On-Demand Webinars
Beyond ASC 606 Compliance: Optimizing Revenue Recognition
ASC 606 is all about revenue recognition, a process which is historically inconsistent across companies and industries. The guidelines are about the results of your end-to-end processes starting with contracts, through pricing, quotes, orders, and ending with revenue recognition. The full name of the rule is ASC 606: Revenue from Contracts with Customers. While the effective dates for the new guidance were staggered and delayed, they are now upon us. Many public entities have already implemented ASC 606, and nonpublic entities are required to implement ASC 606 in their first annual reporting period beginning after December 15, 2018. Please join Carl Kumpf, NeoSystems Consultant, CPA, and Principal at Integral Financial Group for this 1-hour webinar designed to teach you how to optimize revenue recognition.
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Business Systems Implementation - Top Considerations and Challenges
ERP implementations can be a daunting task. Organizations make significant investments not only in technology, but also in time and organizational resources associated with an implementation. Exploring and moving forward with a new ERP system may stem from any number of issues, from outdated IT solutions to compliance challenges; and each reason brings its own unique challenges. Whether business drivers or compliance requirements are creating the need for a new system, it is imperative organizations follow a well thought out implementation methodology to maximize their investment. Join us for a one hour webinar where we will discuss the top considerations and challenges associated with business system implementations ahead of our intensive two-day course "Due Diligence of Business Systems Implementation." Presenters are Jack Coviello and Peter Lauria About the presenters: Jack Coviello, CPA, Experienced Manager: With over eight years of experience, Jack assists clients with a broad range of matters including cost accounting and compliance, and specializes in matters related to the Federal Acquisition Regulation (FAR) and associated agency supplements and the Cost Accounting Standards (CAS). He has worked extensively in indirect cost rate structuring and modeling, measuring cost impacts, and developing and reviewing contractor cost representations. He also works closely with clients to develop, implement, and monitor policies and procedures and internal controls relative to the aforementioned compliance matters; more specifically in the accounting, estimating, and purchasing business systems. Peter Lauria, Partner: Peter is a partner in the consulting services group at Baker Tilly where he is responsible for the leadership of the firm's business information systems practice. Peter's focus is on information systems planning, financial system design, software selection and implementation, and technology and business process integration.
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Commercial Items
2018 Procurement University Online
FAR Part 12 regulates commercial item acquisition. Selling a commercial item to the Federal Government sounds easy right? Wrong. The Federal Government wants to make sure it is getting a fair and reasonable price and when buying they want to ensure it is a commercially available item. This session will cover what determines something to be a commercial item and how price analysis is conducted effectively.
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Cost Allowability
Procurement University - 2017
Session 6 of 12. So what is an "allowable cost"? FAR Part 31.205 (Selected Costs) discusses this sometimes mis-understood and confusing area. There are 46 sup-parts including advertising costs, bad debts, cost of money, depreciation, manufacturing costs, etc. Learn about these unique costs and whether they are allowable or unallowable.
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CPSR File Documentation
Documentation associated with the procurement process can come from various sources and address a number of compliance related issues. It is ultimately the responsibility of the buyer/subcontract administrator to ensure that all required documentation associated with CPSR objectives are accomplished in a timely and accurate manner. However, there are many templates, models, tools, and techniques that can be utilized by organizations in order to ensure that their documentation process produce the desired results.
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CPSR Requirements for Non Procurement Personnel
Despite the fact that auditors focus on the review of procurement files when performing audits of the subcontracting process, it is simply a fact that most of the compliance mistakes happen before procurement professionals are even involved in the process. Since most of the compliance-related decisions are made early in the process by non-procurement professionals such as Business Developers, Engineers, Senior Management, etc., it's imperative that they understand the compliance impacts of those decisions. The purpose of this webinar is to provide these functions with an overview of the laws, government policies, and regulations that apply to subcontracts as they relate to CPSR. The course will begin with an overview of the oversight requirements contained within the CPSR process. Additionally, it will address how sourcing decisions made by non-procurement professionals can negatively impact the results of this review. Topics will include:  The overview of the Subcontracting and Purchasing Process  Roles and Responsibilities of Non-Procurement Professional in Process  Key Processes Influenced by Non-Procurement Professionals: o Non-Disclosure Statements o Establishment of Teaming Agreements o Developing Statements of Work o Source Selection o Socio-Economic Considerations o Obtaining Pricing/Providing Target Pricing o Technical Evaluations o Acquisition of Commercial Items o Conducting Market Research o Establishing Procurement Lead-time o Subcontractor Responsibility o Transactional Level Oversight (Advanced Notification and Consent to Subcontract) Presented by Jeffery White
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DCAA and the Disappearing Incurred Cost Backlog
In its 2017 report to Congress, DCAA stated that it is "back on track to eliminate its (incurred cost) backlog by September 30, 2018". Although some doubt the validity of DCAA's self-declared success, the real question, what is the impact on contractors; good, bad or both? This webinar will discuss the implications including the mutual benefits of more current audits, but also the hidden risks to government contractors audited or potentially audited by DCAA.  Brief description of the regulation which requires contractor incurred cost proposals  Events that caused DCAA to all-but stop auditing incurred cost proposals; hence, the backlog  DCAA actions to reduce the backlog, notably no longer auditing "low risk" auditors  DCAA's historical and current count of proposals awaiting audit and the changing definition of an acceptable inventory  Types of audits which have been deferred pending DCAA's elimination of the backlog  DCAA's future audit priorities and how more current audits exposes contractors to more risks (accounting systems in particular)  "Connecting the dots" or knowing how DCAA expands incurred cost issues (if current) into other compliance issues This webinar is sponsored by JAMIS.
