The session provides an overview of the cost impact process, with a specific focus on the parties involved in the review and audit, along with expectations from DCAA. We will discuss the factors that contribute to a cost accounting practice change and the requirements to submit a Cost Impact, including identifying the change, determining the impact population, calculating the impact and driving toward resolution. We will touch on many of the key deliverable expectations included in DCAA's Cost Impact Adequacy Tool and likely areas of emphasis during the audit. Learning Objectives:  Overview of the Cost Impact process, including parties involved  Characteristics of a Cost Accounting Practice Change  Understanding the difference between a General Dollar Magnitude and a Detailed Cost Impact  Common risk factors to think about that may be raised during a Cost Impact proposal audit  Overview of DCAA's Cost Impact Adequacy Tool

The session provides guidance on how to navigate a DCAA accounting system audit. The webinar takes a lifecycle approach. It begins with understanding the different accounting system and associated audit requirements, to supporting the audit process, through audit reporting and corrective action. This course emphasizes the practical realities of an accounting system audit by offering tips and tricks to get out in front of audit findings, managing auditor/auditee relationships, avoiding common pitfalls, and facilitating timely corrective action if adverse audit findings surface. Learning Objectives:  High-level overview of the accounting system requirements  Understanding and differentiation of accounting system audit types and associated approaches  Developing strong working relationships with DCAA  Common DCAA data requests to expect and the rationale behind them  Sensitive areas and common contractor pitfalls during accounting system audits  Tips and tricks to get in front of potential audit findings and facilitate timely corrective action

This session provides guidance on what to expect before, during, and after a DCAA Incurred Cost Proposal (ICP) audit. Along with covering the typical ICP audit process, we explore the normal areas of focus for DCAA, expected DCAA data requests and their purpose, typical DCAA findings and potential responses to those findings, as well as some best practices to avoid common pitfalls during the audit process. Learning Objectives:  Brief overview of the ICP and its purpose  DCAA selection criteria for ICP audits  Understanding the difference between an adequacy review vs. a full audit  Common DCAA data requests to expect and the rationale behind them  Common DCAA findings  Tips on how to defend against findings, particularly questioned costs  Most common challenges contractors face during an ICP audit and tips on how to overcome them

Since January 2025, President Trump has signed over 125 Executive Orders - many of which directly or indirectly affect the government contracting industry. These orders range from "Establishing the Department of Government Efficiency" and "Reforming Foreign Defense to Improve Speed and Accountability," to "Restoring Common Sense to Federal Procurement." Among this barrage of Executive Orders, is other information released by agencies such as employee terminations, CMMC 2.0 rollout, and the elimination of whole departments within agencies and the consolidation of purchasing/acquisition offices. With so many rapid changes, disruptions and noise, FPS is offering you the opportunity to talk directly with stakeholders and subject matter experts. This panel is designed to help sort out the current situation and get a glimpse of the future for the industry. This 90+ minute panel features FPS industry specialists who stay current on all the latest trends and can help make sense of and navigate these critical issues contractors are facing. Our panel will discuss: · The various Executive Orders that directly impact the industry including: - EO on Foreign Supply and impact on international direct sales and Foreign Military Sales - FAR 2.0 and the180 day window the FAR Council has achieved the objectives of the EO · Rumor, Fact and Fiction about Acquisition, Commerciality, and Implementation · The quiet changes DCAA has been making to Audit rules. · CMMC 2.0 and its implementation as of today This event is not eligible for CLE/CPE credits.

A Forward Pricing Rate Proposal (FPRP) is one of the main outputs of a contractor's annual budgeting and planning cycle, and thus receives a lot of audit attention. Even though this attention occurs regularly during the year in connection with contract pricing proposals, DCAA re-scrutinizes FPRPs as part of an overall estimating system audit. Join our experts for this one-hour webinar - part of a larger webinar series focused on government audits - to discuss common forward pricing rate audit challenges and findings, strategic risk mitigation options, and tactical tips and tricks to ensure a successful audit. Learning Objectives:  The purpose and intent of forward pricing rates, and the focus of government audits  Who performs these audits, with a primary focus on the Defense Contract Audit Agency  Recent areas of attention and common challenges contractors face during FPRP and proposal audits  How estimating business system audits intersect with and are impacted from FPRP audits  Strategies for managing and addressing audit requests  Key estimating process risk areas and how to mitigate them

