Compliance

This course provides an overview of Cost Accounting Standards (CAS). When contractors receive their first contract subject to modified or full CAS, understanding the requirements can be overwhelming. In this course, we discuss the history of CAS, the differences between modified and full CAS, and the exemptions from CAS. The course briefly discusses each of the 19 CAS standards in 48 Code of Federal Regulations 9904, when they are applicable to a contract, and their interrelationship with FAR Part 31. We explain what a disclosure statement is, when it is required, the information included, the requirements for each reporting unit, and the adequacy and compliance review process by the government. Finally, the course walks through CAS administration in FAR Part 30, discusses the types of accounting practice changes, notification requirements to the government, noncompliance, identifying the universe of CAS-covered contracts, and cost impacts.

This course discusses provisional billing rates and their importance. FAR 42.704 Billing Rates addresses the government’s regulation on establishing provisional billing rates. Provisional billing rates are used to bill indirect costs on vouchers for cost-type contracts, the materials portion of T&M contracts, and progress payment requests on fixed price contracts. Contractors should be proactive and submit proposed provisional indirect rate information to the government prior to the beginning of the calendar or fiscal year. If the contractor is negligent and does not submit provisional rate information for acceptance, the government can unilaterally establish the provisional billing rates for a contractor. This course also addresses some of the information that may be submitted or requested by the government when establishing provisional billing rates as well as the need for contractors to monitor indirect rates on a regular basis and update them, if necessary.

When awarded a federal government contract, contractors face extensive oversight and compliance scrutiny. This course equips both new and experienced contractors with essential knowledge on contract oversight, including audits and reviews. Participants will learn about the types of auditors and reviews they might encounter, the types of audits and reviews that may be conducted, and the support required for each. The course also covers what contractors can expect during and after an audit, and the potential impact of the audit on their operations.

This course module provides an introductory foundation for participants to understand the FAR Part 31 total cost principles to include segregation of cost by contract, direct cost charging, indirect cost groupings and proper allocation bases, identifying unallowable costs, and properly documenting expenses. Examples of these costs include direct and indirect expenses. This module also introduces typical indirect cost pools and allocation bases and provides an explanation of indirect rates.

This Export Compliance Management course covers introductory training that is intended for both novice and experienced export compliance professionals with an overview on complying with United States export regulations. Export Control Laws are a set of federal regulations that restrict the release of certain items, information, and software to foreign nationals in the United States and abroad. This course covers the International Traffic in Arms Regulations (ITAR), The Export Administration Regulations (EAR), and the Office of Foreign Asset Control (OFAC).  

The U.S. Department of State Directorate of Defense Trade Controls administers ITAR which covers items, services, and technology with explicit military/defense applications. Examples of items controlled under ITAR: satellite technology, some unmanned aerial vehicles, global positioning systems, chemicals, night vision technology, navigation systems, sonar and radar systems, military electronics and software. The U.S. Department of Commerce Bureau of Industry and Security administers the EAR and establishes controls over “dual-use” items, services, and technologies that have both civilian and military purposes. Examples of items controlled under EAR: lasers, infectious agents, computers, encryption technology, sensors, navigation and avionics, propulsion systems, toxins, chemicals, certain materials for the manufacture of controlled goods, and telecommunications equipment. The U.S. Department of the Treasury administers OFAC and oversees foreign trade embargoes and economic sanctions.