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FAR Overview - Systems and Definitions
2019 Foundations of the FAR
Initial session of the 2019 Foundations of the FAR webinar series. The Federal Acquisition Regulation (FAR) directly affects the purchase and sale of over $200 billion worth of supplies, services and construction each year by federal and state procurement offices. This critically important document is comprehensive, complex, and continually changing. All contract professionals involved in a FAR-based procurement must have a detailed working knowledge of the FAR to ensure that they are getting the best possible contract and that they are in full compliance with all applicable laws. This series is designed to address these challenges in a highly practical and user-friendly way. In this first session, Eric Crusius, a reputable authority in the field, will give an overview of the series, discuss the Federal Acquisition Regulation system, and introduce you to the relevant definitions frequently found throughout the FAR. What You Will Learn This overview is intended to give the relative newcomer to federal acquisitions a general understanding of the origin and evolution of the FAR so the listener has a contextual reference when consulting the actual document. We will discuss the historical background of the FAR, describe when the FAR applies and does not apply, explain the structure of the FAR and how it corresponds to agency FAR supplements. We will cover: Part 1: Federal Acquisition Regulations System Part 2: Definitions of Words and Terms
On-Demand Webinars
FAR Part 19 - Small Business Programs
Foundations of the FAR
This session of the Fundamentals of the FAR program will cover Part 19 of the Federal Acquisition Regulation. Steven Tomanelli, instructor of the FAR Workshop for Federal Publications Seminars and author of the Annotated FAR, FAR Desk Reference and DFARs Desk Reference, will discuss the very important small business programs. This Part falls under Subchapter D - Socioeconomic Programs and lays out items such as size standards; Set-Asides; Subcontracting; the 8(a) Program; HUBZONE; SDVOSB, WOSB, Disadvantaged Businesses;the SBA's role in the process.
On-Demand Webinars
FAR Part 49 - Termination of Contracts
Foundations of the FAR
This 90 minute session covers Part 49 Federal Acquisition Regulation. Steven Tomanelli will cover Terminaton of Contracts.
On-Demand Webinars
FAR Parts 4 and 5 - Admin Matters and Publicizing Contract Actions
2019 Foundations of the FAR
This is Session 2 of the 2019 Foundations of the FAR webinar series. This session will cover Parts 4 & 5 of the Federal Acquisition Regulation.
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Fundamentals of Contract Administration: An Overview
Fundamentals of Contract Administration
Session 1 provides an overview of contract administration including: contract formation; fiscal considerations; responsible individuals and their roles; Best Value Concept; contract clauses, changes and terminations; disputes and litigations; and more.
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General Data Protection Regulation (GDPR)
Presented to you by a host of subject matter experts, this webinar will focus on the new General Data Protection Regulation (GDPR) law and how it will impact business worldwide. Presenters will define and explain the law, give insight into what it means, and discuss best practices in protecting data. 
On-Demand Webinars
Government Contract Accounting and Pricing Foundation
Procurement University - 2017
This introductory session will provide the foundation of the next 11 sessions. We will cover topics including the acquisition life cycle, key stakeholders in contracting as well as the legal and regulatory framework. Discussion of key terms and acronyms will assist you for the duration of the series.
