On-Demand Webinars
Accounting System Requirements
2018 Procurement University Online
This is session 7 in the Procurement University series. Presented by Capital Edge Consulting. Session 7 of 9. As a contractor, you may be subject to certain requirements related to your accounting systems. This program will cover the Pre-Award Survey of Prospective Contractor - Accounting System (Standard Form 1408) as well as the DFARS Accounting System Rule including Timekeeping, Labor Distribution and Billing.
On-Demand Webinars
Allowable and Unallowable Costs in Government Contracts
This program by Dr. Louis Rosen covers the aspects of Allowable and Unallowable Costs in Government Contracting.
On-Demand Webinars
An Introduction to the Cost Accounting Standards Board
This course takes you through the basics of the Cost Accounting Standards set by the Cost Accounting Standards Board. It discusses certain CAS clauses and related Federal Acquisition Regulations
On-Demand Webinars
An Introduction to the Incurred Costs Submission
This program is designed to give the viewer an overview and introduce them to the Incurred Cost Submission (ICS) used in Government Contracting.
On-Demand Webinars
Audit Compliance With Workflow Automation
Are you in compliance with the regulations and standards set by the agencies you do business for? Have you failed an audit because of poor internal controls or documentation? This course is designed to guide you into business process documentation and automation as a means to consistently provide audit support with faced with compliance auditor requests.
On-Demand Webinars
Basics of Government Contract Accounting
Discover the role of accounting in government contracts. Understand the key cost accounting standards requirements and regulations. Determine the requirements to business and accounting systems.
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.
On-Demand Webinars
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.
On-Demand Webinars
CAS 401 and 402
Cost Accounting Standards (CAS)
This webinar will cover CAS 401 and 402 which includes the following subjects of: consistency in estimating, accumulating and reporting costs (401) - as well as- consistency in allocating costs incurred for the same purpose (402). 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.
On-Demand Webinars
CAS 404 and 409 - Unallowable Costs and Depreciation of Tangible Capital
Cost Accounting Standards (CAS)
This is session 4 of 12 in the FPS CAS series. This webinar will cover CAS 404 and 409 This webinar will cover CAS 404 and 409 which includes the following subjects of: capitalization of tangible assets (404) and depreciation of tangible capital (409). 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.
On-Demand Webinars
CAS 406, 407, 408
Cost Accounting Standards (CAS)
This webinar will cover CAS 406, 407 and 408 which includes these subjects: cost accounting period (406); use of standard costs for direct material and direct labor (407); and accounting for costs of compensated personal absence (408).
On-Demand Webinars
CAS 410 - Allocation of Expenses to Final Cost Objectives
Cost Accounting Standards (CAS)
This webinar will cover CAS 410 which includes allocation of business unit general and administrative expenses to final cost objectives (410). 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.
On-Demand Webinars
CAS 411 - Accounting For Acquisition Costs of Material
Cost Accounting Standards (CAS)
This webinar will cover CAS 411 which includes the following subject: accounting for acquisition costs of material (411).
On-Demand Webinars
CAS 412 and 413 - Pension Cost: Composition, Allocation, Adjustment
Cost Accounting Standards (CAS)
This webinar will cover CAS 412 and 413 which includes: composition and measurement of pension cost (412); and adjustment and allocation of pension cost (413). 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.
On-Demand Webinars
CAS 414 and 415
Cost Accounting Standards (CAS)
This webinar will cover CAS 414 and 415 which includes the following subjects of: cost of money as an element of the cost of facilities capital (414), and accounting for the cost of deferred compensation (415).
On-Demand Webinars
Commercial Item Determination
Procurement University - 2017
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 is determines something to be a commercial item and how price analysis is conducted effectively. 90 Minutes
On-Demand Webinars
Commercial Item Determination and Acquisition Requirements and Process
The purpose of this webinar is to provide insight in to the Government's expectations regarding the documentation of commercial items, the associated market research, and other related compliance requirements from a CPSR compliance standpoint. Production date August 28, 2018.
On-Demand Webinars
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.
On-Demand Webinars
Cost Accounting Standards - Applicability - Disclosure Statements
2018 Procurement University Online
Session 4 of 9. In this session, we will discuss Cost Accounting Standards (CAS) and full and modified CAS covered contracts. You will learn about the most important standards and applicability as well as CAS administration issues such as changes to cost accounting practices. 90 Minutes
On-Demand Webinars
Cost Accounting Standards and Disclosure Statements
Procurement University - 2017
Session 10 of 12 of Procurement University. In this session, we will discuss additional CAS requirements and take a deep dive into the disclosure statements that may be required. We will also cover DCAA's and DCMA's audit and review processes. 90 Minutes
On-Demand Webinars
Cost Allocation 101
During this one hour webinar, we will review key regulatory compliance and industry best practices in dealing with the allocation of indirect costs.
On-Demand Webinars
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.
