Understanding DCAA - Who, Why, What and how they are important to your organization

This event qualifies for 1.5 CLPs

This one hour crash course will cover a basic overview of what is needed from an organization to ensure that your business processes and systems are DCAA compliant. DCAA stands for “Defense Contract Audit Agency”, and they play a vital role in the procurement and acquisition process for the Department of Defense and other agencies. Essentially, DCAA conducts audits and provide guidelines to ensure that contractors are conducting business responsibly and ethically. They have a tremendous amount of influence as the communicate frequently with Contracting Officers and make recommendations that have an impact on contract negotiations and awards.


What You’ll Learn:

  • Who is DCAA and what do they do
  • Common audit types
  • Consequences of non-compliance
  • How to reduce risks associated with DCAA
  • How to prepare your organization in case of an audit
  • What are FAR and CAS
  • Finding the right accounting system for your organization
  • Indirect Rates and how they affect your organization


Who Should Attend:

  • CEO’s/CFO’s of small to medium size government contractors
  • Compliance Professionals
  • Finance and Accounting Professionals
  • Prime Contractors
  • Contract managers and administrators
  • Audit Professionals

Speaker and Presenter Information

Mr. Shawn Chen is a Principal at RM Advisory Services LLC and leads the Government Contracting Services practice. He has more than 25 years of experience in managing finance and accounting operations. At RM Advisory Services, Mr. Chen’s expertise includes growth and profitability strategies, accounting system implementations, managing financial health for clients, and being a trusted advisor that interacts with outside auditors, banks and other financial matters on behalf of the clients.


Prior to joining RM Advisory Services, Mr. Chen has been a CFO for multiple government contractors in the Washington DC metro area that include Williams Adley & Co, LLP, Thomas & Herbert Consulting, System High Corporation and has also served as VP of client services at NeoSystems Corporation. His responsibilities included managing day to day finance and accounting operations, DCAA compliance, incurred cost submissions, improving technology, operations as well as improving corporate financial health and cash-flow. Mr. Chen attended the Foster School of Business at the University of Washington and is an active volunteer in helping the homeless in Washington DC. He is an avid golfer and has 2 daughters that enjoy playing AAU basketball.

Event Type

This event has no exhibitor/sponsor opportunities

Thu, Jan 23, 2020, 1:00pm - 2:30pm ET


Client Price:  $89.00
Price:  $99.00

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Centre Law & Consulting, LLC

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