How NOT to Lose Your Federal Award

The words FAR, CAS and DCAA should not put fear into government contractors. These terms and the regulations and compliance requirements that surround them are critical areas that need to be understood and accepted by organizations while doing business with the federal government. From how you set up your accounting system, identifying which costs should go where to invoicing and financial reporting, the federal government has implemented guidelines and requirements to protect itself from financial liability. The more an organization can implement these guidelines and follow compliance consistently, the more trust is established with agencies and this gives your company a great advantage over the competition during the procurement process. This webinar addresses at a high level some of the basics and fundamentals needed for all organizations in government contracting