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Overview
This two-day workshop is a comprehensive exploration of the financial impacts of compensation management practices and compensation costs associated with FAR 31.206-6 Compensation for Personal Services. Course coverage includes DCAA audit practices and trends related to executive compensation, as well as other forms of compensation. The workshop will compare the DCAA use (or non-use) of the Taylor and Metcon cases with the prevailing industry point of view. “Reasonableness” criteria for compensation costs will also be addressed, including sufficiency of documentation and benchmarking practices. The workshop will also outline the pros and cons of utilizing blended indirect rates vs multiple indirect rates for addressing compensation caps. This course schedule anticipates time for discussion of participants’ issues and answering questions.

Learning Objectives:
Upon completion of this course you will:
  • Identify executive and other forms of compensation potential audit situations
  • Apply reasonableness criteria for compensation costs
  • Properly document for audit purposes
  • Utilize best practices in accounting for compensation
Dates/Locations
May 5-6, 2021
Hyatt Regency La Jolla at Aventine
La Jolla, CA
Travel Info
Standard: $1,375.00
Premium: $1,770.00
Register
July 28-29, 2021
The Westin Hilton Head Island
Hilton Head Island, SC
Travel Info
Standard: $1,375.00
Premium: $1,770.00
Register
Agenda
8:00 AM - 3:00 PM
La Jolla & Hilton Head
9:00 AM - 4:00 PM
Schedule for all other locations
DAY 1
  1. Introductions
  2. Intro to Concepts
  3. FAR Part 31 Requirements for Allowable Employee Compensation
  4. Reporting Requirements for Executive Compensation and First-Tier Subcontract Awards
  5. Proposal Considerations
  6. DCAA Audit Considerations
  7. Court Cases
  8. DCAA Interpretation of Court Cases
DAY 2
  1. Accounting for Compensation Limits
  2. Workshop 1: Methods for Blending Labor and Subcontractor Rates
  3. Compensation Headaches: Uncompensated Overtime
  4. Workshop 2: Methods for Calculating Uncompensated Overtime
  5. Compensation Headaches Continued
    1. Deferred Compensation
    2. Stock Options
    3. Severance
    4. Reasonableness
    5. T&M Contracts
  6. Preparing for Future DCAA Audits
Experts
  • Matt Danner
    Manager, Baker Tilly
    Matt Danner is manager for the government contracts advisory services practice of Baker Tilly and has over 10 years of experience in identifying, quantifying, and managing risks for government contractors in the aerospace & defense, architecture & engineering (A&E), procurement, construc...
  • Nicole Owren-Wiest
    Partner, Crowell & Moring
    Nicole Owren-Wiest is a partner with Crowell & Moring’s Government Contracts Group in the firm’s Washington, D.C. office, and leads the Group's cost accounting practice. With almost 20 years’ experience, Nicole advises contractors of all sizes across numerous industry segme...
  • Larissa Simkovich
    Manager, Baker Tilly
    Larissa Simkovich is a manager for the government contractor advisory services practice of Baker Tilly and has been with the firm since 2013. She assists government contractors with a wide range of compliance matters including incurred cost proposal preparation, incurred cost proposal audit support,...
  • Jamie Sybert
    Director, Baker Tilly
    Jamie is the Director and Rocky Mountain Practice Leader for the government contracts advisory services practice of Baker Tilly. Jamie has over twenty years of experience dedicated to Government contract cost accounting, pricing, business system compliance and administration. This experience include...
Accreditation
See Individual Courses For Available Credits
Certificates of Completion are provided to all seminar participants who attend Federal Publications Seminars courses following the event, upon request.
CPE: Continuing Professional Education
Field of Study: Specialized Knowledge
Delivery Method: Group-Live Classroom
Federal Publications Seminars is affiliated with West Professional Development and 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.
For more information regarding administrative policies such as refunds, cancellations and complaints, please contact Federal Publications Seminars at 888.494.3696.
CPE Hours
This program is eligible for: 11 (CPE) hours of credit
Program Level: n/a
Program Prerequisite: n/a
Advance Preparation: n/a
Method: n/a
CLP: Continuous Learning Points
Approved for CLP by Defense Acquisition University
Defense Acquisition Workforce members must acquire 80 Continuous Learning Points (CLP) every two years from the date of entry into the acquisition workforce for as long as the member remains in an acquisition position per DoD Instruction 5000.66. We will provide you with documentation of points awarded for completing the event.
CLP Hours
This program is eligible for: 11 (CLP) hours of credit
CLE: Continuing Legal Education
States have widely varying regulations regarding MCLE credit. LegalEdcenter is an approved provider in AL, AK, AR, CA, GA, IL, ME, MO, MS, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, PA, RI, SC, TN, TX, UT, VA, VI, VT, WA, WI, and WV. Credit may be applied for in other jurisdictions on request and in accordance with state MCLE rules.
Please note that because some states are changing their policy on CLE reporting, you will need to fill out the request for credit from Federal Publications Seminars within 10 business days, or we may not be able to issue credits for the program.
CLE Hours
This program is eligible for: 11 (60 minutes), (50 minutes)
Travel
Hyatt Regency La Jolla at Aventine
3777 La Jolla Village Drive
La Jolla, CA, 92122
8585521234
Hotel & Room Block Info

We have a room block secured for the La Jolla weeklong event. For guest room reservations, call 800.937.8461 and reference the Federal Publications room block. Group rate is $239 + taxes/night. Click here https://www.hyatt.com/en-US/group-booking/JOLLA/G-FP21 to make your reservation. You must make your reservation by April 1, 2021. Rooms are subject to availability.

Government Per Diem

A limited number of Government per diem rate rooms have been set aside. Click here https://www.hyatt.com/en-US/group-booking/JOLLA/G-FP21/PER DIEM to make your reservation. You must make your reservation by April 1, 2021. Rooms are subject to availability.

General Information

Food & Beverage
During La Jolla Government Contracts Week, we will be serving continental breakfast, lunch and an afternoon snack each day.

The Westin Hilton Head Island
2 Grasslawn Avenue
Hilton Head Island, SC, 29928
8886278551
Hotel & Room Block Info

We have a room block secured for the Hilton Head weeklong event. For guest room reservations, click here. Group rate is $269 + taxes, plus a Resort Charge of $17/room/night (this is reduced from the normal $28/night). You must make your reservation by July 5, 2021. Rooms are subject to availability.

Government Per Diem

Please note that we have reserved a limited number of guest rooms at the government per diem. These rooms are limited to one attendee per qualifying company. You will be required to present a valid Government ID upon check-in to confirm use of the government rate. To make a reservation, click here.

General Information

Food & Beverage
During Hilton Head Week, we will be serving continental breakfast, lunch and an afternoon snack each day.

Level
  • 100
    Basic or fundamental subject matter is covered. Courses are geared to general knowledge or can be taken as a refresher.
  • 200
    Specific topics or issues within a topic area are covered. Students should be familiar with terms of art and general concepts concerning the course topic.
  • 300
    Workshops and class discussions cover specific subject matter in-depth, and participation is strongly encouraged. Attendees should have at least 2-3 years' experience in the area of study.
  • 400
    Courses build upon students' knowledge and experience, and cover complex issues within the subject matter. Should have 4-5 years' mastery of subject for in-depth analysis.
  • 500
    Masters-level programs designed for professionals with 5+ years' experience. Courses cover in-depth and technical analysis on specific subjects and updates on current issues.