This two-day course provides an in-depth look at accounting system requirements for government contractors. Learn how to maintain compliance with FAR, CAS, and GAAP, track direct/indirect costs, establish internal controls, and prepare for audits. Ideal for compliance officers, CFOs, and finance professionals managing contract cost accounting.
This CPSR course module provides an overview of the DFARS CPSR requirements for commercial determinations. The course covers when a commercial determination is required, the benefits of commercial products and services, and criteria in a well-written commercial determination. The course also covers what DCMA CPSR reviewers look for in the policies and procedures and in the purchasing files.
This CPSR course module provides an overview of the purchasing system expectations, procurement process, the regulatory expectation for competition, different types of procurements, and the regulatory basis for sole source.
This CPSR course module covers the DFARS CPSR requirements for consent to subcontract, when it is required, the information to provide to the contracting officer for approval, and the documentation needed for the purchase order file.
This CPSR course includes modules for the significant areas in a contractor’s purchasing system. Each module touches on the DFARS 252.244-7001 Contractor Purchasing System Administration criteria for the particular topic.
This course provides an overview of Cost Accounting Standards (CAS). When contractors receive their first contract subject to modified or full CAS, understanding the requirements can be overwhelming.
This CPSR course module provides an overview of the DFARS CPSR requirements for cost and price analysis.
This CPSR course module provides an overview of the DFARS CPSR requirements for protecting the government’s interest when subcontracting with contractors debarred, suspended, or proposed for debarment, otherwise known as debarment.
This course covers FAR Part 31 Cost Principles, focusing on cost accounting and allowability in government contracts. Attendees will learn about compliant systems, key cost types, recent regulatory changes, and audit trends. The course also examines cost issues relevant to your organization, specifically for commercial entities under FAR 31.2.
This course provides an introductory foundation for participants to understand the FAR Part 31 total cost principles, including segregation of cost by contract, direct cost charging, indirect cost groupings, and proper allocation bases, identifying unallowable costs, and properly documenting expenses. Examples of these costs include direct and indirect expenses. This module also introduces typical indirect cost pools and allocation bases and provides an explanation of indirect rates.
This course provides government contractors with a fundamental understanding of contract oversight, audits, and compliance reviews. Learn how agencies like DCAA, DCMA, and GAO assess contractor systems, distinguish audits from investigations, and navigate pre- and post-award compliance. The course also examines common compliance risks and strategies for navigating audit and review processes.
This CPSR course module provides an overview of a contractor purchasing system review. The course covers the purchasing system in general, the different agencies that perform CPSR reviews, when a CPSR review is required, the scope of the review, and the different criteria that are addressed during the review.
This course discusses provisional billing rates and their importance. FAR 42.704 Billing Rates addresses the government’s regulation on establishing provisional billing rates.
This CPSR course module provides an overview of the DFARS CPSR requirements for the Truthful Cost or Pricing Data Act (formerly the Truth in Negotiations Act or TINA).