DCAA Audits Webinar Series

Request Group Quote

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 651.666.2030.

First Name

Last Name

Phone

Organization

Title

Number of Prospective Users

Comments

Submit

Thank You

You will be contacted shortly.

1 hour

This is session 4 of 4 in the FPS DCAA Audits Webinar Series.

The session provides an overview of the cost impact process, with a specific focus on the parties involved in the review and audit, along with expectations from DCAA. We will discuss the factors that contribute to a cost accounting practice change and the requirements to submit a Cost Impact, including identifying the change, determining the impact population, calculating the impact and driving toward resolution. We will touch on many of the key deliverable expectations included in DCAA’s Cost Impact Adequacy Tool and likely areas of emphasis during the audit.

Learning Objectives:

Overview of the Cost Impact process, including parties involved
Characteristics of a Cost Accounting Practice Change
Understanding the difference between a General Dollar Magnitude and a Detailed Cost Impact
Common risk factors to think about that may be raised during a Cost Impact proposal audit
Overview of DCAA’s Cost Impact Adequacy Tool

This webinar is sponsored by

About Our Experts

Drew Lewis

CPA, CFE, Director, Baker Tilly

Drew is a director in Baker Tilly’s Government Contractor Solutions practice. He has been with the firm since early 2012 and began his career with the Defense Contract Audit Agency (DCAA) working primarily with a multibillion-dollar contractor and providing various types of audit functions throughout the contracting lifecycle. He also has broad knowledge of rules and regulations surrounding the FAR, DFARS, CAS, and TINA. Drew is a licensed Certified Public Accountant in the Commonwealth of Virginia and a licensed Certified Fraud Examiner through the Association of Certified Fraud Examiners.

Bachelor of Science, Accounting
Liberty University
Shannon Ridge

Manager, Baker Tilly

Shannon Ridge is a Manager in Baker Tilly’s Government Contract Advisory Services practice and has been with the firm since 2016. Shannon assists clients with a broad range of government contract matters, from Federal Supply Schedule contracting to cost accounting and compliance issues. She has worked extensively in indirect cost rate structuring and modeling, measuring cost impacts under the Cost Accounting Standards, preparing external restructuring proposals and reviewing contractor business systems for compliance with regulatory criteria.

Shannon is an alumnus of the Robert H. Smith School of Business at the University of Maryland College Park with a BS in Finance and Marketing.

In-House

Bring Federal Publications Seminars to your location! If you would like to offer this course in-house, please contact us.

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.