Contract Compliance
Dates: Tuesday, June 21, 2022 and Tuesday June 28, 2022
This is a 2-day event (held over 2 weeks) you must attend both days to receive credit
Time: 2:00 PM - 5:00 PM EST on both days
Location: Virtual via Zoom
Speaker: Robert Jones, CPA, CPCM, Fellow, President, Left Brain Professionals, Inc. View Biography
Description: When it comes to compliance, contracting professionals are expected to lead the way—especially when auditors come knocking. However, compliance must begin well before an audit, through the organizational compliance environment, by establishing compliant business systems and managing compliance up and down the supply chain. In this intermediate-level seminar, participants will practice making decisions to monitor and manage compliance with several FAR and other regulatory requirements. The day will include practice assessing compliance and a hands-on CPSR audit simulation where participants will practice evaluating and proving compliance through a tried-and-true three-step process.
Course Materials: All participants will receive an electronic copy of the participant workbook. This workbook can be viewed in your NCMA learning management account at https://www.pathlms.com/ncma/courses a few days prior to the start of the seminar.
Learning Objectives:
- Assess the required Contractor Code of Conduct and Business Ethics attributes based on organizational size and structure.
- Evaluate an acquisition process for appropriate internal controls and separation of duties.
- Analyze situations to decide if personal or organizational conflicts of interest exist.
- Discuss compliance enforcement measures.
- Assess organizational policies and procedures.
- Summarize contractor business system compliance requirements
- Accounting System
- Cost Estimating System
- Earned Value Management System
- Material Management and Accounting System
- Property Management System
- Purchasing System
- Recognize CPSR requirements and consequences.
- Evaluate a purchasing system.
- Prove your compliance through a three-step “prove it” process for a series of business systems.
- Evaluate compliance risk in the supply chain.
- Create a contract compliance matrix.
- Identify subcontract flowdown clauses.
- Conduct subcontract responsibility determination.
- Discuss small business subcontracting requirements.
- Mitigate cybersecurity risk and apply requirements.
Content:
Introduction
- Introduce facilitator and one another.
- Set ground rules.
- Define contracting professionals’ role in organizational compliance.
- Show your value as an organizational compliance leader.
Unit 1: The Compliance Environment
- Assess the required Contractor Code of Conduct and Business Ethics attributes based on organizational size and structure.
- Evaluate an acquisition process for appropriate internal controls and separation of duties.
- Analyze situations to decide if personal or organizational conflicts of interest exist.
- Discuss compliance enforcement measures.
- Assess organizational policies and procedures.
Unit 2: Compliant Systems
- Discuss business system compliance requirements
- Discuss CPSR Requirements and Consequences
- Evaluate a purchasing system
- Prove your compliance through a 3-step “prove it” process for a series of business systems
Unit 3: Compliance in the Supply Chain
- Evaluate compliance up and down the supply chain.
- Create a contract compliance matrix.
- Conduct subcontract responsibility determination.
- Monitor supplier compliance.
- Discuss small business subcontracting requirements.
- Mitigate cybersecurity risk and apply requirements.