Whitepaper: The Audit World's Biggest Myths
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Whitepaper: The Audit World's Biggest Myths
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May 9, 2024

Preparing for A Successful DCMA 640 Small Business Program R8:00 am - 3:00 pmNew for 2024! This course will provide attendees with a detailed understanding of a plethora of small business-related requirements levied upon prime contractors doing business with the U.S. government. These statutory, regulatory, and contractual requirements present audit, compliance, financial, and competitive risks to large business contractors. The Defense Contract Management Agency (DCMA), through its Small Business Compliance Group, conducts comprehensive reviews of large business contractors’ Small Business programs. These reviews are intended to validate that contractors’ utilization of small business concerns is consistent with applicable laws and regulations as well as each organization’s various small business subcontracting plans. At the completion of this course, attendees will have learned what to expect from a DCMA 640 Small Business Program Review, including the latest areas of emphasis from DCMA, as well as readiness strategies and tactics that will benefit their organizations in preparing for and navigating their next 640 Review. Who should attend:
This in-depth one-day course is recommended for those individuals who are responsible for or have a significant impact on the utilization of small business concerns, which includes Small Business Liaison Officers, Purchasing and Subcontracting staff and management, Contracts management, and Program Managers.
Learning Objectives:
Understand the purpose, intent, and structure of the DCMA 640 Small Business Program Review
Prepare for a DCMA 640 Small Business Program Review
Respond accurately to the initial data call from DCMA
Recognize how to ascertain whether a business qualifies as a small business correctly
Recognize the compliance requirements associated with Small Business Subcontracting Plans
Ensure that ISRs and SSRs are calculated and submitted correctly
Understand and prepare for the latest areas of emphasis within the DCMA 640 Review
Identify weaknesses within your current Small Business Program and mitigate them accordingly
Leverage ancillary resources within your firm to upgrade the effectiveness of your Small Business Utilization Program
Construct essential elements within your Small Business Utilization Program that will help elevate your future ratings
Classroom / San Diego, CA / Hyatt Regency La Jolla at Aventine Learn More »

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Whitepaper: The Audit World's Biggest Myths
Download Now
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