Regulatory compliance in the government contracting world changes on a frequent basis. Regulatory compliance authorities come in various forms; including, legislation, rule-making, regulation and agency-specific procedure, and it is important for contractors to stay on top of the current and changing environment. Join JAMIS Software guest presenter, Craig Stetson, of the Government Contracts Practice at Capital Edge Consulting, Inc. as he reviews the compliance updates and challenges that may affect government contractors and potentially impact various areas of your business, including:  Statutory and Regulatory Updates  NDAA, Executive Orders, Proposed and Final Rules  DCAA / DCMA Guidance and Instruction  MRDs, PGIs, DCAA CAM  DCAA Audit Trends and Initiatives, Annual Report to Congress  GAO Reports, IG Reports, ASBCA / COFC Decisions Learning Objectives: Upon completion of this webinar, participants should be aware of recent legislative, regulatory, and DCAA audit guidance actions affecting government contract compliance and identify challenges that may be in store for the remainder of the year and beyond.

Join CohnReznick's Kristen Soles and Christine Williamson for a discussion of updates and initiatives of the Defense Contract Management Agency (DCMA) and Defense Contract Audit Agency (DCAA). Stay one step ahead of your competition by understanding how DCMA and DCAA initiatives may affect your operations. In this webinar, we'll cover the latest developments and industry trends. Join us for this webinar as our experienced government contracting professionals discuss the following hot topics:  Regulatory impacts  Business system updates  Recent reports to Congress  Reports from the GAO and others  Cybersecurity and infrastructure update

Regulatory compliance in the government contracting world changes on a frequent basis. Regulatory compliance authorities come in various forms; including, legislation, rule-making, regulation and agency-specific procedure, and it is important for contractors to stay on top of the current and changing environment. Join JAMIS Software guest presenter, Craig Stetson, of the Government Contracts Practice at Capital Edge Consulting, Inc. as he reviews the compliance updates and challenges that may affect government contractors and potentially impact various areas of your business, including:  Statutory and Regulatory Updates  NDAA, Executive Orders, Proposed and Final Rules  DCAA / DCMA Guidance and Instruction  MRDs, PGIs, DCAA CAM  DCAA Audit Trends and Initiatives, Annual Report to Congress  GAO Reports, IG Reports, ASBCA / COFC Decisions Learning Objectives: Upon completion of this webinar, participants should be aware of recent legislative, regulatory, and DCAA audit guidance actions affecting government contract compliance and identify challenges that may be in store for Q4 and beyond.

Regulatory compliance in the government contracting world changes on a frequent basis. Regulatory compliance authorities come in various forms; including, legislation, rule-making, regulation and agency-specific procedure, and it is important for contractors to stay on top of the current and changing environment. Join JAMIS Software guest presenters, Craig Stetson and Brian Gallagher of the Government Contracts Practice at Capital Edge Consulting, Inc. as they review the compliance updates and challenges that may affect government contractors and potentially impact various areas of your business, including: ? Statutory and Regulatory Updates ? NDAA, Executive Orders, Proposed and Final Rules ? DCAA / DCMA Guidance and Instruction ? MRDs, PGIs, DCAA CAM ? DCAA Audit Trends and Initiatives, Annual Report to Congress ? GAO Reports, IG Reports, ASBCA / COFC Decisions Learning Objectives: Upon completion of this webinar series, participants should be aware of recent legislative, regulatory, and DCAA audit guidance actions affecting government contract compliance and identify challenges that may be in store for Q3 and beyond.

Regulatory compliance in the government contracting world changes on a frequent basis. Regulatory compliance authorities come in various forms; including, legislation, rule-making, regulation and agency-specific procedure, and it is important for contractors to stay on top of the current and changing environment. Join JAMIS Software guest presenters, Craig Stetson and Brian Gallagher of the Government Contracts Practice at Capital Edge Consulting, Inc. as they review the compliance updates and challenges that may affect government contractors and potentially impact various areas of your business, including: ? Statutory and Regulatory Updates ? NDAA, Executive Orders, Proposed and Final Rules ? DCAA / DCMA Guidance and Instruction ? MRDs, PGIs, DCAA CAM ? DCAA Audit Trends and Initiatives, Annual Report to Congress ? GAO Reports, IG Reports, ASBCA / COFC Decisions Learning Objectives: Upon completion of this webinar series, participants should be aware of recent legislative, regulatory, and DCAA audit guidance actions affecting government contract compliance and identify challenges that may be in store for Q2 and beyond.