We’re opening the playbook on the SC.CPA Cup. These aren’t just sessions — they’re game plans. Each one is built to sharpen your strategy, strengthen your positioning, and help you move the ball forward in a profession that’s changing fast.
This week, we’re going Inside the Playbook with a sneak peek at “Stepping Through the Federal Regulations,” led by Lori Allen, Katherine Zablonski, Adam Blanton of CohnReznick. The session examines how 2 CFR 200, the Federal Acquisition Regulation (FAR), and Cost Accounting Standards (CAS) fit together.
Understanding how major federal regulatory frameworks interact is essential for anyone working with federally funded programs or government contracts. “Stepping Through the Federal Regulations” provides a clear, structured walk‑through of how 2 CFR 200, the Federal Acquisition Regulation (FAR), and Cost Accounting Standards (CAS) work both independently and together to shape compliance expectations.
Presenters from Cohn Reznick will break down the purpose and scope of each framework: 2 CFR 200’s role in governing federal grant management, FAR’s authority over federal procurement requirements, and CAS’s standardized approach to cost measurement and allocation. By examining where each set of rules applies, participants gain a solid understanding of when and why these regulations come into play.
The presentation highlights areas where the regulations align, differ, or overlap. Attendees will see how these frameworks collectively influence cost principles, procurement decisions, internal controls, documentation standards, and audit readiness. Real‑world examples will illustrate how organizations navigate conflicts or ambiguities, ensuring that federally funded work remains compliant across all three regulatory pillars.
Participants will walk away with a practical, integrated view of the federal regulatory landscape and will be better prepared to interpret requirements, anticipate compliance risks, and support organizational decision‑making with greater clarity and confidence.
CohnReznick helps organizations optimize performance, manage risk, and maximize value through associated firms operating under the CohnReznick brand: CohnReznick LLP, a licensed CPA firm providing assurance services; and CohnReznick Advisory LLC (not a licensed firm) providing advisory and tax services. Together, CohnReznick provides leaders with deep industry knowledge and relationships, solutions to address clients’ unique business goals and risks, and insight on how emerging market forces can drive opportunity. With offices nationwide, CohnReznick serves organizations around the world as an independent member of Nexia, a leading, global network of independent accounting and consulting firms.
Stepping Through the Federal Regulations
Friday, May 22
10:05 a.m.–10:55 a.m.
