Federal Government Contracting—An Introduction
Learning objectives

This course will provide an overview of government contracting in the federal sector.  It will describe roles and responsibilities of government and contractor personnel, address the organization of the Federal Acquisition Regulation (FAR) and certain key provisions, describe contract elements and types, identify the major components of the procurement cycle, and develop an understanding of accounting system requirements and ethical considerations.  After completing the course, the participant should be able to:

  • Describe the Federal Acquisition Regulation and be able to locate key FAR provisions.
  • Describe the role of the Contracting Officer, the Contracting Officer's Representatives and other members of the Acquisition Team.
  • Identify the major sections of a federal government contract and features of three types of contracts (firm-fixed-price, cost-plus-fixed-fee, and time-and-materials).
  • Identify features of the procurement cycle: contract planning and award, contract administration, and contract closeout.
  • Identify key considerations relating to accounting systems, ethics, and improper business practices.

Instructor bio

David Harvey, CPA has over 25 years of audit experience in the federal government sector with a primary focus on internal controls, risk assessments, contract auditing, and audit coordination and follow-up. David holds a Bachelors of Business Administration with a double major in accounting and economics from James Madison University in Harrisonburg, Virginia, and a Masters in Business Administration from Frostburg State University in Frostburg, Maryland. A CPA license holder in Virginia, David teaches accounting courses as a member of the adjunct faculty at American University in Washington, D.C., and Northern Virginia Community College in Sterling, Virginia.
National Registry of CPE Sponsors

A Becker Professional Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823

Now Leaving Becker.com

You are leaving the Becker.com website. Once you click “continue,” you will be brought to a third-party website. Please be aware, the privacy policy may differ on the third-party website. Adtalem Global Education is not responsible for the security, contents and accuracy of any information provided on the third-party website. Note that the website may still be a third-party website even the format is similar to the Becker.com website.

Continue