The Government Contractors Conference is designed to help CPAs and their team address the current issues affecting government contracts, enabling them to respond to opportunities and threats. Featured topics address the concerns and opportunities unique to government clients.
Please note – materials for this event will be provided electronically ONLY. Please feel free to bring your own device to view the materials. We recommend that you download them prior to the event date rather than onsite.
Speaker: Pamela Johnson Lanham, CPA, Division Chief, Defense Contract Audit Agency, Pricing & Special Projects (PSP) Division
The presentation will touch on several areas including:
Speaker: Alan Chvotkin, Partner, Centre Law & Consulting
This session will provide a detailed overview of current federal agency contract spending and market trends, as well as reviewing the significant federal legislative and regulatory actions that impact federal contractors' market opportunities and compliance responsibilities.
Speaker: William Laubach, CPA, Assurance Director, BDO USA, P.C.
Since ASC 606, Revenue from Contracts with Customers, went into effect in 2019, BDO has gained a deeper understanding about the standard and how best to apply its principles to government contractors. BDO knows there are complex elements for some organizations, but our professionals have a proven process to identify and resolve issues arising from ASC 606. The learning objectives of this course are to aid attendees in (1) defining the five-step model prescribed under ASC 606 and how to apply the model to your contracts, (2) identifying key issues in ASC 606 that specifically impact government contractors, and (3) gaining a better understanding of common focus areas under ASC 606 during the audit process.
Speakers: Rebecca Sheppard, Esq., Partner, Frost Law and Peter Haukebo, Esq., Partner, Frost Law
The Federal government has paid out enormous sums of money to businesses as a result of COVID-era relief programs such as the Paycheck Protection Program ("PPP") and Employee Retention Credit ('ERC"). Fraud and abuse followed and the government has established Strike Force teams to investigate and prosecute these bad actors, several of whom otherwise contract with the government in the ordinary course of their business. We will discuss these criminal indictments and convictions and also elaborate on likely civil audit issues related to these relief programs to help prepare taxpayer-employers for examinations that are coming.
Speaker: TJ Spounsel II, Managing Shareholder, McGuire Spounsel
TJ will present on how the R&D Tax Credit can be leveraged in the government contracting industry. We’ll review recent legislative changes that may impact your clients, including the 174 Amortization, and provide guidance on how to approach the 2023 Tax Planning Season amid looming uncertainty.
Here’s what we’ll discuss:
- How the bid & proposal process is impacted by the R&D Tax Credit
- The similarities & differences between internal R&D versus contract work
- Recent court cases & funded research
- Notable 174 updates
Speaker: Leona Charles, Government Contracts and Grants Consultant Owner, SPC Business Consulting, LLC
Discover the keys to effectively manage your internal customers in the government contracting sector. Tailored for CPAs working with government contractors, this session delves into strategies for fostering strong client relationships, streamlining processes, and enhancing collaboration within your organization. Elevate your skills and boost client satisfaction by attending this insightful presentation designed to empower CPA professionals in the government contracting industry.
Speaker: Leona Charles, Government Contracts and Grants Consultant Owner, SPC Business Consulting, LLC
Are you a CPA working in the government contracting sector? Join us for an exclusive session designed to help you better manage your client relationships, streamline your processes, and enhance collaboration within your organization.
In this tailored presentation, we will explore strategies that will empower you to:
Strengthen Client Relationships: Learn the keys to building robust and lasting connections with your government contractor clients. Discover how to meet their unique needs and exceed their expectations.
Optimize Your Processes: Streamline your internal workflows and procedures to deliver efficient and effective services to your clients. Find out how to save time and resources while delivering top-notch results.
Foster Collaboration: Enhance teamwork and cooperation within your organization to ensure smooth project execution. Collaborative efforts lead to better outcomes for both you and your clients.
By attending this insightful presentation, you'll gain the knowledge and skills necessary to elevate your CPA practice in the government contracting industry. Don't miss this opportunity to boost client satisfaction and achieve greater success in your government contractor engagements. Join us now!