Accounting Compliance for Government Co...
There is accounting…and then there is Government contract accounting. Cost-based government contractors are subject to a wide range of unique accounting regulations such as Cost Accounting Standards (“CAS”) and FAR contract cost principles. While CAS and FAR are based on Generally Accepted Accounting Principles (“GAAP”), major differences abound. Without an adequate system in place, a contractor may be faced with...
Working with the FAR: An Introduction t...
The Federal Acquisition Regulation (FAR) made its official debut in Federal contracting on April 1, 1984, as the successor to the Federal Procurement Regulations (FPR). Some saw the April Fool’s Day effective date as a bad omen, but over the last 34 years, trillions of dollars have been spent pursuant to the FAR’s authority, covering the procurement of donuts to major weapons systems. Long-time acquisition professionals consider th...
Special Issues in Government Contract P...
Cost and Pricing Data; “Fair and Reasonable Prices;” Commerciality Determinations (Formal and Informal) Contract pricing: everyone does it, but no one wants to talk about it. This course will deal with some of the most critical issues involving contract pricing. Taught by an experienced government contracts attorney, this course will cover: What is “cost or pricing data,” and what must the contractor provide to the gove...
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