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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 2025 - Day 1 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
January 2025
February 2025
March 2025
April 2025
May 2025
June 2025
July 2025
August 2025
September 2025
October 2025
November 2025
December 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
CPE, CLE Accredited
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This is session 1 of 2 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.
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
Paul Bailey
Partner, Capital Edge Consulting
Paul Bailey is a Partner for Capital Edge Consulting. Mr. Bailey has broad experience with federal procurement rules and regulation through combined industry and public accounting experience at PricewaterhouseCoopers and KPMG. Over the course of his 30-year career, Paul has provided expert advice and testimony for government contractors and their counsel, government agencies including Inspector General and the Department of Justice on the administration of contracts and resolution of complex government accounting and compliance disputes. While in public accounting, Paul was responsible for the Department of Energy’s outsourced contractor audits to KPMG, including Incurred Cost and Price Proposals, CAS compliance and Business System adequacy. Paul has conducted audits for and on behalf of the Federal Bureau of Prisons, Department of Justice and Department of Energy, Office of Inspector General.
Paul joined Capital Edge Consulting from Harris Corporation in Melbourne, Florida where he was Vice President of Government Accounting and Compliance. In the accounting and compliance role, Paul was responsible for the oversight and approvals of the Business Systems to satisfy DCAA/DCMA surveillance and adequacy determinations. Paul orchestrated and directed an External Restructuring of CAS segments to align cost allocations and synergies following a major acquisition. Paul has been an industry leader in settlement of indirect rates based on past company experience foregoing the DCAA Incurred Cost Audit process. In addition to extensive accounting and compliance experience, he has held Vice President roles leading Contracts, Subcontract Administration, and Procurement functions.
Mr. Bailey earned his B.B.A. – Finance degree from Walsh College of Accountancy and Business Administration. He is a Certified Public Accountant licensed in Ohio and Virginia.
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.
Lew Gaydon
Director, Capital Edge Consulting
Lew Gaydon is a Director at Capital Edge Consulting and an accomplished financial executive in the Government Aerospace Sector. Based in Nashville, Lew rejoined Capital Edge in 2024, bringing nearly 20 years of experience in government contracting. He has led finance, pricing, accounting, and compliance organizations, working closely with contracting and audit offices within the Department of State, Department of Defense, Department of Energy, and other civilian agencies. Lew was previously with Capital Edge from 2013 to 2017.
With extensive expertise in aerospace, defense, and government contracts, Lew has a proven track record in financial leadership and compliance governance. He led the finance, accounting, and compliance organization for the government business unit of a $2B+ publicly traded company, playing a pivotal role in transitioning to a full CAS-covered contractor. This transition involved implementing Deltek Costpoint, strategic indirect rate structuring, and combining two CAS-covered segments. Lew's areas of expertise include Cost Accounting Standards (CAS), contractor accounting, estimating, purchasing systems, strategic finance, pricing, REAs, ICSs, terminations, M&A due diligence, ERP implementation, business integration, and DCAA audit support.
Lew has an MBA with a focus in Finance and Economics from the University of Chicago Booth School of Business, and BS in Accounting from the University of Pittsburgh.
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.
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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Business Systems
Capture Planning and Business Development
Construction Contracting
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Federal Grants
Government Contracting
Intellectual Property in Government Contracting
International Contracting and Export Controls
Subcontracting and Supply Chain Management
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