Thompson Government Contracting

Cost Accounting Standards Board & Defense Cost Accounting Standards

Webinar • Tuesday, October 24, 2017 • 1:00-2:30 p.m. ET

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Webinar
$189.00


$189.00 Cost Accounting Standards Board & Defense Cost Accounting Standards (Webinar)

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$189.00
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until 10.24.2018)


$189.00 Cost Accounting Standards Board & Defense Cost Accounting Standards (OnDemand)

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$239.00 Cost Accounting Standards Board & Defense Cost Accounting Standards (Webinar Plus OnDemand)
Webinar Details

Subject: Federal Contracting

Prerequisites: None

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

Credit Information

CPE Credits Thompson Information Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.

State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417.

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Section 820 of the 2017 National Defense Authorization Act established a new DoD Cost Accounting Standards Board. Less than a year from now, contractors will be fully accountable for complying with the major impact the new regulation is likely to have on everything from rates to audits.  

Do not risk waiting until the last minute to put new compliance—and contract administration—procedures in place.

Here is expert guidance on how to make the most of your lead time between now and October 1, 2018.

Register now for Cost Accounting Standards Board & Defense Cost Accounting Standards.

In this 90-minute webinar, Paul Bailey combines his federal procurement expertise with his background in industry and public accounting to prepare defense contractors for what’s coming next October when the changes to Section 820 of the National Defense Authorization Act go into effect.

Early-warning insights.  You will explore the likely—and potential—changes for administering and complying with the Cost Accounting Standards for DoD contracts. You will gain practical advice on actions businesses can take now so full compliance can be achieved by next fall. Plus, you will have the chance to ask your own questions during the Q&A portion of the webinar.

Reserve your space now for expert guidance on how upcoming changes to the National Defense Authorization Act will affect defense contractors, including:

  • How new Section 820 requirements will be implemented
  • Changes to how the federal government will conduct audits
  • What’s in the new requirements for the existing CAS Board
  • How the new and independent Defense Cost Accounting Standards Board will implement the Cost Accounting Standards across the DoD
  • What compliance steps businesses should be taking now

Remember, now is the time to be mapping out how to administer and comply with new requirements. Do not miss this opportunity to get expert guidance on what is changing and how to prepare.

Register now for Cost Accounting Standards Board & Defense Cost Accounting Standards.

This webinar is of value to all industries and large businesses performing work for the Department of Defense. Attendees who will benefit most include:

  • Cost Accounting Manager
  • Regulatory Compliance Manager
  • Government Contract Accounting Manager

YOUR EXPERT(S):

Paul M. Bailey

Paul Bailey is a Managing Director for Capital Edge Consulting. Mr. Bailey has broad experience with federal procurement rules and regulation through combined industry and public accounting experience at PricewaterhouseCoopers and KPMG. Over the course of his 30-year career, Paul has provided expert advice and testimony for government contractors and their counsel, government agencies including Inspector General and the Department of Justice on the administration of contracts and resolution of complex government accounting and compliance disputes. While in public accounting, Paul was responsible for the Department of Energy’s outsourced contractor audits to KPMG, including Incurred Cost and Price Proposals, CAS compliance and Business System adequacy. Paul has conducted audits for and on behalf of the Federal Bureau of Prisons, Department of Justice and Department of Energy, Office of Inspector General.

Mr. Bailey joined Capital Edge Consulting from Harris Corporation in Melbourne, Florida where he was Vice President of Government Accounting and Compliance. In the accounting and compliance role, Paul was responsible for the oversight and approvals of the Business Systems to satisfy DCAA/DCMA surveillance and adequacy determinations. Paul orchestrated and directed an External Restructuring of CAS segments to align cost allocations and synergies following a major acquisition. Mr. Bailey has been an industry leader in settlement of indirect rates based on past company experience foregoing the DCAA Incurred Cost Audit process. In addition to extensive accounting and compliance experience, Paul has held Vice President roles leading Contracts, Subcontract Administration and Procurement functions.

Mr. Bailey is a frequent speaker on current legislative and regulatory developments impacting government contractors and also gives frequent instruction on compliance.

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