Dec 11, 1-2pm ET- 2019 Compliance Outlook - Regulatory Updates and Challenges In the government contract regulatory compliance environment, transparency of the contracting process has gained considerable importance and visibility. Join industry expert Craig Stetson from Capital Edge Consulting, Inc. along with host JAMIS Software Corporation, as we review the compliance changes and obstacles that could directly affect government contractors' compliance programs which may impact multiple areas of your business. This webinar is intended for professionals in the areas of:  Accounting or Finance  Compliance or Internal Audit  Program or Contract Management  In-house Counsel What you will Learn Upon completion of this webinar, participants should be aware of recent legislative, regulatory and DCAA audit guidance actions affecting government contract compliance and identify challenges for 2019.

The session provides guidance on how to navigate a DCAA accounting system audit. The webinar takes a lifecycle approach. It begins with understanding the different accounting system and associated audit requirements, to supporting the audit process, through audit reporting and corrective action. This course emphasizes the practical realities of an accounting system audit by offering tips and tricks to get out in front of audit findings, managing auditor/auditee relationships, avoiding common pitfalls, and facilitating timely corrective action if adverse audit findings surface. Learning Objectives:  High-level overview of the accounting system requirements  Understanding and differentiation of accounting system audit types and associated approaches  Developing strong working relationships with DCAA  Common DCAA data requests to expect and the rationale behind them  Sensitive areas and common contractor pitfalls during accounting system audits  Tips and tricks to get in front of potential audit findings and facilitate timely corrective action

The session provides guidance on how to navigate a DCAA accounting system audit. The webinar takes a lifecycle approach. It begins with understanding the different accounting system and associated audit requirements, to supporting the audit process, through audit reporting and corrective action. This course emphasizes the practical realities of an accounting system audit by offering tips and tricks to get out in front of audit findings, managing auditor/auditee relationships, avoiding common pitfalls, and facilitating timely corrective action if adverse audit findings surface. Learning Objectives:  High-level overview of the accounting system requirements  Understanding and differentiation of accounting system audit types and associated approaches  Developing strong working relationships with DCAA  Common DCAA data requests to expect and the rationale behind them  Sensitive areas and common contractor pitfalls during accounting system audits  Tips and tricks to get in front of potential audit findings and facilitate timely corrective action

This session provides guidance on how to navigate a DCAA accounting system audit. The webinar takes a lifecycle approach. It begins with understanding the different accounting system and associated audit requirements, to supporting the audit process, through audit reporting and corrective action. This course emphasizes the practical realities of an accounting system audit by offering tips and tricks to get out in front of audit findings, managing auditor/auditee relationships, avoiding common pitfalls, and facilitating timely corrective action if adverse audit findings surface. Learning Objectives:  High-level overview of the accounting system requirements  Understanding and differentiation of accounting system audit types and associated approaches  Developing strong working relationships with DCAA  Common DCAA data requests to expect and the rationale behind them  Sensitive areas and common contractor pitfalls during accounting system audits  Tips and tricks to get in front of potential audit findings and facilitate timely corrective action

The session provides guidance on how to navigate a DCAA accounting system audit. The webinar takes a lifecycle approach. It begins with understanding the different accounting system and associated audit requirements, to supporting the audit process, through audit reporting and corrective action. This course emphasizes the practical realities of an accounting system audit by offering tips and tricks to get out in front of audit findings, managing auditor/auditee relationships, avoiding common pitfalls, and facilitating timely corrective action if adverse audit findings surface. Learning Objectives:  High-level overview of the accounting system requirements  Understanding and differentiation of accounting system audit types and associated approaches  Developing strong working relationships with DCAA  Common DCAA data requests to expect and the rationale behind them  Sensitive areas and common contractor pitfalls during accounting system audits  Tips and tricks to get in front of potential audit findings and facilitate timely corrective action

The DCAA's most recent annual report to Congress identified almost $7B of IR&D incurred by contractors in their FY 2020 final rate submissions. This is a fraction of the IR&D cost incurred and does not include the other six types of R&D costs companies incur. Looking beyond FAR 31.205-18 and CAS 420, this webinar will introduce the different classifications of R&D costs, the circumstances and purpose supporting each type of effort and overview the applicable Government contract cost accounting and allowability requirements. This session will establish the foundation for this 4-part webinar series. Learning Objectives: By the end of this session, participants will become familiar with FAR 31.205-18, IR&D and B&P and CAS 420, Accounting for IR&D and B&P costs and be able to identify the seven categories of R&D costs; understand the key differences between each category; describe circumstances underlying each type of activity and establish the foundation for a deeper dive into the cost accounting and allowability of each category of R&D costs.