DCAA, DCMA, and Regulatory Compliance Update (FL)

Interested in finance compliance? Join us in Florida for our two-day compliance tune up!

Interested? click here to learn more or register!

Feb 27: Compliance Update

The Public Contracting Institute (PCI) is pleased to invite you to the annual DCAA/DCMA and Regulatory Compliance Update. Please join us for an opportunity to hear from government contracting industry executives about a range of issues, including the current DCAA/DCMA environment, compliance matters, impact of business systems requirements in today’s marketplace and the latest legal updates that pertain to government contractors. We will also analyze recent DCAA audit guidance as well as best practices for engagement and compliance management.
This workshop provides a thorough understanding of the nature and intent of FAR Part 31—Contract Cost Principles And Procedures, Subpart 31.2—Contracts with Commercial Organizations. Coverage includes the basic FAR requirements for cost accounting and cost principle application contained in FAR 31.201 through FAR 31.204, as well as a detailed examination and explanation of each contract cost principle contained FAR 31.205. It is recommended for those individuals with responsibility for identifying and coding transactions for cost segregation, for cost accounting, or for management or oversight of the cost accounting functions.

Agenda

8:30 am – Welcome

8:45 – 10:15 am – Cost & Pricing Issues

Moderator – Bill Walter, Partner, Dixon Hughes Goodman
Panelists

  • Jacqueline Hlavin, Chief, Policy Accounting and Cost Principles, DCAA
  • Vernon Neumann, Commercial Item Group, DCMA
  • Stephen E. Trautwein, Director, Acquisition Policy, AIA

Topics:

  • Commercial Pricing
  • Forward Pricing Rates
  • Subcontracts
  • Cost & Price Analysis
  • Independent Research & Development (IR&D)

10:30 am – 12:00 pm – Incurred Costs, Billings, and Cost Accounting Issues

Moderator – Paul Bailey, Managing Director, Capital Edge Consulting

Panelists

  • Lewis Gaydon, Director of Government Compliance, AAR Corp.
  • Jacqueline Hlavin, Chief, Policy Accounting and Cost Principles, DCAA
  • Michael Laney, Senior Director Government Compliance, General Dynamics OTS

Topics

  • Incurred Cost & CAS Hot Topics
  • The Future of CAS Disclosure Statements & Cost Impact Audits
  • CAS Challenges in Civilian Agencies

12:00 – 1:15 pm – Lunch

1:15 – 2:45 pm – Legal Trends Affecting DCAA Audits

Moderator – Tim Sullivan, Partner, Thompson Coburn LLP

Panelists

  • Jeff Newman, Partner, Thompson Coburn LLP
  • Sharon Parr, Senior Assistant General Counsel, DCAA
  • Bradley A. Rush, Managing Counsel, Harris Corporation

Topics

  • Materiality considerations in a CAS cost impact
  • Recent statute of limitations decisions and their effects on DCAA audits
  • Sufficiency of government cost disallowance claims
  • DoD CAS Board; Section 820, 2017 National Defense Authorization Act
  • Impact of the January 20 White House directive on the regulatory process

3:00 – 4:30 pm – Business System Compliance

Moderator – Ki Capitano, Senior Advisor, Capitano Consulting

Panelists

  • Jacqueline Hlavin, Chief, Policy Accounting and Cost Principles, DCAA
  • Andrew Obermeyer, Director, Business Operations Center, DCM
  • Brian Taylor, Accenture Federal Services

Topics

  • DCMA/DCAA trends and statistics
  • Revisions to audit/oversight programs
  • Subject matter audit teams
  • Joint contractor/government audits
  • Findings/recommendations
  • Recent, relevant experience on compliance
  • Subcontractor effect on prime system compliance
  • Contractor challenges and successes
  • Best practices for resolving DCAA/DCMA findings and sustaining business system compliance
  • Legislative Amendments affecting Contractor Business System requirements and oversight
  • NDAA 2018 Threshold changes – TINA, Micro-purchase, simplified acquisition
  • NDAA 2018 Sec 890 GAO review requirements
  • NDAA 2017 Status of implementation of Sec 893 amendments

Feb 28: Cost Allowability Workshop

9:00 am – 1:00 pm – Cost Allowability Workshop (Optional)

Determining allowable costs for contract pricing or reimbursement purposes can be complicated. FAR Part 31 contains cost principles and procedures for the pricing of contracts, subcontracts, and modifications to contracts and subcontracts whenever cost analysis is performed, and the determination, negotiation, or allowance of costs when required by a contract clause.

This workshop provides a thorough understanding of the nature and intent of FAR Part 31—Contract Cost Principles And Procedures, Subpart 31.2—Contracts with Commercial Organizations. Coverage includes the basic FAR requirements for cost accounting and cost principle application contained in FAR 31.201 through FAR 31.204, as well as a detailed examination and explanation of each contract cost principle contained FAR 31.205. It is recommended for those individuals with responsibility for identifying and coding transactions for cost segregation, for cost accounting, or for management or oversight of the cost accounting functions.

Specific topics include:

  • Composition of total cost
  • Determining allowability
  • Determining reasonableness
  • Determining allocability
  • Accounting for credits
  • Accounting for unallowable costs
  • Identifying and segregating direct costs
  • Identifying segregating and allocating indirect costs
  • Identifying unallowable costs and documenting and supporting allowable costs
  • Advance agreements

Fees:

  • Day 1: $225
  • Day 2: $95

Interested? click here to learn more or register!

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