Day 1

• 8:00 AM Registration and Breakfast
• 9:00 AM Welcome and Introductions
• 9:20 AM Regulatory Update - Mary Karen Wills, Partner, Argy, Wiltse & Robinson, P.C and Thomas P. Barletta, Partner, Steptoe and Johnson LLP
  • Final Rule – Definition of Cost or Pricing Data
    • When is Cost or Pricing Data Required
    • Disclosure of Judgmental Data
    • False Statements
    • Final Rule – Changes to Acquisition Thresholds
    • Proposed Rules
      • Unclassified Data Security
      • Disclose Requirements regarding Executive Compensation
      • Business Systems (to be discussed in more detail later this session)
    • Other Regulatory Updates
    • Cost Accounting Regulation Updates
      • CAS Cost Impacts
      • External Restructuring
    • 10:30 AM Break
    • 10:45 AM Recent Developments - Paul Bailey, Partner, Argy, Wiltse & Robinson, P.C.
      • Recently Issued DCAA Audit Guidance
      • Efficiency Initiative Introduced by the Secretary of Defense
      • Cost Recovery Initiative Introduced by DCMA and DCMA
    • 11:30 AM DCAA Initiatives - Mark K. Roberts, Partner, Argy, Wiltse & Robinson, P.C.and Joyce U. Ballack, Partner, O’Brien, Riemenschneider, Wattwood &Cantwell PA
      • DCAA coordination with DCMA
      • Subcontract Management Issues
        • Subcontract Pricing Analysis
        • Subcontract Systems Analysis
        • Subcontract Billings Analysis
      • Compensation Issues
      • Other Initiative Updates
    • 12:00 PM Lunch Break
    • 1:30 PM Contractor Business Systems (ICAPS) Audits - Mary Karen Wills and Mark K Roberts, Partners, Argy Wiltse & Robinson P.C.
      • Proposed Business System Audit and Adequacy Regulations (i.e., 10 systems to 6 systems)
      • Differences between the ICAPS and New Regulations
      • DCMA Use of Decrements
      • Contractor Challenges Relative to Business System Audits
      • DCMA Boards of Review - Process and Issues
    • 2:30 PM Break
    • 2:45 PM Panel Discussion on Difficulties in the Current Environment – How Can We Improve it?
      • Panel members will include Bruce Timman, CAS Board Industry Representative, Compliance Officer, Honeywell Aerospace among others.
      • Moderated by Mary Karen Wills, Partner, Argy Wiltse & Robinson, P.C.
    • 4:00 PM Adjourn

Day 2

• 8:00 AM Registration and Breakfast
• 9:00 AM Mandatory Disclosure Requirements and Access to Records - David M. Nadler, Partner, Dickstein Shapiro LLP
  • Mandatory Disclosure
    • What does that mean?
    • What is the impact?
  • Access to Records
    • Issues contractors face
    • Access to people – How should industry handle that?
• 10:15 AM Break
• 10:30 AM Forward Pricing and Budgeting Challenges - Tom Barranger, Compliance Officer, BAE Systems
  • DCAA practices and view
  • FAR requirements
  • Challenges contractors face in this area
• 11:30 AM Lunch Break
• 12:30 PM Export Controls - Ira Hoffman, Partner, Shulman Rogers Gandal Pordy & Ecker, P.A.
  • Recent changes in EAR, ITAR, OFAC
  • Update on the new Export Control Reforms
• 1:15 PM Cost Reductions For Government Contractors through Improved Tax Planning - Mike Fletcher, Tax Partner, Argy, Wiltse & Robinson, P.C.
  • Mitigation of sales tax liability and exposure through proper contract construction
  • Gross receipts tax traps for the unwary and planning opportunities for savvy contract managers
  • Little known government contractor specific tax exemptions
  • Effective tax rate reduction planning opportunities
• 2:15 PM Break
• 2:30 PM Surviving Defective Pricing Audits: Preparing for TINA and Defective Pricing Reviews - Paul Cienki, Vice President Government Accounting and Compliance, Honeywell International
  • Understanding the core requirements of the Truth in Negotiations Act (TINA) and common challenges of TINA compliance
  • How auditor determines scope of audit based on assessment of risk
  • Knowing when cost and pricing data is required and subcontractors’ responsibility to submit data
  • How to remedy inaccurate, incomplete or non-current cost or pricing data
  • Government recovery under “price reduction” clause
  • Understanding the consequences of a contractor knowingly submitting defective data
  • Determining offsets to defective pricing liability
  • How to prepare for TINA fraud referrals-going beyond the statute
• 4:00 PM Adjourn