DCAA Audits Boot Camp

PENTAGON BOOSTS CONTRACT AUDIT FUNDING: DCAA and DCMA Plan to Increase Auditors by 15.6% and 19.5%, Respectively, Over the Next Two Years
*WashingtonPost.com, February 2012

With an increased effort to reduce the audit backlog that has grown since 2011, the U.S. Department of Defense is taking proactive, financial steps to improve audit quality and efficiency. According to a Pentagon spokeswoman, DCAA expects to complete $175 billion of incurred cost audits in fiscal 2013, up from $19 billion in fiscal 2012.

There has never been a more critical time to make sense of key cost or pricing requirements, and gain practical tools for DCAA audit preparation!

You cannot afford to miss American Conference Institute’s DCAA Audit & Compliance Boot Camp in San Diego. At this practical, nuts and bolts course, participants will have the unique opportunity to delve into core cost or pricing, and audit requirements, and learn from leading government contractors in a highly interactive setting. Each session has been carefully structured to provide you with a solid foundation for applying the requirements to your daily work. Speakers will engage in a step-by-step analysis and explanation of key concepts and developments that are critical to your business.

Unlike other courses, you will hear from DCAA, and industry experts on how to meet strict compliance expectations. Learn the nuts and bolts of how to:

• Implement core requirements of the Truth in Negotiations Act (TINA) and overcome common challenges to TINA compliance
• Gain a better understanding of what triggers a payment withholding under the new DFARS Business Systems Rule
• Improve your internal practices for conducting an adequate price analysis of subcontractor proposals
• Manage access to records: Responding to DCAA auditor requests for record and employee interviews
• Prepare for increased DoD focus on incurred cost submissions and using the new ICE model
• Reduce the risk of enforcement and penalties: When an audit can lead to a government investigation for fraud or false claims violations

2012 KEYNOTE ADDRESS
Don Mullinax, Regional Director, Western Region, Defense Contract Audit Agency (DCAA)

PLUS, don’t miss the interactive pre-boot camp working groups to complete your training:

A: Fundamentals of Cost, Pricing, and DCAA Compliance: Making Sense of Key FAR, DFARS, CAS and Audit Requirements

B: The Nuts and Bolts of Determining Cost “Allowability” and “Allocability” under the CAS and FAR: How to Comply with CAS, GAAP, Reasonableness and Allocability Standards

Enhanced Interactive Benchmarking Sessions

ACI’s DCAA Audit & Compliance Boot Camp was developed after extensive market research in order to deliver the practical tools necessary to manage audits, work with auditors, and improve internal compliance processes. Topics were selected based on the biggest challenges facing industry today - with ample time left for questions during each panel.

• How to conduct a review of your internal controls: Best practices for detecting compliance weaknesses
• Contractor Purchasing System Review (CPSR): Negotiating with vendors and conducting a proper analysis of quoted prices
• MOCK AUDIT: From entrance conference to the exit conference, and everywhere in between

Send your entire team and register early as seats at this event are expected to fill to capacity. Registrations will be taken on a first come, first served basis. Call 1-888.224-2480; fax your registration form to 1-877-927-1563 or register online at www.AmericanConference.com/DCAABootCamp.