Events for July 19, 2018
To Learn More or Register, Click here! A contractor’s billing system should provide reasonable assurance that billings applicable to Government contracts are prepared in accordance with applicable laws and regulations, and contract terms; and that material misstatements are prevented, or detected and corrected in a timely manner. Billings on public vouchers, requests for progress payments, contract closing proposals, and related cost statements submitted by contractors do not normally reflect contract costs as recorded in the basic accounting records. Normal reconciling items include both timing differences and permanent differences and special controls and processes must be established to assure that these differences are properly removed from billings on public vouchers and progress payments. Billing requests are subject to both pre-payment and post-payment audit by US Government … Continue readingFind out more »
LEARN MORE & REGISTER This fast-paced interactive course examines the organization, content, policy and procedures of the Federal Acquisition Regulation (FAR) as it applies to Federal acquisition. Designed for new professionals in both government and industry, as well as more experienced professionals, to build or update their familiarity with the Federal Government’s procurement system. The course includes a review of the topical divisions of the FAR, exercises to help the participant find and analyze FAR contracting issues, and group activities to reinforce the application of FAR principles. Identify the foundations, organization, and principles of the FAR. Learn to "navigate" the FAR in order to understand, interpret and use it in executing business transactions. Analyze the purpose of the policies, processes and procedures set out in … Continue readingFind out more »
The Public Contracting Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.