The Government Audit Process: Limitations and Considerations
presented by the Government Contracts Section
Tuesday, February 21, 2017
12:00 PM - 2:00 PM
2.0 MCLE Credits (Approved)
Smith Pachter McWhorter PLC
8000 Towers Crescent Drive, Suite 900
Tysons Corner, VA 22182
FREE for FBA Government Contract Section Members
$70 - Non Section Members
This interactive program will explore the U.S. government audit process and considerations that government contractors and lawyers should contemplate.
The program will include discussions related to limitations on the Government’s right to audit, record retention requirements, and subcontractor considerations.
The program will also discuss leading practices related to audit preparation and interaction with government auditors.
The program will be taught by Stephen Knight and Kristin Torcasi. Stephen D. Knight is a Member in the Vienna, Virginia law offices of Smith Pachter McWhorter, PLC. Mr. Knight specializes in a variety of government contracts issues and has substantial expertise in the area of claims and disputes, including defective specifications, delay and disruption, changes, and contract interpretation. He also handles matters involving complex questions of government contract cost accounting, cost allocability, cost allowability, material accounting, labor accounting, contract payment, and defective pricing. He has advised clients on sensitive issues of government contract compliance, disclosure, and the government's right of access to records.
Kristin Torcasi is a Director in the Government Contracts Practice of PricewaterhouseCoopers, LLP in Washington, D.C. Ms. Torcasi has experience in business system compliance; preparation of incurred cost proposals and forward pricing rates; application of the FAR and CAS; CASB Disclosure Statement preparation; cost allowability matters; policy and procedure preparation related to contractor internal controls; and litigation support analyses related to cost accounting structure compliance. Ms. Torcasi has performed various business system compliance reviews. She has also developed a recommended action plan to correct any deficiencies and presented to company management.