On-Demand Webinars
Beyond ASC 606 Compliance: Optimizing Revenue Recognition
ASC 606 is all about revenue recognition, a process which is historically inconsistent across companies and industries. The guidelines are about the results of your end-to-end processes starting with contracts, through pricing, quotes, orders, and ending with revenue recognition. The full name of the rule is ASC 606: Revenue from Contracts with Customers. While the effective dates for the new guidance were staggered and delayed, they are now upon us. Many public entities have already implemented ASC 606, and nonpublic entities are required to implement ASC 606 in their first annual reporting period beginning after December 15, 2018. Please join Carl Kumpf, NeoSystems Consultant, CPA, and Principal at Integral Financial Group for this 1-hour webinar designed to teach you how to optimize revenue recognition.
On-Demand Webinars
Business Systems Implementation - Top Considerations and Challenges
ERP implementations can be a daunting task. Organizations make significant investments not only in technology, but also in time and organizational resources associated with an implementation. Exploring and moving forward with a new ERP system may stem from any number of issues, from outdated IT solutions to compliance challenges; and each reason brings its own unique challenges. Whether business drivers or compliance requirements are creating the need for a new system, it is imperative organizations follow a well thought out implementation methodology to maximize their investment. Join us for a one hour webinar where we will discuss the top considerations and challenges associated with business system implementations ahead of our intensive two-day course "Due Diligence of Business Systems Implementation." Presenters are Jack Coviello and Peter Lauria About the presenters: Jack Coviello, CPA, Experienced Manager: With over eight years of experience, Jack assists clients with a broad range of matters including cost accounting and compliance, and specializes in matters related to the Federal Acquisition Regulation (FAR) and associated agency supplements and the Cost Accounting Standards (CAS). He has worked extensively in indirect cost rate structuring and modeling, measuring cost impacts, and developing and reviewing contractor cost representations. He also works closely with clients to develop, implement, and monitor policies and procedures and internal controls relative to the aforementioned compliance matters; more specifically in the accounting, estimating, and purchasing business systems. Peter Lauria, Partner: Peter is a partner in the consulting services group at Baker Tilly where he is responsible for the leadership of the firm's business information systems practice. Peter's focus is on information systems planning, financial system design, software selection and implementation, and technology and business process integration.
On-Demand Webinars
CAS 401 and 402
Cost Accounting Standards (CAS)
This webinar will cover CAS 401 and 402 which includes the following subjects of: consistency in estimating, accumulating and reporting costs (401) - as well as- consistency in allocating costs incurred for the same purpose (402). Series Description: This multi-part webinar series focuses on the Cost Accounting Standards (CAS), their applicability, and compliance requirements for U.S. Government contractors. CAS is one of the most complex, and punitive, laws for contractors to contend with, whether it be for new or established contractors of the U.S. Government. Once a contractor pursues, or is awarded, a CAS covered contract, their profile, regulatory requirements, and audit interest, are immediately pronounced. Simply understanding it's applicability to your U.S. Government contract universe can be an exercise in mixed interpretation. This series breaks CAS down to its fundamental requirements in simple, relatable terms to assist contractors in understanding applicable requirements, but also practical strategies for compliance, delivered by instructors who have dedicated their careers to CAS, and related U.S. Government regulatory requirements. Each webinar will provide the genesis of the standard, illustrating its purpose and move into specific compliance requirements of the respective Standard(s) covered. Instructors will share examples of common "pitfalls"" and highlight areas of risk contractors should be aware of in compliance with the respective Standard(s). The webinars have purposefully been grouped in a manner that will aid in understanding the inter-relationship of some Standards to others. Who should attend these sessions? We recommend this course for anyone that is interested in an introduction or refresher to CAS, or looking for practical insights from consulting and legal practitioners that work with CAS routinely.
