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Overview
Who Should Attend
Whether you are an Alaska Native Corporation or a government contractor doing business in Alaska, you will find this seminar to be valuable and informative. It is intended for professionals in the areas of:
  • accounting or finance
  • compliance or internal audit
  • program or contract management
  • in-house counsel
What You Will Learn
Upon completion of this course, the participant should be aware of recent legislative, regulatory and DCAA audit guidance actions affecting government contract compliance and know how to:
  • assess business systems’ compliance against DFARS criteria and other Government requirements
  • document business system process and internal controls
  • remediate or correct deficiencies
  • monitor or self-assess compliance and internal control effectiveness
  • demonstrate overall business system adequacy and compliance
Course Overview
This two-day course will start with a half-day overview and update of current “Hot Topics” related to contracting with the Federal Government and interacting with the Defense Contract Audit Agency (DCAA). This session will address recent legislation and rules impacting government contracting as well as DCAA audit guidance (MRDs) and instruction to its auditors.

The next day will then focus on the compliance aspects of contractor business systems (accounting, estimating and purchasing) in today’s government contract compliance environment.  This interactive session will teach participants how to assess and remediate their company’s business systems and demonstrate compliance to government auditors.  It will address the history of contractor business systems, how to assess a business system for compliance with government requirements, how to develop new compliant policies and procedures, and how to monitor and maintain business system internal controls. We will instruct participants how to walk government auditors through business system processes, related documentation and key internal controls to demonstrate compliance with government requirements.

We will conclude on the second day with two panel discussions focused on an analysis of what contractors are seeing in the market today and issues they are facing with government contract administration, compliance and interaction with DCAA and DCMA personnel.  One panel will consist of selected ANC compliance professionals and will address accounting and compliance aspects of their government contracts.  The other panel will consist of outside counsel and selected ANC in-house legal professionals focused on current events and trends in the legal community.
Dates/Locations
No upcoming dates/locations at this time
Agenda
Day 1 – 9:00am – 4:00pm

Morning
DCAA / DCMA Hot Topics and Current Events
• Legislation and rules impacting government contracting
• DCAA audit guidance (MRDs) and instruction to its auditors
• DCMA commercial item initiative
• DCAA strategic initiatives
• DCAA’s 2014 annual report to Congress

Afternoon
Business Systems (Accounting, Estimating, Purchasing)
• Business System Requirement Overview
o Requirement Background
o Common System Requirements
o Requirements Comparison
o Significant Deficiency Findings
• Assessing the Adequacy of Business Systems
o System Evaluation Overview
o Determining System Requirements
o Identification of Internal Control Gaps
o Policy and Procedure Reviews
• Remediation Process
o Develop Internal Controls
o Revise Policies and Procedures
o Develop Compliance Tools

Day 2 – 9:00am – 4:00pm

Business Systems (Accounting, Estimating, Purchasing) – Cont’d.

Morning
• Building Compliance Documentation
o Internal Control Requirements Matrix
o Policies and Procedures
o System Process Flows
• Monitoring & Maintenance
o Internal Control Testing
o Training
o Policy and Procedure Monitoring
o Compliance Reporting
• Demonstrating System Compliance and Government Walk-Through

Afternoon
• Panel Discussion 1 (Legal Updates)
• Panel Discussion 2 (Compliance and Accounting Updates)
Accreditation
See Individual Courses For Available Credits
Certificates of Completion are provided to all seminar participants who attend Federal Publications Seminars courses following the event, upon request.
CPE: Continuing Professional Education
Field of Study: Specialized Knowledge
Delivery Method: Group-Live Classroom
Federal Publications Seminars is affiliated with West Professional Development and is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
For more information regarding administrative policies such as refunds, cancellations and complaints, please contact Federal Publications Seminars at 888.494.3696.
CPE Hours
This program is eligible for: 13 (CPE) hours of credit
Program Level: n/a
Program Prerequisite: n/a
Advance Preparation: n/a
Method: n/a
CLP: Continuous Learning Points
Approved for CLP by Defense Acquisition University
Defense Acquisition Workforce members must acquire 80 Continuous Learning Points (CLP) every two years from the date of entry into the acquisition workforce for as long as the member remains in an acquisition position per DoD Instruction 5000.66. We will provide you with documentation of points awarded for completing the event.
CLP Hours
This program is eligible for: 11 (CLP) hours of credit
CLE: Continuing Legal Education
States have widely varying regulations regarding MCLE credit. LegalEdcenter is an approved provider in AL, AK, AR, CA, GA, IL, ME, MO, MS, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, PA, RI, SC, TN, TX, UT, VA, VI, VT, WA, WI, and WV. Credit may be applied for in other jurisdictions on request and in accordance with state MCLE rules.
Please note that because some states are changing their policy on CLE reporting, you will need to fill out the request for credit from Federal Publications Seminars within 10 business days, or we may not be able to issue credits for the program.
CLE Hours
This program is eligible for: 11 (60 minutes), (50 minutes)
Travel
No travel information is available at this time