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Complying With Federal Acquisition Regulation Rules

Understand how to establish an internal control system for Federal government contractors.

Many companies doing business with the federal government or looking to start, don't fully understand the many rules and regulations that come with federal contracts. Many of these companies struggle to implement the proper internal controls to ensure compliance and avoid audit pitfalls. This topic helps the persons responsible for compliance to understand how to establish an internal control system for federal government contractors. The material explains the unique challenges with that come with different contract types.

Runtime: 87 minutes
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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Characteristics of the Federal Marketplace

  • Agencies
  • Spending

Acquisition Process and Contract Types

  • Market Research and Requirements Definitions
  • Cost Plus vs. Firm Fixed Price Contracting

Regulatory Environment

  • Federal Acquisition Regulations (FAR)
  • Key Far Statutes
  • Agency Supplements
  • Cost Accounting Standards (CAS)
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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on April 26, 2019.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • GA CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Anthony Kim

Anthony Kim

Capital Edge Consulting

  • Managing director, Capital Edge Consulting
  • Almost 20 years of experience in cost accounting and compliance issues related to federal government contracts
  • Specifically, he is knowledgeable in the areas of government contract procurement regulations, Cost Accounting Standards, Contractor’s Business System Requirements, and Auditing Standards
  • Teaches public and in-house training classes, seminars and workshops through multiple organizations on topics relating to Contractor Business Systems, Cost Accounting Standards, Indirect Rate Structures, and other cost accounting and compliance topics in government contracting
  • B.S. degree, in accounting, George Mason University
  • Member of the Institute of Management Accounting, the National Contract Management Association, and the National Defense Industry Association Contract Finance Committee
  • Can be contacted at akim@capitaledgeconsulting.com or 703-919-5927
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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

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* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 405572
Published 2019
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