What the Heck is DCAA Compliance? [#B2GEDU Workshop]

What the Heck is DCAA Compliance?

The government financial management system review initiated under the Clinton Administration in 1998 resulted in a requirement that all government contractors engaging in cost reimbursable contracts have their system certified as DCAA compliant prior to award. Until recently this requirement was nearly never enforced for companies awarded Time and Materials (T&M) contracts. As the  result of a Government Accountability Office (GAO) audit of the Defense Contract Audit Agency (DCAA) last fall, compliance is now being enforced for all companies, large and small doing CPFF or T&M contracts as a prime or subcontractor. 

In this workshop participants will receive an overview of what it takes to become compliant including:

• What is "compliance?”
• When are audits conducted?
  
• Who conducts the audits?
  
• What is needed to be found compliant?
  
• Will your current system suffice?

This session is for business owners with little or no experience in government contract accounting and DCAA compliance to help them become aware of how to achieve DCAA compliance.

Facilitator
Mr. Paul Baumann is owner and founder of PDS Business Systems and Services which is celebrating 25 years of providing government contract accounting systems and services to government and industry clients. Mr. Baumann is an expert in government contract accounting systems and has 39 years of experience in government contracts, accounting, program management and business process engineering inside the government and in industry. 

The Program
The ASBC's of Government Contracting™ provides practical and up-to-date information on running a business and finding and winning business as a government contractor and subcontractor. Topics presented are selected based on information collected through ongoing surveys and member feedback, and are presented by Industry veterans and current and former Government officials sharing their acquired experiences. The goal? Delivering accurate and timely information which has immediate relevance to B2G business activities.

The ASBC's of Government Contracting™ is produced and presented by the Staff and Members of The American Small Business Coalition.

The ASBC Event Policy is in effect. Space is limited. Breakfast is served.

#B2GEDU

www.b2gedu.com