On-Demand Webinars
CAS 404 and 409 - Unallowable Costs and Depreciation of Tangible Capital
Cost Accounting Standards (CAS)
This is session 4 of 12 in the FPS CAS series. This webinar will cover CAS 404 and 409 This webinar will cover CAS 404 and 409 which includes the following subjects of: capitalization of tangible assets (404) and depreciation of tangible capital (409). Series Description: This multi-part webinar series focuses on the Cost Accounting Standards (CAS), their applicability, and compliance requirements for U.S. Government contractors. CAS is one of the most complex, and punitive, laws for contractors to contend with, whether it be for new or established contractors of the U.S. Government. Once a contractor pursues, or is awarded, a CAS covered contract, their profile, regulatory requirements, and audit interest, are immediately pronounced. Simply understanding it's applicability to your U.S. Government contract universe can be an exercise in mixed interpretation. This series breaks CAS down to its fundamental requirements in simple, relatable terms to assist contractors in understanding applicable requirements, but also practical strategies for compliance, delivered by instructors who have dedicated their careers to CAS, and related U.S. Government regulatory requirements. Each webinar will provide the genesis of the standard, illustrating its purpose and move into specific compliance requirements of the respective Standard(s) covered. Instructors will share examples of common "pitfalls"" and highlight areas of risk contractors should be aware of in compliance with the respective Standard(s). The webinars have purposefully been grouped in a manner that will aid in understanding the inter-relationship of some Standards to others. Who should attend these sessions? We recommend this course for anyone that is interested in an introduction or refresher to CAS, or looking for practical insights from consulting and legal practitioners that work with CAS routinely.
On-Demand Webinars
CAS 406, 407, 408
Cost Accounting Standards (CAS)
This webinar will cover CAS 406, 407 and 408 which includes these subjects: cost accounting period (406); use of standard costs for direct material and direct labor (407); and accounting for costs of compensated personal absence (408).
On-Demand Webinars
CAS 410 - Allocation of Expenses to Final Cost Objectives
Cost Accounting Standards (CAS)
This webinar will cover CAS 410 which includes allocation of business unit general and administrative expenses to final cost objectives (410). Series description: This multi-part webinar series focuses on the Cost Accounting Standards (CAS), their applicability, and compliance requirements for U.S. Government contractors. CAS is one of the most complex, and punitive, laws for contractors to contend with, whether it be for new or established contractors of the U.S. Government. Once a contractor pursues, or is awarded, a CAS covered contract, their profile, regulatory requirements, and audit interest, are immediately pronounced. Simply understanding it's applicability to your U.S. Government contract universe can be an exercise in mixed interpretation. This series breaks CAS down to its fundamental requirements in simple, relatable terms to assist contractors in understanding applicable requirements, but also practical strategies for compliance, delivered by instructors who have dedicated their careers to CAS, and related U.S. Government regulatory requirements.
On-Demand Webinars
Commercial Item Determination
Procurement University - 2017
FAR Part 12 regulates commercial item acquisition. Selling a commercial item to the Federal Government sounds easy right? Wrong. The Federal Government wants to make sure it is getting a fair and reasonable price and when buying they want to ensure it is a commercially available item. This session will cover what is determines something to be a commercial item and how price analysis is conducted effectively. 90 Minutes
On-Demand Webinars
Commercial Item Determination and Acquisition Requirements and Process
The purpose of this webinar is to provide insight in to the Government's expectations regarding the documentation of commercial items, the associated market research, and other related compliance requirements from a CPSR compliance standpoint. Production date August 28, 2018.
On-Demand Webinars
Commercial Items
2018 Procurement University Online
FAR Part 12 regulates commercial item acquisition. Selling a commercial item to the Federal Government sounds easy right? Wrong. The Federal Government wants to make sure it is getting a fair and reasonable price and when buying they want to ensure it is a commercially available item. This session will cover what determines something to be a commercial item and how price analysis is conducted effectively.
