Contracts and Accounting often operate independently within contract management, leading to inefficiencies and labor-intensive data gathering for project reporting, Incurred Cost Submission preparation, and contract closeouts. In this session, we will identify common inefficiencies and discuss streamlined processes to provide accurate data without manual intervention. We will explore:  The impact of FAR clauses on both Contracts and Accounting  The use and maintenance of contract briefs to keep data current  The effect of new revenue recognition requirements on project reporting  The benefits of using contract budgets for the entire company  The necessary data for preparing accurate Incurred Cost Submissions and ensuring thorough contract closeouts Through examples of inefficiencies and manual processes, we'll provide recommendations for improvements. We encourage attendees to share their experiences with gaps in their current processes and discuss strategies they have implemented to improve efficiency. This interactive session aims to foster a collaborative environment where you can learn from industry peers and experts.

This webinar will provide an overview of the landscape of new U.S. tariff actions under the current administration. Understanding how the different tariff actions work is essential to identifying your company's supply chain risk and creating tariff mitigation strategies. Persons who would benefit from this webinar, include, but are not limited to, business executives, contracting specialists/administrators, project managers, purchasing specialists, import and export compliance officers, logistics personnel, and legal and financial advisors. The webinar will conclude with a 10-minute Q&A session to address any questions. Learning Objectives:  Brief overview of the new U.S. tariff actions.  Primer on U.S. customs law and regulations.  Discussion on potential tariff mitigation strategies.

In this session, our highly experienced government contracts practitioners from BakerHostetler's preeminent national government contracts practice will walk the audience through the FAR clauses addressing the U.S. Government's rights when terminating a contract for default or convenience, the procedures that must be followed, contractor rights when facing such, and practical guidance. After this webinar you will have learned: (Learning Objectives)  The FAR clauses addressing the U.S. Governments rights when terminating a contract for default or convenience  The procedures that must be followed  Contractor rights and practical guidance