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This is session 7 of 9 in the Procurement University webinar series.

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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