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.

Join CohnReznick's multi-disciplined, experienced compliance and audit team accompanied by a leader in the federal contracting legal community as they share insights on the latest federal executive orders and policy changes that are significantly impacting the federal contracting and assistance-receiver community. The panel will also discuss best practices for minimizing risk and maximizing cost recovery in case of a work suspension or termination. Designed for executives and professionals in accounting, finance, legal, HR, project management, and compliance at federal contracting firms and organizations receiving federal assistance, the panel will discuss:  Trump Administration Executive Orders since January 2025  Significant OMB and other large federal agency guidance related to acquisitions and federal assistance (including grants)  Impacts to small business programs  Best practices related to preparing for a suspension, stop-work order, delay, and partial/full termination

Multi-segment corporations play a significant role in government contracting, leveraging diverse capabilities across industries. However, the structure of having multiple segments report to a centralized home office isn't limited to large corporations. Contractors offering a mix of commercial and government products or services can benefit from segmenting these lines of business with centralized management and shared services. While this structure provides operational advantages, it also introduces unique compliance challenges under government contracting regulations. In this session, we'll start with an overview of regulatory requirements and guidance for cost accounting in multi-segment and home office settings, then explore the benefits and challenges of multi-segment structures in government contracting. By the end, attendees will gain a comprehensive understanding of:  Definitions of segments and home offices in government contracting  FAR and CAS requirements related to multi-segment and home office cost accounting  Operational benefits of multi-segment structures  Compliance challenges associated with multi-segment accounting Learning Objectives: Upon completing this webinar, participants will be able to identify key compliance requirements for multi-segment corporations in government contracting and apply best practices for structuring segments and home offices to align with regulatory standards.

Join the authors of the GAUGE Report for the final 2024 results, based on the GAUGE Survey, where 1,255 contributors provided answers in five main areas of contracting: government contract compliance, accounting, utilization, growth, and efficiencies. The webinar presenters will share new data on improving company compliance and efficiencies, including cash flow, project management, labor resources, indirect rates, and, most of all, applying AI insights to accelerate businesses' profitability. Designed for GovCon executives, accounting and finance departments, HR managers, IT managers, and operations, this webinar will also cover:  Current market dynamics and key organizational issues, opportunities, and challenges  Business and project management outlook, performance, and operations metrics  Compliance and audit experiences, costs, and key metrics  Noteworthy trends and actionable steps for addressing industry issues, with a focus on AI enablement  AI Maturity Model: Six steps to kick start your AI strategy, data usage & confidence, tools, and integration

Don't miss the opportunity to become an expert in navigating the complexities of FAR 31.201 with our comprehensive webinar, tailored specifically around Unallowable Costs! Here's why you should grab your virtual seat:  Demystify FAR 31.201: Get an in-depth walkthrough of the Federal Acquisition Regulation (FAR) that governs Unallowable Costs.  Comprehend Unallowable Costs: Obtain a clear-cut understanding of what constitutes Unallowable Costs and why they matter to you.  Classify Unallowable Expenses: We'll take you through the various types of Unallowable Costs, providing the knowledge to identify them with ease.  Master Accounting Practices: Learn the ropes of properly accounting for Unallowable Costs, ensuring your organization's financial compliance.  Avoid Costly Mistakes: Uncover potential penalties and safeguard your organization by staying ahead of compliance issues related to Unallowable Costs.  Audit with Confidence: Gain valuable insights into the auditing process of Unallowable Costs to help streamline your company's operations. This webinar is an invaluable investment for those looking to refine their accounting skills, ensure compliance in their financial reporting, and steer clear of the hurdles associated with Unallowable Costs. Make sure to reserve your spot now-your expertise is just a webinar away!

Cost Accounting practices, like organizations are not static. They may change over time. Changes may be driven by organic growth, mergers and acquisition, corporate restructuring or triggering different contract requirements. In this webinar, we discuss what constitutes a change to a cost accounting practice and explore the responsibilities for administering changes to cost accounting practices for CAS and non-CAS covered contracts. We will distinguish organizational changes from cost accounting practice changes and discuss notification and disclosure in pricing proposals and contracts, impact on certified cost or pricing data, CASB Disclosure Statement implications and more. Learning Objectives: Session participants will gain knowledge about what constitutes a cost accounting practice change and the administration requirements for CAS and non-CAS covered contracts.

You've quantified the change, now it's time for customer inspection and settlement. Learn the fundamental audit and administration expectations when addressing changes to cost accounting practices. We'll discuss company and customer responsibilities to include ramifications for CAS and non-CAS covered contracts. Additionally, typical audit and analysis characteristics, settlement alternatives and prime contractor/subcontractor responsibilities will be considered. Learning Objectives: In this session, participants will become familiar with common audits and analysis used when supporting cost accounting practice changes. They will learn the audit triggers and key characteristics associated with typical practice change audits and analysis. Finally, participants should be able to identify conventional audit risks and readiness strategies to help mitigate audit risks.

This class is dedicated to the intricacies of payment processing within Costpoint's accounting realm. Participants will delve into the methods for selecting vouchers for payment, defining setup options for printing checks using either preprinted forms or blank laser formats, and understanding the crucial steps involved in voiding and re-issuing a check. By the end of this course, participants will be equipped with comprehensive knowledge and skills for efficient payment management in the accounting domain. Key Learning Objectives: 1. Learn methods for strategically selecting vouchers for payment to optimize financial processes. 2. Define setup options for printing checks, exploring both preprinted form and blank laser formats. 3. Identify and understand the steps involved in voiding a check and the subsequent process of re-issuing.

Cost accounting practices are the foundation for cost-based acquisition - for both contract pricing and contract accounting. But what is a cost accounting practice? Do Government contract cost accounting practices differ from financial accounting practices. What if my contract has not triggered Cost Accounting Standards (CAS), what are the ramifications for non-CAS covered contracts? So many questions to unpack. This 1st webinar will start with the basics and establish the foundation for this 4-part web series. We'll define cost accounting practices and discuss key requirements for CAS and non-CAS covered contracts. Learning Objectives: By the end of this session, participants will be able to define and identify cost accounting practices and ascertain differences between financial and Government contract accounting practices.

Completing the benchmark which we call the Disclosure Statement involves a multidisciplinary team comprised of functional areas that may include Accounting/Finance, Human Resources, Treasury, Program, and Pricing members. In this session, we walk through the Disclosure Statement -- Specifically, the cover sheet, eight parts of the Disclosure Statement, and the continuation sheet. We'll describe the resources supporting each section and the requirements.