Participants will gain a practical and relevant understanding of the federal government contracting environment.
Field of Study:
David Harvey, CPA
Becker Professional Education
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.