This training program will demonstrate why companies planning to do business with the government should be prepared to be audited by the Defense Contract Audit Agency (DCAA). DCAA performs all needed contract audits for the Department of Defense (DoD). The focus of this program is to offer attendees a strong knowledge of DFARS (Defense Federal Acquisition Regulation Supplement) and help understand what is required when pricing proposals, developing a compliant accounting system, and maintaining contracts.
This training program will offer attendees a strong knowledge of DFARS and help organizations avoid pitfalls that can cost a lot of money and time. The best practices discussed in the virtual session can save organizations from losing contracts and avoid having to pay hefty fines for noncompliance with these regulations. The session will also discuss major parts of DFARS that business owners should be aware of.
It will provide valuable information for small businesses, medium/large commercial companies, nonprofit organizations, colleges, universities, and other organizations who currently do or want to do business with the government.
Why Should You Attend:
If a company plans to do business with the government, it can grow the business tremendously and quickly. Developing a relationship with the government can be very profitable for a business. If companies gain knowledge beforehand about the requirements, it can make the process much easier.This training program will offer attendees a strong knowledge of DFARS and help organizations avoid pitfalls that can cost a lot of money and time. The best practices discussed in the virtual session can save organizations from losing contracts and avoid having to pay hefty fines for noncompliance with these regulations. The session will also discuss major parts of DFARS that business owners should be aware of.
It will provide valuable information for small businesses, medium/large commercial companies, nonprofit organizations, colleges, universities, and other organizations who currently do or want to do business with the government.
Areas Covered in the Webinar:
- Understanding the purpose of DFARS
- Understanding business practices and conflicts of interest prohibited by DFARS
- Learning how to develop a compliant and acceptable accounting system per DFARS
- What happens during a DCAA audit/what DCAA looks for
- Understanding DFARS requirements for identifying and accumulating direct and indirect costs
- Developing adequate written policies and procedures
- Maintaining adequate labor records
- Areas where contractors are normally deficient and possible penalties
Who Will Benefit:
- Business development personnel
- Small business owners
- Contracts managers/personnel
- Bid/estimating personnel
- Accounting personnel
- Internal auditors
- Company executives/management
Course Provider
JeFreda Brown,
