract consulting services to our clients primarily related to the DFARS business systems, CAS Disclosure Statements, and DCAA/DCMA compliance preparation, advisory, and defense. Prior to joining Redstone Government Consulting, John served in a number of capacities with DCAA/DCMA for more than 30 years. Upon his retirement, he was based in Texas as an SES-level Corporate Audit Director for DCAA, managing a staff of 300 auditors at one of the largest DOD programs.
John began his career in the late 80s working in the Clearwater, FL audit office and over the next three decades he progressed through a number of positions within both DCAA and DCMA with career highlights as DCAA Program Manager at Ft. Belvoir, Chief of Technical Programs Division, Deputy Assistant Director-Policy, Director of the DCMA Cost and Pricing Center, the SES-level Lockheed Martin Corporate Audit Director, and Director of Integrity and Quality Assurance.
John’s three decades of experience in performing and leading DCAA auditors and DCMA reviewers provides a wealth of expertise to our clients. John’s role, not only in the performance of audits, but also in the development of audit policy affords him unique insights into the defense of audit findings and the linkage of audit program steps to the underlying regulatory framework. He is an expert in FAR, DFARS, and other agency acquisition regulation, as well as a subject matter expert in the Cost Accounting Standards having reviewed and provided audit feedback on many of the largest and most complex cost accounting practices during his tenure with the DCAA.
John’s tenure with DCAA and DCMA came at a critical time during each agency’s history where a number of changes were occurring such as the response to the ICS backlog, development of audit approaches to the DFARS Business Systems and implementation of new audit initiatives as a result of Congressional oversight through the NDAA process. John’s leadership at the DCMA Cost & Pricing center saw oversight of all major DOD pricing actions, leadership of should cost review teams, the Commercial Pricing group and many other areas of strategic value to our clients. His involvement in these and other Agency initiatives is of great value to our clients due to his in depth understanding of DCAA and DCMA’s internal policy directives.
John holds a Master of Business Administration and a B.A. in Accounting from the University of South Florida.
Certifications
Certified Information Systems Auditor
In-House
Bring Federal Publications Seminars to your location! If you would like to offer this course in-house, please contact us.
Schedule Training
Schedule Training
Fill out this form and someone from FPS will contact you shortly. You can fill out as much or as little information as you would like. Prefer to talk to us? Call 888.865.9082.
First Name
Last Name
Email
Phone
Title
Organization
Delivery Preferences
In House
Pre-Recorded Online
Live Webinar
Multi-Location
Blended Classroom & Online
Topics of Interest
Accounting, CAS, Costs or Pricing
Business Systems
Capture Planning and Business Development
Construction Contracting
Cybersecurity
Federal Grants
Government Contracting
Intellectual Property in Government Contracting
International Contracting and Export Controls
Subcontracting and Supply Chain Management
Comments
Request a Quote
Thank You
You will be contacted shortly.
CMBOK Alignments
Bring Federal Publications Seminars to your location! If you would like to offer this course in-house, please contact us.
Leadership
Character
Collaboration
Competence
Emotional Intelligence
Vision
Management
Business Management
Change Management
Financial Management
Project Management
Risk Management
Supply Chain Management
Guiding Principles
Communication and Documentation
Contract Principles
Regulatory Compliance
Situational Assessment
Skills and Roles
Standards of Conduct
Team Dynamics
Pre-Award
Plan Sales
Plan Solicitation
Prepare Offer
Request Offers
Award
Manage Disagreements
Plan Negotiations
Price or Cost Analysis
Select Source
Post-Award
Administer Contract
Close Out Contract
Ensure Quality
Manage Changes
Manage Subcontracts
Learn
Continuous Learning
Individual Competence
Organizational Capability