On-Demand Webinars
Cost Accounting Standards - Applicability - Disclosure Statements
2018 Procurement University Online
Session 4 of 9. In this session, we will discuss Cost Accounting Standards (CAS) and full and modified CAS covered contracts. You will learn about the most important standards and applicability as well as CAS administration issues such as changes to cost accounting practices. 90 Minutes
On-Demand Webinars
CPSR Requirements for Non Procurement Personnel
Despite the fact that auditors focus on the review of procurement files when performing audits of the subcontracting process, it is simply a fact that most of the compliance mistakes happen before procurement professionals are even involved in the process. Since most of the compliance-related decisions are made early in the process by non-procurement professionals such as Business Developers, Engineers, Senior Management, etc., it's imperative that they understand the compliance impacts of those decisions. The purpose of this webinar is to provide these functions with an overview of the laws, government policies, and regulations that apply to subcontracts as they relate to CPSR. The course will begin with an overview of the oversight requirements contained within the CPSR process. Additionally, it will address how sourcing decisions made by non-procurement professionals can negatively impact the results of this review. Topics will include:  The overview of the Subcontracting and Purchasing Process  Roles and Responsibilities of Non-Procurement Professional in Process  Key Processes Influenced by Non-Procurement Professionals: o Non-Disclosure Statements o Establishment of Teaming Agreements o Developing Statements of Work o Source Selection o Socio-Economic Considerations o Obtaining Pricing/Providing Target Pricing o Technical Evaluations o Acquisition of Commercial Items o Conducting Market Research o Establishing Procurement Lead-time o Subcontractor Responsibility o Transactional Level Oversight (Advanced Notification and Consent to Subcontract) Presented by Jeffery White
On-Demand Webinars
DCAA and the Disappearing Incurred Cost Backlog
In its 2017 report to Congress, DCAA stated that it is "back on track to eliminate its (incurred cost) backlog by September 30, 2018". Although some doubt the validity of DCAA's self-declared success, the real question, what is the impact on contractors; good, bad or both? This webinar will discuss the implications including the mutual benefits of more current audits, but also the hidden risks to government contractors audited or potentially audited by DCAA.  Brief description of the regulation which requires contractor incurred cost proposals  Events that caused DCAA to all-but stop auditing incurred cost proposals; hence, the backlog  DCAA actions to reduce the backlog, notably no longer auditing "low risk" auditors  DCAA's historical and current count of proposals awaiting audit and the changing definition of an acceptable inventory  Types of audits which have been deferred pending DCAA's elimination of the backlog  DCAA's future audit priorities and how more current audits exposes contractors to more risks (accounting systems in particular)  "Connecting the dots" or knowing how DCAA expands incurred cost issues (if current) into other compliance issues This webinar is sponsored by JAMIS.
On-Demand Webinars
FAR Part 44 - Subcontracting Policies and Procedures
Foundations of the FAR
This session covers Part 44 of the Federal Acquisition Regulation. Gunjan Talati and Chris Henel of Kilpatrick Townsend will discuss contract terminations as it is laid out in the Federal Acquisition Regulation. CPE/CLE credit for attendees are subject to participation and approval by the governing boards.
On-Demand Webinars
FAR Parts 12 and 16 - Commercial Items and Types of Contracts
Foundations of the FAR
This session of the Fundamentals of the FAR program will cover Parts 12 and 16 of the Federal Acquisition Regulation. Steven Tomanelli, instructor of the FAR Workshop for Federal Publications Seminars and author of the Annotated FAR, FAR Desk Reference and DFARs Desk Reference, will cover the acquisition of commercial items (Part 12) and discuss the use of commercial item as preference by the government. Mr. Tomanelli will also discuss Types of Contracts (Part 16) - Fixed-Price; Cost-Reimbursement; Incentive; Indefinite-Delivery; Time and Materials, Labor-Hour, and Letter Contracts; and Agreements. Upon completion, you will have a better understanding of the FAR and its impact to both government contractors and government procurement professionals. CPE/CLE credit for attendees are subject to participation and approval by the governing boards.
On-Demand Webinars
Government Contract Accounting and Pricing Foundation
2018 Procurement University Online
This introductory session of the Procurement University series will provide the foundation of the next 9 sessions. We will cover topics including the acquisition life cycle, key stakeholders in contracting as well as the legal and regulatory framework. Discussion of key terms and acronyms will assist you for the duration of the series.
On-Demand Webinars
Government Contract Accounting and Pricing Foundation
Procurement University - 2017
This introductory session will provide the foundation of the next 11 sessions. We will cover topics including the acquisition life cycle, key stakeholders in contracting as well as the legal and regulatory framework. Discussion of key terms and acronyms will assist you for the duration of the series.
