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This is session 4 of 4 in the Crash Course in Cost-Based Acquisition series.

Learn the fundamental audit expectations when chasing and supporting cost-based acquisition. The breadth of contract audits includes both pre-award and post-award reviews and range from contract pricing through contract close-out audits. This crash course will provide a basic overview of the contract audit process and discuss audit triggers and timing of common contract audits including Contract pricing, Accounting, Billing, Indirect rates, and Cost Accounting Standards. 

Learning Objectives: In this session, participants will become familiar with common contract audits – both pre-award and post award. They will learn the audit triggers for common contract audits and the expected timeline and key characteristics associated with each of these audits. Finally, they should be able to identify conventional audit risks and readiness strategies to mitigate contract audit risks.
About Our Experts
  • Deborah Nixon
    Founder & Managing Officer, Crosshair Advisors
    Deborah Nixon, is a nationally recognized trainer, licensed Certified Public Accountant (CPA) and career dedicated Government contracts practitioner with over 30 years of experience. Deborah is the founder of Crosshair Advisors, and a retired Partner with Ernst & Young’s Government Contract Services practice where she worked for 25 years. Before joining EY, she held management positions with both large and emerging growth contractors including Motorola and General Dynamics.
    EDUCATION

    Masters of Business Administration in Strategy and Entrepreneurship from University of North Carolina’s Kennan-Flagler Business School

    Honor student inducted into the Beta Gamma Sigma Honor Society

    Bachelor’s Degrees in Finance and Economics from University of Maryland

    Attended American University’s Graduate Accountancy Program

    Holds a Certificate in Corporate Governance and Board Effectiveness from Northwestern University, Kellogg School of Management
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