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IND 2050V Contract Property Management Auditing Concepts (Page Last Modified:31-Oct-2024)   Description ***This is an online Virtual Instructor-Led Training (VILT) course.*** Restrictions: Foreign National Students will need to contact their Country Program Manager (CPM) who will coordinate with the Security Assistance Training Field Activity (SATFA). please send an email to [email protected]. This Virtual Instructor-Led Training (VILT) course provides an educational setting to apply foundational knowledge gained in IND 105V to determine the adequacy of a Contractor’s Property Management System. Course lessons will include material that will allow students to: Apply the requirements for performing a Property Management System Audit Analyze a Contractor’s property management procedures to determine compliance with FAR 52.245-1 Determine a sample using audit objectives and a population Develop audit working papers Analyze a sample against criteria to generalize the findings to the population, audit report writing Objectives Download Course Objectives Target Attendees Industrial Property Management Specialists and Industrial Property Clearance Specialists or those individuals assigned duties relative to the administration of Government contract property that will involve Property Management System audit responsibilities including approval/disapproval of such contractor management systems. Prerequisite(s) Required: IND 105 Contract Property Fundamentals See the Notes section of this course's concept card for recommended prerequisites. Predecessor Course(s) Predecessor Predecessor Course Title PDS Code Expires On None None None None Course Length 9 class days Additional Course Information Delivery Mode Virtual Instructor Led Training Equivalent Courses None Availability All PDS Code A16 Walk-ins Authorized Yes Pre-work required No First Offering 7/15/2024 ACE Recommended Credits None Continuing Education Units   5.5 Continuous Learning Points  55 Reservist Retirement Points  0 Historical Allocations Mouse Over for Past CEU/CLPs Fulfillment Eligible N/A Technical Requirements Click Here Notes Recommended Prerequisites: ACQ 0200 Item Unique Identification (IUID) CLM 037 Physical Inventories CON 0510 Managing Government Property in the Possession of Contractors PMT 0170 Risk Management Additional Information: Virtual classes are conducted via MS Teams. All times are in the local time zone of the DAU region assigned to teach the offering. Students are required to test connectivity with DAU IT prior to the class start date. DAU does not reimburse student phone/internet charges. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits).