This course provides a comprehensive overview of regulatory requirements and best practices for timekeeping and labor reporting in government contracting. Participants will explore key FAR and CAS regulations, gain insights into labor compliance, and learn practical strategies for preparing their organization and workforce for audits. Key topics include: • Regulatory requirements for timekeeping and labor reporting • Writing effective policies and procedures for labor compliance • Overview of labor laws, acts, and compensation requirements • Labor accounting methods and preparing for government audits • Insights into unannounced floor checks and internal control audits • Strategies to address and remediate non-compliance issues Ideal for professionals new to government contracting, this course equips participants with the knowledge to ensure compliance, streamline processes, and confidently navigate labor-related audits and regulations.