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DCAA Contractor Business Systems and Internal Cont...
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Live Session
DCAA Contractor Business Systems and Internal Controls - Live Virtual Course November 2024 - Day 1 PM Session
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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
October 2024
November 2024
December 2024
January 2025
February 2025
March 2025
Roles
Accountant
Auditor
CFO
Contract Administrator
Counsel
Director of Contracts
New to Government Contracting
Contract Manager
Procurement Officer
Sales and Business Development
Subcontract Administrator
Grants Administrator
Situations
Earn CLE/CPEs
Get Started in Government Contracting
Train My New Hires
Train My Team
CPE, CLE Accredited
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This is session 2 of 4 in the DCAA Contractor Business Systems and Internal Controls virtual course.
This virtual course focuses on the development of internal controls for compliance with the DFARS defined Business Systems: Accounting, Estimating, Material Management and Accounting System (MMAS), Earned Value Management (EVM), Purchasing, and Property. The course emphasizes the role of the Defense Contract Audit Agency (DCAA) in auditing and evaluating contractors’ internal controls. In fact, DCAA has continuously developed new audit programs for assessing contractors’ compliance with the detailed requirements of the DFARS. This has been an evolution that has resulted in shifting emphases by DCAA up to and including the present time. The Defense Contract Management Agency (DCMA) has similarly adjusted its review criteria as well.
The instruction provides recommended and proven approaches to develop, maintain, and monitor internal business system controls for compliance with Government contract requirements including FAR and DFARS business system requirements. This course is recommended for those individuals who have a fundamental or better background in negotiated government contracting, and government contract regulatory compliance related responsibilities. It will benefit individuals with responsibilities for developing and conducting internal compliance audits and oversight reviews as well as contractors who wish to establish, improve or update existing systems of internal controls. Overall, this course will enhance skills in government contract compliance risk management.
Who should attend:
Compliance Professionals
Audit and Internal Controls Professionals
Finance and Accounting Professionals
Small Business professionals
Prime Contractors
Contract Managers and Administrators
Senior Level Contracts Professionals
Learning Objectives:
After completing this course, you will be able to:
Understand the nature and intent of business systems compliance requirements
Create Internal control risk management and compliance models
Develop Inter-relationships between accounting and other related systems
Understand The types of compliance internal controls
Recognize indicators of risk/vulnerability and potential non-compliance in business systems
The adequacy qualities, government oversight approaches and significant compliance issues related to various business systems.
This live virtual course is eligible for both CLE and CPE credit.
NOTE: CPE/CLE credit for attendees are subject to participation and approval by the governing boards.
NASBA CPE ACCREDITATION INFORMATION
Learning Level: Beginner
Prerequisites: None
Field of Study: Specialized Knowledge
Delivery Method: Group Internet Based
For more information regarding administrative policies such as refunds, cancellations and complaints, please contact Federal Publications Seminars at 888.494.3696.
West Professional Development is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:
www.nasbaregistry.org
.
About Our Experts
Chad Braley
CEO and National Managing Partner, Capital Edge Consulting
Chad Braley is the Chief Executive Officer and Founder of Capital Edge Consulting, Inc. Since its inception, Capital Edge has grown into the country’s leading firm, focusing solely on serving both foreign and domestic contractors who do business with the US Government.
Chad’s areas of expertise include the Cost Accounting Standards (CAS), Federal Acquisition Regulations (FAR), agency supplement regulations, Contractor Accounting, Purchasing, Estimating, MMAS, and EVM Business Systems, Truth in Negotiations Act, government accounting requirements Incurred Cost Submissions (ICS), DCAA Audits support and preparation, other regulatory non-compliance support, Terminations, Requests for Equitable Adjustment (REA), ERP systems and risk mitigation.
Chad graduated from the Williams School of Commerce at Washington and Lee University with a Bachelor of Science in Commerce, with a major in Business Administration.
Eric Hayman
Director, Capital Edge Consulting
Eric Hayman has over 15 years of experience providing professional support to government contractors and government agencies in the areas of compliance, accounting and training. He specializes in the Federal Acquisitions Regulations, Cost Accounting Standards, Government Audits and Contract’s Finance Management. He has worked closely with Chief Financial Officers, Controllers, Vice Presidents, and General Counsels among others, and brings experience from a wide range of engagements.
Eric has provided Government Contracting Services to a wide range of Industries, including Aerospace and Defense, Pharmaceuticals and Biotech Sectors, Manufacturing and Professional Services. His clients range from small start-ups to large, publicly-held, multi-national organizations.
Education
B.A. Accounting and Business Administration
Eric graduated from Flagler College, Magna Cum, with a Bachelor of Arts Degree in both Accounting & Business Administration.
Stephen "Chase" Kunk
Managing Partner, Capital Edge Consulting
Stephen “Chase” Kunk is a Managing Partner Capital Edge Consulting, Inc. Chase specializes in U.S. Government contract and subcontract negotiations, administration, management and purchasing system compliance. His expertise stems from his legal education, former certification as a National Football League contract advisor to professional athletes, and in-depth experience as a contracts and procurement administration manager for an international contractor serving Department of Defense (DoD), Intelligence Community (IC) and civilian agency customers. Chase’s support to Capital Edge Consulting clients is predominantly in the areas of contract and subcontract administration, purchasing system compliance and Contractor Purchasing System Review (CPSR) readiness and risk mitigation. He also leads all contract and subcontract negotiation and administration for Capital Edge Consulting’s internal business operations.
Stephen holds a B.A in Communications from Purdue University and a J.D. (cum laude) from Western Michigan University, Thomas M. Cooley Law School.
Craig Stetson
Partner, Capital Edge Consulting
Craig Stetson has over 25 years of direct experience in government contract accounting, pricing, subcontract management, regulatory and federal contract compliance, business system implementation, and internal control oversight. His industry experience includes aerospace and defense, manufacturing, construction, architecture and engineering, information and communications, higher education, and not-for-profits. Mr. Stetson is experienced in a wide range of cost accounting and regulatory compliance matters related to government contracts and grants, including claims preparation and negotiation; cost allowability; application of Federal Acquisition Regulation (FAR) and OMB Circular requirements; accounting and business systems assessment related to government contract compliance requirements, internal control sufficiency and overall self-governance; cost estimating, accounting and auditing of federal contracts and grants; and, application and interpretation of Cost Accounting Standards (CAS).
Craig received a Bachelor of Science degree in Accounting from Syracuse University and a Master of Business Administration degree from California State University – Long Beach. He is a Certified Public Accountant, licensed in California, and a Charted Global Management Accountant.
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