207: Mastering Compliance Risks in Government Contracting: A Conversation with Giacomo Apadula

In our latest episode, Randie Ward had the privilege of interviewing Giacomo Apadula, an authority in government contract and grant administration. Giacomo's extensive expertise lies in cost accounting, regulatory compliance, and business process improvement/system design. Throughout the episode, Giacomo shared his wealth of knowledge, drawing on his experience serving clients in the government contracting and grantee sectors, spanning both profit and non-profit organizations. His clientele includes large defense contractors, biotechs, and not-for-profits, encompassing complex Federally Funded Research and Development Centers (FFRDCs) and international relief organizations. Giacomo specializes in guiding these entities on mitigating compliance risks and implementing robust internal controls. One of Giacomo's key areas of focus is helping organizations establish the internal control framework necessary to obtain government-approved business systems, such as accounting/billing, estimating, and purchasing.  During the conversation, Giacomo highlighted his proficiency in Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), 2 CFR 200, as well as agency-specific supplements such as NIH/DFARS/AIDAR/HHS. He showcased his analytical skills by emphasizing the use of Microsoft Access and Excel for statistical modeling and analysis. Overall, Randie’s discussion with Giacomo delved deep into the intricacies of government contract and grant administration, shedding light on the importance of compliance, cost accounting, and effective business processes. Tune in to this episode to gain valuable insights from a true expert in the field.   Click here to learn more about Giacomo: Linkedin: https://www.linkedin.com/in/giacomo-apadula-67411b5/  Company Linkedin: https://www.linkedin.com/company/rsm-us-llp/  Website: https://rsmus.com/  Facebook: https://www.facebook.com/rsmusllp/  Instagram: https://www.instagram.com/rsmusllp/  Youtube: https://www.youtube.com/rsmusllp1