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  • Classroom
    Scheduled year-round, these courses offer you a hands-on way to learn.
  • Virtual
    Attend courses live in a virtual classroom providing real-time interaction with instructors.
  • Webinars
    FPS Webinars bring you quality training in an easily digestible 1- 2-hour webinar format.
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    Spend 1 to 5 days immersed in government contracting topics and networking.
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    A repository of "just-in-time" informal learning resources critical to the government contractor.
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  • Live Webinars
    Each month FPS offers 5-15 new, live webinars that are 60-90 minutes in length. Whenever possible, we provide accreditation for paid webinars. All upcoming live webinars are included in an FPSOnline Subscription.
  • Webinar Series
    Webinar series provide in-depth treatment in topical areas.Each series consists of a number of 60-90 minute live and on-demand webinars, presented by the foremost experts in the field.
  • On-Demand Webinars
    The FPSOnline library contains hundreds of on-demand courses covering the foundations of contracting and hot topics in the federal contracting industry. IMPORTANT: On-demand webinars are NOT eliglible for CLE or CPE credits. Wherever possible, we provide accreditation for those who attend 'live' webinar sessions.
On-Demand Webinars
May 28, 2025
DCAA Audits of CAS Cost Impact Proposals - Session 4 - DCAA Audits Series 2025
DCAA Audits Webinar Series - 2025
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
On-Demand Webinars
May 21, 2025
A Practical Guide to DCAA Accounting System Audits - Session 3 - DCAA Audits Series 2025
DCAA Audits Webinar Series - 2025
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
On-Demand Webinars
May 14, 2025
DCAA Incurred Cost Proposal Audits - Session 2 - DCAA Audits Series 2025
DCAA Audits Webinar Series - 2025
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
On-Demand Webinars
May 7, 2025
DCAA Forward Pricing Rate Audits - Session 1 - DCAA Audits Series 2025
DCAA Audits Webinar Series - 2025
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
On-Demand Webinars
Dec 5, 2024
DCAA/DCMA Reviews and Audits - Session 9 - Procurement University 2024
Procurement University - 2024
This session will provide an overview of the reviews and audits conducted by the Defense Contract Management Agency (DCMA) and Defense Contract Audit Agency (DCAA). Learn about the types of audits, how to address the audit process, and how to deal with audit positions and written findings. Learning Objectives: By the end of the webinar you should be able to:  Be able to describe the similarities and differences between a review and an audit;  Understand what areas DCAA is responsible for auditing and DCMA is responsible for reviewing;  Understand the current DCMA and DCAA initiatives and how they impact the contracting industry;  Recognize potential challenges and corresponding mitigation strategies for auditees; and  Understand current auditor expectations and challenges.
On-Demand Webinars
Nov 7, 2024
Estimating System Requirements - Session 8 - Procurement University 2024
Procurement University - 2024
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.
On-Demand Webinars
Sep 5, 2024
Indirect Costs - Session 6 - Procurement University 2024
Procurement University - 2024
Indirect Costs refer to the cost associated with running the business and supporting direct projects, but cannot themselves be defined as direct costs (e.g. finance, legal, facilities, IT, fringe benefits). The Federal Government allows for reimbursement of these costs and contractors have flexibility in how their indirect costs are structured and applied to direct contract costs. Throughout the contract life cycle and fiscal year, there are several types of indirect rate calculations used. In this program, you will learn about indirect rate structures, the Forward Pricing Rate Proposal (FPRP), DCAA's FPRP Checklist, billing rates and the final indirect cost rate proposal process. Learning Objectives: By the end of the webinar you should be able to:  Differentiate between direct and indirect costs using real examples;  Define two-tier and three-tier rate structures;  Identify three types of G&A allocation bases;  Understand the Forward Pricing Rate Agreement process; and  Determine when an Incurred Cost Proposal (ICS) is appropriate and how it is utilized.
On-Demand Webinars
Dec 7, 2023
Procurement University 2023 - Session 9 - DCAA/DCMA Reviews and Audits
Procurement University - 2023
This session will provide an overview of the reviews and audits conducted by the Defense Contract Management Agency (DCMA) and Defense Contract Audit Agency (DCAA). Learn about the types of audits, how to address the audit process, and how to deal with audit positions and written findings. Learning Objectives: By the end of the webinar you should be able to:  Be able to describe the similarities and differences between a review and an audit;  Understand what areas DCAA is responsible for auditing and DCMA is responsible for reviewing;  Understand the current DCMA and DCAA initiatives and how they impact the contracting industry;  Recognize potential challenges and corresponding mitigation strategies for auditees; and  Understand current auditor expectations and challenges.
On-Demand Webinars
Nov 2, 2023
Procurement University 2023 - Session 8 - Estimating System Requirements
Procurement University - 2023
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.
On-Demand Webinars
Oct 5, 2023
Procurement University 2023 - Session 7 - Accounting System Requirements
Procurement University - 2023
As a contractor, you may be subject to certain requirements related to your accounting system. This program will cover the Pre-Award Survey (Standard Form 1408) as well as the DFARS Accounting System Rule including Timekeeping, Labor Distribution and Billing. Learning Objectives: By the end of the webinar you should be able to:  Understand a pre-award accounting system survey and its purpose in the federal-award process;  Identify the objective of the accounting business system and its common criteria;  Apply the accounting system adequacy attributes to real-world examples;  Recognize which accounting subsystems are covered in the Defense Contract Audit Manual (DCAM); and  Be aware of potential issues when implementing new accounting systems.
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