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Introduction to CAS
Cost Accounting Standards (CAS)
This is session 1 of 12 in the FPS CAS series. This introductory webinar is the first in a series related to the cost accounting standards (CAS). The presenter will provide an overview of the CAS and discuss the history and the administration of the standards. Series Description: This multi-part webinar series focuses on the Cost Accounting Standards (CAS), their applicability, and compliance requirements for U.S. Government contractors. CAS is one of the most complex, and punitive, laws for contractors to contend with, whether it be for new or established contractors of the U.S. Government. Once a contractor pursues, or is awarded, a CAS covered contract, their profile, regulatory requirements, and audit interest, are immediately pronounced. Simply understanding it's applicability to your U.S. Government contract universe can be an exercise in mixed interpretation. This series breaks CAS down to its fundamental requirements in simple, relatable terms to assist contractors in understanding applicable requirements, but also practical strategies for compliance, delivered by instructors who have dedicated their careers to CAS, and related U.S. Government regulatory requirements. Each webinar will provide the genesis of the standard, illustrating its purpose and move into specific compliance requirements of the respective Standard(s) covered. Instructors will share examples of common "pitfalls"" and highlight areas of risk contractors should be aware of in compliance with the respective Standard(s). The webinars have purposefully been grouped in a manner that will aid in understanding the inter-relationship of some Standards to others. Who should attend these sessions? We recommend this course for anyone that is interested in an introduction or refresher to CAS, or looking for practical insights from consulting and legal practitioners that work with CAS routinely.
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Peer Reviews- Procurement Organization
As procurement organizations mature in terms of their CPSR compliance models, one of the options to consider is the application of a peer review process. Peer reviews are often seen as an administrative task that often times do not add much strategic value to the procurement compliance process. However, there are many models, tools, and techniques that can be utilized by organizations in order to ensure that their peer review processes are indeed value added. The purpose of this webinar is to provide insight into several industry-standard peer review techniques, tools, and processes that can assist procurement organizations regarding their compliance with CPSR requirements.
On-Demand Webinars
Pricing Negotiated Contracts - Cost Based
Procurement University - 2017
This session will focus on the pricing issues related to a negotiated contract. We will discuss Table 15.2, DCAA's criteria for a negotiated cost based contract, challenges in subcontract pricing and the DFARs Checklist. Earn CPE credits if you attend this webinar live.
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Subcontract Price Analysis
This webinar will provide an overview of the hands-on strategies and techniques for conducting an effective price analysis regardless of subcontractors' proposals. The session addresses each of the FAR techniques for price analyses. We will examine the process of performing a price analysis as well as the importance of drafting a good Request for Proposal that will allow the prime contractor the opportunity to collect the details required in order to perform an effective price analysis. It will discuss the 7 price analysis techniques with FAR Part 15.404 and will explain how each can be used in a practical manner. Topics will include:  What is a Price Analysis?  Overview of the 7 Price Analysis Techniques  Supporting Documentation Requirements for Price Analyses  The Relationship Between an Effective Price Analysis and the RFP/RFQ
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The Buy American Act - Understanding Its True Meaning
The Buy American Act can be very confusing for many of us. It has a lot of exceptions, waivers and non-applicability. This program will discuss the clause that is found in many government contracts. We will discuss the two part test and DoD's partial waivers on certain items. Learn about applying country of origin and impact of trade agreements on applicability.
On-Demand Webinars
The US Contractor's Guide to Doing Business in Canada
A U.S. Contractor's Guide to Doing Business Globally
Join Borden Ladner Gervais LLP of Canada and Steptoe & Johnson LLP of Washington DC for a 90 minute webcast geared to US companies wishing to perform work for Canadian public sector customers, particularly in the aerospace, defense, engineering and government services areas.
On-Demand Webinars
The US Contractor's Guide to Doing Business in Israel
A U.S. Contractor's Guide to Doing Business Globally
Join Israeli Law firm Shibolet & Co. and Steptoe & Johnson LLP of Washington DC for a webcast geared to US companies wishing to perform work in Israel and with the Israeli government, particularly in the aerospace, defense, engineering and government services areas.
On-Demand Webinars
The US Contractor's Guide to Doing Business in Singapore
A U.S. Contractor's Guide to Doing Business Globally
Join Rajah & Tann of Singapore and Steptoe & Johnson LLP of Washington DC for a 90 minute webcast geared to US companies wishing to perform work in Singapore or for the Singapore government, particularly in the aerospace, defense, engineering and government services areas.
On-Demand Webinars
The US Contractor's Guide to Doing Business in United Arab Emirates
A U.S. Contractor's Guide to Doing Business Globally
Join Afridi & Angell of the UAE and Steptoe & Johnson LLP of Washington DC for a 90 minute webcast geared to US companies wishing to perform work in the UAE or for the UAE government, particularly in the aerospace, defense, engineering and government services areas.
