USG Contractors often are involved in intracompany and intercompany relationships. These relationships may impact contract pricing, contract cost accounting, and a company’s financial accounting. Related-party transactions are a common business practice posing particular challenges for US Government contractors.  
Challenges such as:

• Identifying the difference between intracompany and intercompany transactions
• Transferring at cost versus price, and when to do so
• Differences between financial accounting and USG costing and pricing 
• Defining and avoiding excessive pass-throughs and profit pyramiding

This webinar series kicks off by defining with examples the differences between the terminology --  intracompany and intercompany transactions. Once defined, the USG contract pricing and accounting regulations are identified, explained, and applied to each type of transaction, all while comparing and contrasting to US financial accounting practices.