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1 hr, 30 mins
This is session 7 of 9 in the Procurement University webinar series.

As a contractor, you may be subject to certain requirements related to your accounting system. This webinar 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.

About Our Experts
  • Tony Worick
    Partner, Capital Edge Consulting
    Tony Worick is a Partner at Capital Edge Consulting, where he specializes in helping businesses navigate and succeed in working with the United States Government. With extensive experience with large aerospace and defense contractors and aiding commercial companies in establishing public sector ventures, Tony leverages his expertise in Federal Acquisition Regulation (FAR), Cost Accounting Standards (CAS), and Defense Federal Acquisition Regulation Supplement (DFARS) to drive business growth and compliance.

    Tony's comprehensive approach includes establishing robust internal control frameworks, continuous risk and control monitoring, and providing actionable recommendations to ensure compliance and business continuity. His clients span various industries, including aerospace, biotech, defense, energy, healthcare, IT, intelligence, and manufacturing. Tony's in-depth knowledge of DCAA audit methodologies has contributed to numerous successful government business system audits. Additionally, he supports clients through large-scale transformations, deals due diligence, and integration plans, ensuring seamless operations and compliance throughout acquisitions involving government contracts.
    Tony graduated from Creighton University with a Bachelor of Science in Business Administration, with a major in Accounting.
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