In this session, we will discuss Cost Accounting Standards (CAS) including both full and modified CAS coverage. You will learn about each of the standards, applicability, exemptions, and CAS administration issues such as changes to cost accounting practices. Learning Objectives: By the end of the webinar you should be able to:  Understand the purpose of Cost Accounting Standards (CAS);  Identify the specified exemptions to CAS;  Analyze whether or not a contract is subject to CAS based on contract clauses and thresholds and if covered, whether modified or full coverage is required; and  Have a basic understanding of the cost accounting practice changes.

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 ensure it is a commercially available item. This session will cover what determines an item or service to be commercial and how to effectively support price reasonableness. Learning Objectives: By the end of the webinar you should be able to:  Identify commercial items and commercially available off-the-shelf (COTS) items;  Determine how to classify an item as commercial and document commercial items with an adequate commercial item determination (CID);  Support price reasonableness with the appropriate method of analysis (price or cost); and  Understand the DCMA Commercial Item Group's role in the federal acquisition process.

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.

A negotiated contract (or procurement) allows the government to select a contractor based on criteria other than solely a formal price competition. The FAR provides guidance for conducting these types of procurements and the contract types that can be used by both the federal government and its contractors (e.g. fixed price, incentive, or cost-reimbursement). In this session, learn how these types of contracts can be both a challenge and an opportunity for contractors and about the extra steps necessary to justify the proposed price. Learning Objectives: By the end of the webinar you should be able to:  Differentiate between cost and price analysis and understand the appropriate times to apply each method;  Define cost or pricing data, certified cost or pricing data, and data other than cost or pricing data;  Understand defective pricing and how to prevent it; and  Utilize the six-step process to develop a compliance process that fits the needs of your firm.

In this session, we will introduce the students to the federal marketplace, the acquisition process, and the regulatory environment that surrounds it all. We will examine the various procurement vehicles that contractors utilize to fulfill their obligations to the US Government. We will also guide students through contract pricing and cost allowability to protect the interests of both the contractor and the federal government as well as help the contractor recuperate the costs associated with each contract. Learning Objectives: By the end of the webinar you should be able to:  Have a basic understanding of the federal acquisition process;  Understand the regulatory environment that surrounds the federal marketplace;  Identify the various procurement methods and contract types;  Determine the allowability of contract costs; and  Recognize the principles of contract pricing and the techniques of determining a fair and reasonable price.

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.

A contractor's Disclosure Statement is its benchmark for conducting business with Uncle Sam. We'll kick off this web series with an overview of the CASB Disclosure Statement. Specifically, we'll discuss the applicability and trigger requirements for CAS and the Disclosure Statement. Next, we'll discuss the Disclosure Statement and define the cost accounting practices described within it. The first session will preview the web series and establish the foundation for the following 3 sessions, where we delve into greater detail and provide perspective on some of the most often raised compliance challenges.

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

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.