Calendar

Jun
6
Thu
FPS – Commercial Items – Procurement U Webinar
Jun 6 @ 2:00 pm – 3:30 pm
Jul
11
Thu
FPS – Overview of Cost Accounting Standards – Procurement U Webinar
Jul 11 @ 2:00 pm – 3:30 pm
Aug
1
Thu
FPS – Cost Accounting Standards Administration and Disclosure Statements – Procurement U Webinar
Aug 1 @ 2:00 pm – 3:30 pm
Aug
19
Mon
FPS- DCAA Contractor Business Systems and Internal Controls- Washington, DC
Aug 19 – Aug 20 all-day

In 2009, the Commission on Wartime Contracting issued a special report on contractor business systems. This report highlights the Commission’s principal conclusion: “Contractor business systems and internal controls are the first line of defense against waste, fraud and abuse.” This report set in motion the promulgation of the Defense Federal Acquisition Regulation Supplement (DFARS) Business Systems Rule, which was finalized on February 24, 2012.
WHAT YOU WILL LEARN
This course focuses on the development of internal controls for compliance with the DFARS defined Business Systems: Accounting, Estimating, Material Management and Accounting System (MMAS), Earned Value Management (EVM), Purchasing, and Property. The course emphasizes the role of the Defense Contract Audit Agency (DCAA) in auditing and evaluating contractors’ internal controls. In fact, DCAA has continuously developed new audit programs for assessing contractors’ compliance with the detailed requirements of the DFARS. This has been an evolution that has resulted in shifting emphases by DCAA up to and including the present time. The Defense Contract Management Agency (DCMA) has similarly adjusted its review criteria as well.
The instruction provides recommended and proven approaches to develop, maintain, and monitor internal business system controls for compliance with Government contract requirements including FAR and DFARS business system requirements.  This course is recommended for those individuals who have a fundamental or better background in negotiated government contracting, and government contract regulatory compliance-related responsibilities. It will benefit individuals with responsibilities for developing and conducting internal compliance audits and oversight reviews as well as contractors who wish to establish, improve or update existing systems of internal controls. Overall, this course will enhance skills in government contract compliance risk management.

WHO SHOULD ATTEND

  • Compliance Professionals
  • Audit and Internal Controls Professionals
  • Finance and Accounting Professionals
  • Small Business professionals
  • Prime Contractors
  • Contract Managers and Administrators
  • Senior Level Contracts Professionals

UPON COMPLETION OF THIS COURSE, PARTICIPANTS SHOULD KNOW

  • The nature and intent of business systems compliance requirements
  • Internal control risk management and compliance models
  • Inter-relationships between accounting and other related systems
  • The types of compliance internal controls
  • Indicators of risk/vulnerability and potential non-compliance in business systems
  • The adequacy qualities, government oversight approaches and significant compliance issues related to various business systems.
Aug
22
Thu
FPS- Advanced Cost Analysis in Government Contracts – Washington, DC
Aug 22 – Aug 23 all-day

Who should attend:

Finance, Accounting, Contracts Personnel, Acquisition Specialist with 5 or more years of experience in Cost and Price Analysis. Those who have taken the Cost & Price Analysis class at least 6 months prior.

What you will learn:

With the ever-increasing pressure on federal government budgets, the emphasis on ensuring that prices paid for goods and services are “fair and reasonable” is at an all-time high. “Buyers” (both Government Contracting Officers as well as Prime Contractors) are under intense scrutiny to demonstrate that analytical techniques (Cost Analysis and Price Analysis) prescribed in the Federal Acquisition Regulation (FAR) for determining “fairness and reasonableness” are being performed appropriately and adequately.

FAR describes “cost analysis” as: ” . . . the review and evaluation of any separate cost elements and profit or fee in an offeror’s or contractor’s proposal, as needed to determine a fair and reasonable price or to determine cost realism, and the application of judgment to determine how well the proposed costs represent what the cost of the contract should be, assuming reasonable economy and efficiency.”

Cost Analysis techniques and procedures include the following:

• The classification of workers

• Verification of cost data or pricing data and evaluation of cost elements

• Evaluating the effect of the offeror’s current practices on future costs

• Comparison of costs proposed for individual cost elements with various sources

• Verification that the offeror’s cost submissions are in accordance with the contract cost principles and procedures in Part 31 and, when applicable, the requirements and procedures in 48 CFR Chapter 99 (Appendix to the FAR looseleaf edition), Cost Accounting Standards.

• Review to determine whether any cost data or pricing data, necessary to make the offeror’s proposal suitable for negotiation, have not been either submitted or identified in writing by the offeror.

• Analysis of the results of any make-or-buy program reviews, in evaluating subcontract costs.

Advanced Cost Analysis focuses on these specific techniques and describes and demonstrates in detail the procedures required to accomplish these. Participants will learn not only the “why’s” but the “how to’s”.

The course objective, simply stated, is to have participants obtain a working level understanding of Cost Analysis through a thorough review and analysis of the regulations and illustrated through a variety of real-world examples, scenarios and case studies.

Materials include:

• Course Manual

• Handouts & Sli

Sep
5
Thu
FPS – Indirect Costs – Procurement U Webinar
Sep 5 @ 2:00 pm – 3:30 pm
Sep
16
Mon
FPS-Government Contract Purchasing and Subcontracting-Las Vegas, NV
Sep 16 – Sep 17 all-day

There is nothing more fundamental, more critically basic, to the success of a Government contractor than preparing proposals. One of the keys to preparing successful proposals is knowing how they are evaluated by the Government. Another is how the source selection process works — especially in the new acquisition environment of performance-based contracting and oral presentations.

