Federal Acquisition Regulations (FAR)
and Cost Accounting Standards (CAS)
Federal Contract Procurement Cycle
August 30 – 31, 2010
8:30 am - 4:30 pm
Location: Mason’s Herndon Training Center
at the Center for Innovative Technology
2214 Rock Hill Road
Herndon, Virginia 20170
This two-day course covers the government procurement cycle. The process begins with the Congressional appropriations process, then follows the appropriations process through agency budgets, and finally to acquisition commitments. Different types of procurement actions are discussed, with heavy emphasis on Contract by Negotiation. The Bid and Proposal process, pre-award audits, Best and Final Offers (BAFOs) and award protests are reviewed including the provisions of the Truth in Negotiations Act and contractor responsibilities for compliance. Applicability of Defective Pricing and of the False Claims Acts are covered and include exercises, examples and case studies. Click here or call 703-993-4800 for more information.
CEUs – 1.3
CPEs – 16
Click here or call 703-993-4800for registration information!
Accounting for Federal Contracts and Dealing with Audits
September 1 – 2, 2010
8:30 am - 4:30 pm
Location: Mason’s Herndon Training Center
at the Center for Innovative Technology
2214 Rock Hill Road
Herndon, Virginia 20170
In this two-day course, the emphasis is placed on accounting for services as distinguished from traditional manufacturing cost accumulation systems. This course covers direct and indirect cost classification, pooling, and the role of DCAA in audits, contractor surveillance, internal control requirements, and cost accumulation standards for automated accounting systems. Participants take an in-depth look at incurred cost submissions, the development of policies and procedures that will pass audit, and ways to limit the scope of audits. The course addresses government billing requirements, revenue recognition, the importance of coordination between contract administration and accounting, internal reporting for project managers, and ways to maximize cost recovery. Click here or call 703-993-4800 for more information.
CEUs – 1.3
CPEs – 16
Click here or call 703-993-4800 for registration information!
August 18 – 19, 2010
8:30 am - 4:30 pm
Location: Mason’s Herndon Training Center
at the Center for Innovative Technology
2214 Rock Hill Road
Herndon, Virginia 20170
This two-day course covers the history of the Federal Acquisition Regulation (FAR) and the Cost Accounting Standard (CAS), current regulation highlights and effects, proposed changes and the applicability and effect of FAR clauses and CAS standards. Concepts such as allowability, allocability, and reasonableness are explored. The course also provides and overview of disclosure statements, cost impact statements, and determination of CAS coverage, and why it doesn't matter in audits. Case studies further illustrate the important concepts in complying with government regulations. Click here or call 703-993-4800 for more information.
CEUs – 1.3
CPEs – 16
Click here for registration information!
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