Multi-segment corporations play a significant role in government contracting, leveraging diverse capabilities across industries. However, the structure of having multiple segments report to a centralized home office isn’t limited to large corporations. Contractors offering a mix of commercial and government products or services can benefit from segmenting these lines of business with centralized management and shared services. While this structure provides operational advantages, it also introduces unique compliance challenges under government contracting regulations.

In this session, we’ll start with an overview of regulatory requirements and guidance for cost accounting in multi-segment and home office settings, then explore the benefits and challenges of multi-segment structures in government contracting. By the end, attendees will gain a comprehensive understanding of:

• Definitions of segments and home offices in government contracting
• FAR and CAS requirements related to multi-segment and home office cost accounting
• Operational benefits of multi-segment structures
• Compliance challenges associated with multi-segment accounting