Event Host: MBI (Mass Biomedical Initiatives)
Affiliate Organizational Sponsors:
Join NDIA New England, the Defense Contract Audit Agency (DCAA) and distinguished industry speakers for a half-day seminar addressing accounting and other contract compliance topics for small and medium-sized government contractors.
Prior to awarding government contracts, Contracting Agencies (DoD and HHS/Civilian Agencies) often require an evaluation of the adequacy of the prospective contractor’s accounting system. This review is generally performed during a “Pre-Award Survey,” where the contractor demonstrates their accounting system is operable and ready for implementation prior to incurring any costs on a government contract. This seminar will review the regulatory criteria for establishing an “Adequate Government Accounting System” and address common issues encountered during the Accounting System implementation phase.
Government contractors accumulate and categorized a wide range of cost information. This information is not only critical for contract compliance, but it also produces vital information used for enhanced business management. Panelists will discuss how cost information gathered for compliance can be turned into useful business tools for managerial, operational, and strategic decision making.
Agenda
7:30am - 8:00am Registration/Coffee
8:00am - 8:15am Introductions
8:15am - 10:30am DEFENSE CONTRACT AUDIT AGENCY SEMINAR FOR SMALL BUSINESS CONTRACTORS
Guest Speaker: Sherry Kobus, Small Business Program Manager, DCAA Audit Liaison
8:15am - 8:30am DCAA Overview
The DCAA, its mission, organizational structure, and types of audits performed
8:30am - 10:30am DCAA Accounting System Requirements Presentation
Regulatory criteria for establishing an adequate accounting system
10:30am - 10:45am Break
10:45am - 11:30am NDIA New England PANEL DISCUSSION
Implementing an Adequate Govt Accounting System & Business System Control Benefits
Moderator: Mike Gitlen, CPA, Government Consultant PWCPA
Panelists:
Closing Comments: Mike Gitlen CPA, Past President NDIA New England
Registration Fee: $50 per person
Event Lunch Sponsors: