Internal Auditing for the Defense Contractor
Enhance your expertise in internal auditing with our Internal Auditing for the Defense Contractor seminar, an advanced 12 CPE-credit program designed specifically for professionals in the defense contracting field. This two-day training equips attendees with the knowledge and skills needed to master defense audits, understand complex regulatory frameworks, and build confidence in tackling the unique challenges of the Department of Defense (DoD) contracting environment.
Why Attend?
1. Master Defense Contracting Audits - Gain a thorough understanding of DoD auditing principles, contractor business systems, and compliance requirements.
2. Deepen Knowledge of Regulatory Frameworks - Learn the intricacies of DFARS, NIST SP 800-171, and other critical standards shaping defense audits.
3. Strengthen Cybersecurity and IT Audit Skills - Explore strategies to audit and fortify cybersecurity programs, ensuring compliance with DoD-specific IT frameworks.
4. Earn 12 NASBA-Approved CPE Credits - Boost your qualifications and demonstrate your commitment to excellence in internal auditing and defense compliance.
What You’ll Learn
This immersive seminar equips participants with actionable insights and practical methodologies focused on internal auditing within the defense sector.
Key Topics Include:
1. Understanding the DoD Contracting Environment
- Overview of DoD regulations, compliance requirements, and their impact on contractors.
- The role of internal auditors in safeguarding integrity and ensuring adherence to standards.
2. Auditing Principles and Standards
- Application of GAO Auditing Principles, GAGAS (Yellow Book), and best practices for defense audits.
- Risk assessment and management within defense contracting landscapes.
3. Financial Management and Cost Accounting Systems
- Evaluating and improving financial systems and internal controls.
- Mastering cost accounting standards and contractor business system audits.
4. Cybersecurity and IT Auditing
- Conducting IT audits aligned with NIST SP 800-171 requirements.
- Strengthening cybersecurity frameworks to protect against evolving threats.
5. Audit Planning, Execution, and Communication
- Practical guidance on managing audits from start to finish.
- Skills for issuing concise, impactful audit reports and communicating findings effectively.
Benefits of Attending
By attending this seminar, participants will gain:
- Specialized Knowledge: Tools and insights for navigating the defense contracting auditing environment.
- Advanced Skill Development: Expertise in auditing practices tailored to DoD requirements.
- Professional Growth: Earn 12 CPE credits while enhancing your credibility and value in the industry.
- Hands-On Application: Real-world strategies for addressing financial, regulatory, and cybersecurity challenges in defense audits.
Event Details
- Schedule: Held every six weeks on Wednesday and Thursday, from 9 a.m.–3 p.m. CST (half-hour lunch included).
- Delivery Format: Group live seminar format.
- CPE Credits: Earn 12 NASBA-approved credits in Auditing.
- Cost: $825.
- Private Events: Custom training available for organizations (minimum of two attendees).
Who Should Attend?
This course is ideal for professionals involved in or preparing for defense auditing roles, including:
- Internal Auditors: Enhance your ability to handle the complexities of defense-focused audits.
- Financial Professionals: Gain insights into DoD-specific financial management and compliance standards.
- Compliance Officers: Strengthen your expertise in risk management and regulatory adherence within defense contracting.
The Importance of Defense Contracting Audits
Internal auditing in the defense sector is critical for ensuring operational excellence, regulatory compliance, and security. By mastering the DoD auditing landscape, attendees can:
- Support Organizational Success: Identify risks and optimize internal controls for improved outcomes.
- Enhance Cybersecurity Resilience: Protect sensitive programs with robust IT auditing techniques.
- Maintain Compliance: Align with rigorous standards like DFARS and NIST SP 800-171.
Register Today
Don’t miss this opportunity to elevate your career in defense contracting auditing. This intensive 12-CPE credit seminar offers hands-on learning, expert guidance, and strategies to become a trusted leader in the intricate world of defense audits.
Register now and gain the knowledge and confidence to excel in defense contract auditing and compliance!
Details on Event Presentation
Offered on Wednesday-Thursday once every eight weeks in two six hour sessions for 12 CPE credits.
The sessions will run from 9:00 a.m. to 3:00 p.m. Central Time Zone.
There will be a lunch break from 12:00 noon to 12:30 p.m. each day.
We can schedule private courses on internal audit on your timetable for two or more attendees.
NASBA Program Disclosure
Program Level of Understanding: Intermediate
Prerequisites: Internal Audit 101 and/or Internal Audit 201
Advance Preparation: None
Delivery Format: On-site Training (Group-Live); Seminar (Group-Live)
NASBA Field(s) of Study: Auditing
CPE Credits: 12, based on 50 minutes of instruction per hour
CPE Event Highlights
This CPE training event is an excellent opportunity for internal audit professionals working for a DoD Contractor:
- The CPE event focused on training internal auditors in the defense contracting environment to meet compliance requirements.
- The DoD contracting environment and the regulatory framework, including DFARS and NIST SP 800-171.
- Auditing principles, methodologies, and best practices including gained an understanding of the impact of the GAGAS (Yellow Book).
- Understand the financial management systems and practices specific to defense contracting. Participants were introduced to cost accounting standards, internal controls evaluation, and auditing financial statements and cost data.
- Training on DoD-specific auditing and contractor business systems. Topics included the Defense Acquisition System, various DoD contract types, and auditing contractor business systems for compliance and effectiveness.
- How cybersecurity and IT auditing are critical elements of the internal audit program in this enviroment.
CCS is your special source for internal audit course and IT audit training both in-person and via webinars.
Learning Objectives
Improve the effectiveness of attendees by:
- Understanding the DoD Contracting Environment
- Comprehending the Role of Internal Auditors
- Applying GAO Auditing Principles and Practices
- Evaluating Financial Management and Cost Accounting Systems
- Conducting DoD-Specific Auditing
- Assessing Cybersecurity Programs
- Conducting IT Audits
Key Issues on the Agenda
Introductions
Section : Introduction to DoD Contracting Environment and Compliance
Section 2: Auditing Principles and Practices
Section 3: Financial Management and Cost Accounting Standards
Section 4: DoD-Specific Auditing and Contractor Business Systems
Section 5: Cybersecurity and IT Auditing
Section 6: Audit planning and execution
Section 7: Communication and professionalism
Section 8: Summary and Wrap-Up
Summary of the Subject Matter
The CPE event "Internal Auditing for the Defense Contractor" offered by CCCS provides comprehensive training on internal auditing in the defense contracting environment. Participants gain an understanding of the regulatory framework, compliance requirements, and unique challenges within the Department of Defense (DoD) contracting industry. The event covers auditing principles, methodologies, and best practices, including financial management, cost accounting standards, and contractor business systems. Cybersecurity and IT auditing in the defense context are also addressed.