Calendar

May
22
Wed
FREE WEBINAR: Risk Mitigation Strategies for DCAA Audits of Gov’t Contractor Business Systems
May 22 @ 12:00 pm – 1:15 pm

Did you know the DCAA announced a strategy to significantly increase audits of Government contractor business systems? Contractors can take steps to prepare for the potential of business system audits with some due diligence.

Our compliance experts have outlined key strategies for critical risk mitigation measures to help enhance the likelihood that the government determining contractors’ business systems are adequate. These strategies can support organizational goals to reduce contractors’ related compliance risks and be prepared in case an audit happens.

Join our experts as they provide a state of audits, a future outlook and key strategies that will help assure compliance.

This webinar is sponsored by JAMIS Software Corporation.

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.
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
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.
Nov
7
Thu
FPS – Estimating System Requirements – Procurement U Webinar
Nov 7 @ 2:00 pm – 3:30 pm