On-Demand Webinars
Trade Agreements Act (TAA) Compliance for Federal Contractors
Trade Agreements Act (TAA) Compliance for Federal Contractors - webinar. This webinar will provide an in-depth analysis of the key issues that contractors should know about the TAA, including:  The applicability of the TAA, including the interplay between the TAA and other restrictions on foreign purchases, including the Buy American Act (BAA).  The standards for determining country of origin under the TAA and BAA, including the differing country of origin standards applied to products and services.  Analysis of recent trends and notable Customs decisions regarding "substantial transformation" of different types of products, including software and other IT products. And much more.
On-Demand Webinars
Truthful Cost or Pricing Data
2018 Procurement University Online
A negotiated contract (or procurement) allows the government to select a contractor on criteria other than solely a formal price competition. The FAR provides guidance for conducting these types of procurements. Only certain contract types can be used such as fixed price, incentive or cost-reimbursement. In this FPSOnline webinar session, learn how these types of contracts can be both a challenge and an opportunity for contractors. 90 Minutes.
On-Demand Webinars
U.S. Sanctions Against Russia - Where Things Stand
May 31, 2018 - 11am-noon EDT - The United States has imposed a broad range of sanctions targeting Russia, based on factors such as the annexation of Crimea, Russia's incursion into eastern Ukraine, human rights abuses in Russia, and Russia's suspected involvement in cyber intrusions and other active measures related to the 2016 U.S. presidential election. This webinar summarizes the recent intensification of sanctions against Russia and assesses their impact on both U.S. and non-U.S. parties. The webinar also summarizes how the recent measures fit into the overall framework of sanctions against Russia and provides a summary of the Russia sanctions program overall. Tune in for a timely take on a topic that lies at the heart of the geopolitical tensions between the United States and Russia. Presented by Anthony Rapa
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Understanding the Truthful Cost or Pricing Data's Application to Subcontractors
The intent of our session is to discuss the actual applications of the Truthful Cost or Pricing Data requirement as it relates to suppliers and subcontractors. In doing so, we will discuss the following: When does Truthful Cost or Pricing Data apply?  What are the exceptions?  What are the responsibilities of by Government, the prime contractor, and the subcontractor as they relate to this requirement?  What are some of the pitfalls associated with the requirement?
On-Demand Webinars
What is Fair and Reasonable Pricing from a Contract Audit Point of View based upon FAR 15.404-4
From a recent issue audit report from the GSA Office of the Inspector General the following statements were made: The OIG recognizes that it is the contracting officer's responsibility to negotiate and award a reasonable profit rate in accordance with the guidance provided under Federal Acquisition Regulation (FAR) 15.404-4-Profit. For presentation purposes, the OIG used a 10 percent profit rate to calculate the per audit labor rate for ABC's employees. We applied this factor because the vast majority of the sales analyzed were under T&M task orders, a contract type that typically carries a lower risk to the contractor. FAR 15.404-4 provides guidance on profit and states that T&M contracts should be treated in the same manner as cost-plus-fixed-fee contracts, which limits profit to 10 percent. In addition, our position is that subcontractor labor should be treated as a pass-through cost, and profit should not be applied to this labor type. This was then used to request a 32% reduction in rate for the labor category rates for the company. The OIG performed a cost build for the labor rates that were charged on task order contracts and independently reviewed base rates, indirect rates, & profit to determine what the actual target rate should have been. The purpose of this webinar is to look at Fair & Reasonable pricing based upon the above stated approach and cover the follow questions:  Is FAR 15.404-4 an appropriate measure of the percentage of profit?  Do you add a fee to manage subcontractor labor or is it straight pass through?  GSA Schedule pricing structures (CPL vs Market Rates) : what is the impact of true historical rates usage?  What are in your indirect rates? (Do you know)  What is defective pricing?  What are the legal ramifications of defective pricing?
On-Demand Webinars
What's Trending in Government Contractor Transactions
Transactions involving government contractors are on the rise. Several macro trends, including an intensified focus on defense spending, evolving regulations, cybersecurity threats, and foreign investment concerns, are driving activity in this space as well as complexity around structure and negotiated terms. These influences implicate a host of unique legal issues for suppliers of the federal government. This panel will touch on several of these and others, including distinctions between public and private transactions, changing regulatory requirements, novations, small business concerns, and recent developments at CFIUS.