Over the last many years DCAA has lost sight if its Mandatory Annual Audit Requirements (MAARs). Now that DCAA has the incurred cost backlog behind them, their auditors are getting back to what they should have been doing all along. The webinar will address what to except from DCAA real time testing of contractor labor and material. The webinar will examine actions contractors can take to avoid or reduce the risk associated with this testing. The webinar will also address how to handle audit finding should there be any. Learning Objectives: By the end of the webinar, attendees will understand why DCAA does the testing; the potential benefits for the contractor; how to plan for the testing; and how to react to potential findings.

This session will provide an overview of the reviews and audits conducted by the Defense Contract Management Agency (DCMA) and Defense Contract Audit Agency (DCAA). Learn about the types of audits, how to address the audit process, and how to deal with audit positions and written findings. Learning Objectives: By the end of the webinar you should be able to:  Be able to describe the similarities and differences between a review and an audit;  Understand what areas DCAA is responsible for auditing and DCMA is responsible for reviewing;  Understand the current DCMA and DCAA initiatives and how they impact the contracting industry;  Recognize potential challenges and corresponding mitigation strategies for auditees; and  Understand current auditor expectations and challenges.

This session will provide an overview of the reviews and audits conducted by the Defense Contract Management Agency (DCMA) and Defense Contract Audit Agency (DCAA). Learn about the types of audits, how to address the audit process, and how to deal with audit positions and written findings. Learning Objectives: By the end of the webinar you should be able to:  Be able to describe the similarities and differences between a review and an audit;  Understand what areas DCAA is responsible for auditing and DCMA is responsible for reviewing;  Understand the current DCMA and DCAA initiatives and how they impact the contracting industry;  Recognize potential challenges and corresponding mitigation strategies for auditees; and  Understand current auditor expectations and challenges.

In recent years, the DCAA and DCMA has had a renewed interest in contractors' cost and pricing data. As a result, there will be an increased focus on defective pricing audits. Do you know if your company is at risk of facing a defective pricing audit? If so, are you prepared to successfully support such an audit? Join CohnReznick's government contracting professionals for this webinar as they discuss what you need to know about defective pricing. Participants will learn the following:  What is defective pricing?  Where to go for defective pricing guidance and resources  What to expect in a defective pricing audit?  How to structure proposal efforts to mitigate risk of a defective pricing determination

This session will discuss the impact of estimating systems on the accounting and pricing functions. We will cover the Estimating System adequacy criteria contained in the DFARS business systems rule, material weaknesses and significant deficiencies, cost vs. price analysis, basis of estimate (BOE), and what DCAA looks for in the audit process. Learning Objectives: By the end of the webinar you should be able to:  Understand cost estimating system requirements and how they are implemented;  Identify where to locate specific DCAA audit programs which relate to estimating;  Maintain up-to-date information of the threshold for obtaining certified cost or pricing data;  Describe multiple forms of acceptable cost or pricing data and when certification is required;  List the basic Basis of Estimate (BOE) components and develop an estimating technique; and  Understand common estimating challenges.

This session will discuss the impact of estimating systems on the accounting and pricing functions. We will cover the Estimating System adequacy criteria contained in the DFARS business systems rule, material weaknesses and significant deficiencies, cost vs. price analysis, basis of estimate (BOE), and what DCAA looks for in the audit process. Learning Objectives: By the end of the webinar you should be able to:  Understand cost estimating system requirements and how they are implemented;  Identify where to locate specific DCAA audit programs which relate to estimating;  Maintain up-to-date information of the threshold for obtaining certified cost or pricing data;  Describe multiple forms of acceptable cost or pricing data and when certification is required;  List the basic Basis of Estimate (BOE) components and develop an estimating technique; and  Understand common estimating challenges.

As a government contractor when it comes to timekeeping, it's incredibly important to ensure you meet DCAA requirements. When you win a government contract, the DCAA's time tracking rules apply to everyone in your company. The DCAA's primary concern is preventing fraud and waste in the labor charging function. Checks and balances must be put into place to minimize risk to the government and taxpayers. It is critical that government contractors have the proper procedures and controls in place for labor compliance, and that documentation and training is provided to employees so that they understand and recognize their responsibilities in accurately recording time charges. Join our guest Dave Sample, Vice President of Product Marketing at JAMIS Software Corporation, for a discussion on how federal contractors can go about meeting regulatory requirements and expectations related to timekeeping and labor reporting. In addition, Mr. Sample will provide a live demonstration of how modern timesheet systems like JAMIS Prime Timesheets equip government contractors with streamlined solutions for success and efficiency. Learning Objectives: By the end of this course, participants will learn the basics of regulatory requirements and expectations related to timekeeping and labor reporting, and will be provided with examples of some of the advantages of modern, cloud-based timesheet systems in achieving success.

The Allowable Cost and Payment clause (FAR 52.216-7) requires contractors with cost-reimbursement contracts or time-and-materials contracts (other than a contract for a commercial item) to submit an adequate final incurred cost proposal within six months after the end of their fiscal year. In submitting an incurred cost proposal, it is important to provide accurate supporting schedules as well as a signed "Certificate of Indirect Costs." Failing to provide an adequate submission by the due date can result in DCAA recommending to the Contracting Officer a unilateral determination on the contractor's final indirect cost rates. Learning objectives of this webinar include:  What is an ICS?  How do I prepare for an ICS?  How is the ICS evaluated?  How do I prepare for an ICS audit? Speaker: Stephanie James, Compliance Consultant, PCI