On-Demand Webinars
CPSR - Current Issues and Hot Topics - Sep 30 2015
98% of firms will not pass their initial CPSR which could result in losing the competitive marketing advantage and cash flow impact. This webinar provides a real time and comprehensive overview of key elements auditors look for in a CPSR. Join us for this webcast as Jeffery White of JA White and Associates discusses the latest and greatest issues related to Contractors Purchasing System Reviews.
On-Demand Webinars
CPSR Current Issues and Hot Topics - March 2015
Contractors Purchasing Systems Review is an important step for all contractors. Understand the importance and reasons for it.
On-Demand Webinars
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.
On-Demand Webinars
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
On-Demand Webinars
CPSR: What You Need to Have in Place to Pass a Purchasing System Review
Join industry expert Chase Kunk for an overview on Contractor Purchasing System Reviews, including system elements that must be in place to successfully pass a purchasing system review.
On-Demand Webinars
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.
On-Demand Webinars
Demystifying the CPSR: Podcast
Join our presenters as they "Demystify the CPSR" with an informative discussion with answers to questions like: "Can you describe the government's evaluation of a purchasing system?" and, "We hear about FAR Part 44 as the go-to-regulation. Are there other regulations of value to this process?"
On-Demand Webinars
Estimating System Requirements
2018 Procurement University Online
Session 8 of 9. This session on Estimating Systems will discuss impacts of estimating systems on the accounting and pricing functions. We will cover the Estimating System adequacy criteria contained in the DFARS business systems rule, and what DCAA looks for in the audit process.
On-Demand Webinars
FAR Parts 12 and 16 - Commercial Items and Types of Contracts
Foundations of the FAR
This session of the Fundamentals of the FAR program will cover Parts 12 and 16 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 cover the acquisition of commercial items (Part 12) and discuss the use of commercial item as preference by the government. Mr. Tomanelli will also discuss Types of Contracts (Part 16) - Fixed-Price; Cost-Reimbursement; Incentive; Indefinite-Delivery; Time and Materials, Labor-Hour, and Letter Contracts; and Agreements. Upon completion, you will have a better understanding of the FAR and its impact to both government contractors and government procurement professionals. CPE/CLE credit for attendees are subject to participation and approval by the governing boards.
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.
On-Demand Webinars
Government Contract Accounting and Pricing Foundation
2018 Procurement University Online
This introductory session of the Procurement University series will provide the foundation of the next 9 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.
On-Demand Webinars
How to Prepare Today for Your Next CPSR
The object of this session is to discuss immediate practical steps that your firm can take to improve your opportunity to obtain an approved purchasing system. Even though most firms will not pass their initial CPSR, proactive corrective actions taken prior to the review will reduce the amount of post-review activities. During this webinar, J.A. White & Associates Inc. provides practical steps that your firm can leverage today.
On-Demand Webinars
Indirect Costs
Procurement University - 2017
Session 5 of 12. Indirect Costs refers to the overhead applied to a contract. The Federal Government requires contractors to submit an annual proposal to finalize claimed indirect costs. In this program, you will learn about indirect rate structures, the Forward Pricing Rate Proposal (FPRP), DCAA's FPRP Checklist, and the final indirect cost rate proposal process. 90 Minutes.
On-Demand Webinars
Indirect Costs
2018 Procurement University Online
Session 6 of 9. Indirect Costs refers to the overhead applied to a contract. The Federal Government requires contractors to submit an annual proposal to finalize claimed indirect costs. In this program, you will learn about indirect rate structures, the Forward Pricing Rate Proposal (FPRP), DCAA's FPRP Checklist, and the final indirect cost rate proposal process. 90 Minutes.
On-Demand Webinars
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.
On-Demand Webinars
Life Cycle of an Indirect Cost Rate Proposal
This webinar will trace and explain the process from contractor submission of the indirect cost rate proposal through the initial test of DCAA's adequacy checklist, the audit or non-audit (DCAA's low risk sampling plan), DCAA's new urgency in completing the audits, typical audit issues/issue resolution, and contractor actions after finally getting a rate agreement letter.
On-Demand Webinars
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
Practical Lessons in Defending and Litigating Defective Pricing Audits
Applying over 30 years of Government and private law firm experience in defective pricing, this course zeros in on lessons learned from these avoidable errors.
On-Demand Webinars
Preparing for an Incurred Cost Submission
Presented by Chad Braley of Capital Edge Consulting, this webinar is a discussion on the Incurred Cost Submission including the format, requirements, schedules and the all-important ICS due date.
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.
On-Demand Webinars
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
On-Demand Webinars
Ten Steps to Secure Final Payment in Government Contracts
A webcast exploring key practices in securing final payment upon contract closeout.
On-Demand Webinars
Top Ten Elements Contractors Must Know About Cost Principles
A program covering core elements government contractors should know about cost principles.
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
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?