This course provides both new and experienced government contractors with a foundational understanding of contract oversight, including audits and reviews designed to assess compliance with solicitation and contract clauses. The course bridges the connection between compliance requirements and the timing of pre-award and post-award audits, while also examining the roles of government agencies and private firms in oversight processes. Participants will gain valuable insights into the audit and compliance landscape, preparing them to navigate common challenges, address risks, and develop effective strategies for managing oversight activities. Key Learning Objectives: By the end of this course, participants will be able to: • Identify how contract types influence audit and compliance exposure. • Differentiate between audits, investigations, and other compliance reviews. • Understand the oversight role of prime contractors over subcontractors. • Learn how the Defense Contract Audit Agency (DCAA) evaluates contractor accounting systems. • Distinguish between pre-award and post-award compliance requirements. • Anticipate and prepare for Department of Labor (DOL) and Inspector General (IG) investigations. • Recognize common compliance challenges and risks. • Understand processes for resolving audit findings and oversight issues. • Develop effective contractor response strategies to audit requests. Who Should Attend: This course is ideal for: • Government contractors and subcontractors • Contract managers and compliance officers • Accounting and finance professionals • Legal counsel supporting federal contractors • Business development professionals in government contracting Course Highlights: • Comprehensive overview of audit and compliance requirements • Insights into the roles and expectations of government oversight agencies like DCAA, DOL, and IG • Practical strategies to address compliance risks and challenges • Guidance on audit data requests and contractor re