As the detailed Course Curriculum illustrates, this program is a step-by-step analysis of the proposal preparation and source selection processes — from both the contractor and Government perspectives — and is designed for executives, marketing personnel, proposal writers, program manager, attorneys, engineers, contract specialists, cost analysts, and all support personnel to a competitive proposal. The benefits attendees will receive include solid reviews of:

  • Understanding the customer’s organization and regulations
  • What you must know and do before the RFP is released
  • How and when to gather information helpful to your proposal
  • How to start writing your proposal before the RFP is issued
  • The proposal: Maximizing your score…tips that really work
  • Source Selection Evaluation Boards — how they work, how ratings are assigned
  • The role of price in winning; what “best value” really means
  • How to turn a weak rating into a strong rating
  • Written and oral negotiation strategies
  • How final decisions are made and documented
Sep
19
Thu
FPS- Advanced Cost Analysis in Government Contracts – Las Vegas, NV
Sep 19 – Sep 20 all-day

Who should attend:

Finance, Accounting, Contracts Personnel, Acquisition Specialist with 5 or more years of experience in Cost and Price Analysis. Those who have taken the Cost & Price Analysis class at least 6 months prior.

What you will learn:

With the ever-increasing pressure on federal government budgets, the emphasis on ensuring that prices paid for goods and services are “fair and reasonable” is at an all-time high. “Buyers” (both Government Contracting Officers as well as Prime Contractors) are under intense scrutiny to demonstrate that analytical techniques (Cost Analysis and Price Analysis) prescribed in the Federal Acquisition Regulation (FAR) for determining “fairness and reasonableness” are being performed appropriately and adequately.

FAR describes “cost analysis” as: ” . . . the review and evaluation of any separate cost elements and profit or fee in an offeror’s or contractor’s proposal, as needed to determine a fair and reasonable price or to determine cost realism, and the application of judgment to determine how well the proposed costs represent what the cost of the contract should be, assuming reasonable economy and efficiency.”

Cost Analysis techniques and procedures include the following:

• The classification of workers

• Verification of cost data or pricing data and evaluation of cost elements

• Evaluating the effect of the offeror’s current practices on future costs

• Comparison of costs proposed for individual cost elements with various sources

• Verification that the offeror’s cost submissions are in accordance with the contract cost principles and procedures in Part 31 and, when applicable, the requirements and procedures in 48 CFR Chapter 99 (Appendix to the FAR looseleaf edition), Cost Accounting Standards.

• Review to determine whether any cost data or pricing data, necessary to make the offeror’s proposal suitable for negotiation, have not been either submitted or identified in writing by the offeror.

• Analysis of the results of any make-or-buy program reviews, in evaluating subcontract costs.

Advanced Cost Analysis focuses on these specific techniques and describes and demonstrates in detail the procedures required to accomplish these. Participants will learn not only the “why’s” but the “how to’s”.

The course objective, simply stated, is to have participants obtain a working level understanding of Cost Analysis through a thorough review and analysis of the regulations and illustrated through a variety of real-world examples, scenarios and case studies.

Materials include:

• Course Manual

• Handouts & Sli

Oct
3
Thu
FPS – Accounting System Requirements – Procurement U Webinar
Oct 3 @ 2:00 pm – 3:30 pm
Oct
22
Tue
FPS- DCAA Contractor Business Systems and Internal Controls- Sterling, VA
Oct 22 – Oct 23 all-day

In 2009, the Commission on Wartime Contracting issued a special report on contractor business systems. This report highlights the Commission’s principal conclusion: “Contractor business systems and internal controls are the first line of defense against waste, fraud and abuse.” This report set in motion the promulgation of the Defense Federal Acquisition Regulation Supplement (DFARS) Business Systems Rule, which was finalized on February 24, 2012.
WHAT YOU WILL LEARN
This course focuses on the development of internal controls for compliance with the DFARS defined Business Systems: Accounting, Estimating, Material Management and Accounting System (MMAS), Earned Value Management (EVM), Purchasing, and Property. The course emphasizes the role of the Defense Contract Audit Agency (DCAA) in auditing and evaluating contractors’ internal controls. In fact, DCAA has continuously developed new audit programs for assessing contractors’ compliance with the detailed requirements of the DFARS. This has been an evolution that has resulted in shifting emphases by DCAA up to and including the present time. The Defense Contract Management Agency (DCMA) has similarly adjusted its review criteria as well.
The instruction provides recommended and proven approaches to develop, maintain, and monitor internal business system controls for compliance with Government contract requirements including FAR and DFARS business system requirements.  This course is recommended for those individuals who have a fundamental or better background in negotiated government contracting, and government contract regulatory compliance-related responsibilities. It will benefit individuals with responsibilities for developing and conducting internal compliance audits and oversight reviews as well as contractors who wish to establish, improve or update existing systems of internal controls. Overall, this course will enhance skills in government contract compliance risk management.

WHO SHOULD ATTEND

  • Compliance Professionals
  • Audit and Internal Controls Professionals
  • Finance and Accounting Professionals
  • Small Business professionals
  • Prime Contractors
  • Contract Managers and Administrators
  • Senior Level Contracts Professionals

UPON COMPLETION OF THIS COURSE, PARTICIPANTS SHOULD KNOW

  • The nature and intent of business systems compliance requirements
  • Internal control risk management and compliance models
  • Inter-relationships between accounting and other related systems
  • The types of compliance internal controls
  • Indicators of risk/vulnerability and potential non-compliance in business systems
  • The adequacy qualities, government oversight approaches and significant compliance issues related to various business systems.