Timekeeping and Government Contracts

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1 hour

The Defense Contract Audit Agency (DCAA) historically identifies labor costs as a significant area of risk in government contracting. Labor is a large amount of contractor cost performance, and it relies on accurate timekeeping by all contractor personnel. All contractors make mistakes in timekeeping, and this session will help contractors understand whether these mistakes are minor issues or larger ones that can impact:

Proposal negotiations
Cost reimbursement
Business systems adequacy
Violations of the False Claims Act

Brian Gallagher will provide a brief overview of timekeeping requirements followed by discussion of real-life examples of the pitfalls and consequences for timekeeping errors. We will end the session with timekeeping best practices that help minimize the impacts of timekeeping errors before they create significant problems for contractors and the government customer.

Learning Objectives:

Understand the primary requirements of an adequate timekeeping system
Understand the consequences of inadequate timekeeping
Learn timekeeping best practices to detect and prevent errors

This webinar is sponsored by

About Our Experts

Brian Gallagher

Director, FORVIS Mazars

Brian Gallagher has over 15 years of experience providing professional services to government contractors in the areas of regulatory compliance, finance, accounting, and training. His experience includes support of Federal contractors ranging from small business to Fortune 500 companies across a wide variety of industries serving a multitude of Government agencies.

Brian’s expertise includes the design and implementation of processes, policies, and procedures for Contractor Business Systems with a primary focus in Accounting and Estimating. Utilizing expertise with the FAR, DFARS, CAS, and Truthful Cost or Pricing Data, his extensive experience includes the development of incurred cost submissions, CAS Disclosure Statements, related cost impact models, certified cost or pricing proposal data, Forward Pricing Rates, and support of DCAA audits.

Brian graduated from Washington and Lee University with a Bachelor of Science Degree in business administration and accounting.
Dave Sample

CRO, JAMIS Software Corporation

David Sample has worked with government contracting ERP systems for over 25 years in leadership roles spanning product marketing, product management, professional services, and sales at companies including Deltek, Monster Government Solutions, and Baker Tilly.

In 2016 he joined JAMIS where, in his Chief Revenue Officer capacity, he is focused on aligning teams, operations, processes, systems and data to support JAMIS’ go-to-market strategies. David also maintains an active CPA and has a SPHR certification.

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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.