On-Demand Webinars
Indirect Costs
2018 Procurement University Online
Session 6 of 9. Indirect Costs refers to the overhead applied to a contract. The Federal Government requires contractors to submit an annual proposal to finalize claimed indirect costs. In this program, you will learn about indirect rate structures, the Forward Pricing Rate Proposal (FPRP), DCAA's FPRP Checklist, and the final indirect cost rate proposal process. 90 Minutes.
On-Demand Webinars
Introduction to CAS
Cost Accounting Standards (CAS)
This is session 1 of 12 in the FPS CAS series. This introductory webinar is the first in a series related to the cost accounting standards (CAS). The presenter will provide an overview of the CAS and discuss the history and the administration of the standards. Series Description: This multi-part webinar series focuses on the Cost Accounting Standards (CAS), their applicability, and compliance requirements for U.S. Government contractors. CAS is one of the most complex, and punitive, laws for contractors to contend with, whether it be for new or established contractors of the U.S. Government. Once a contractor pursues, or is awarded, a CAS covered contract, their profile, regulatory requirements, and audit interest, are immediately pronounced. Simply understanding it's applicability to your U.S. Government contract universe can be an exercise in mixed interpretation. This series breaks CAS down to its fundamental requirements in simple, relatable terms to assist contractors in understanding applicable requirements, but also practical strategies for compliance, delivered by instructors who have dedicated their careers to CAS, and related U.S. Government regulatory requirements. Each webinar will provide the genesis of the standard, illustrating its purpose and move into specific compliance requirements of the respective Standard(s) covered. Instructors will share examples of common "pitfalls"" and highlight areas of risk contractors should be aware of in compliance with the respective Standard(s). The webinars have purposefully been grouped in a manner that will aid in understanding the inter-relationship of some Standards to others. Who should attend these sessions? We recommend this course for anyone that is interested in an introduction or refresher to CAS, or looking for practical insights from consulting and legal practitioners that work with CAS routinely.
On-Demand Webinars
Peer Reviews- Procurement Organization
As procurement organizations mature in terms of their CPSR compliance models, one of the options to consider is the application of a peer review process. Peer reviews are often seen as an administrative task that often times do not add much strategic value to the procurement compliance process. However, there are many models, tools, and techniques that can be utilized by organizations in order to ensure that their peer review processes are indeed value added. The purpose of this webinar is to provide insight into several industry-standard peer review techniques, tools, and processes that can assist procurement organizations regarding their compliance with CPSR requirements.
On-Demand Webinars
Subcontract Price Analysis
This webinar will provide an overview of the hands-on strategies and techniques for conducting an effective price analysis regardless of subcontractors' proposals. The session addresses each of the FAR techniques for price analyses. We will examine the process of performing a price analysis as well as the importance of drafting a good Request for Proposal that will allow the prime contractor the opportunity to collect the details required in order to perform an effective price analysis. It will discuss the 7 price analysis techniques with FAR Part 15.404 and will explain how each can be used in a practical manner. Topics will include:  What is a Price Analysis?  Overview of the 7 Price Analysis Techniques  Supporting Documentation Requirements for Price Analyses  The Relationship Between an Effective Price Analysis and the RFP/RFQ
On-Demand Webinars
Truthful Cost or Pricing Data
2018 Procurement University Online
A negotiated contract (or procurement) allows the government to select a contractor on criteria other than solely a formal price competition. The FAR provides guidance for conducting these types of procurements. Only certain contract types can be used such as fixed price, incentive or cost-reimbursement. In this FPSOnline webinar session, learn how these types of contracts can be both a challenge and an opportunity for contractors. 90 Minutes.
On-Demand Webinars
Understanding the Truthful Cost or Pricing Data's Application to Subcontractors
The intent of our session is to discuss the actual applications of the Truthful Cost or Pricing Data requirement as it relates to suppliers and subcontractors. In doing so, we will discuss the following: When does Truthful Cost or Pricing Data apply?  What are the exceptions?  What are the responsibilities of by Government, the prime contractor, and the subcontractor as they relate to this requirement?  What are some of the pitfalls associated with the requirement?