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Government Contracting Institute - Essential Accounting Components Class

Wednesday, February 19, 2014 - 8:30 a.m. - 4 p.m.

Accounting is accounting - except when your customer is the Federal government. Doing business with the government can be challenging enough. Add in extensive accounting requirements, internal controls and system expectations and it can become complex and frightening. Without a proper accounting system in place, a contractor faces enormous difficulties, hurdles, and possibly lost profits or contracts. The purpose of this course is to develop a better understanding of the government contracting environment and how to ensure compliance with Federal regulations. Expand your knowledge of government accounting systems, FAR Cost Principles, and indirect rate computation with Essential Accounting Components from the Government Contracting Institute.

This course will provide your organization with the knowledge and skills necessary for compliance with Federal Regulations and has all the basic attributes of a DCAA Approved Accounting System to reduce audit risk, help contractors navigate through the unique rules and regulations/requirements of accounting.

    Course highlights include:
  • > Acquisition Methods
  • > Types of Government Contracts
  • > Direct Costs versus Indirect Costs
  • > Indirect Rate Structures & Rate Computation
  • > Developing and Managing Indirect Rates
  • > FAR Part 31 Allowability of Costs
  • > Components of an Approved Accounting System
  • > Types of Government audits
  • > Essential Policies & Procedures
  • > Review of Compliance Requirements (Ethics, EVM, Purchasing System)
  • > Current Events in the Federal Marketplace
  • Best Practices and Cash Management Considerations in the Industry


Who Should Attend
CFOs, Controllers, Accounting Managers, Staff Accountants, Division Managers, Contract Administrators, Business Managers and Owners, and Project Managers

REGISTER NOW


Instructor
Donna Dominguez, Principal Consultant for Aronson LLC's Government Contracts Services Group
Tom Marcinko, Principal Consultant for Aronson LLC's Government Contracts Services Group
Nicole Mitchell, Partner for Aronson LLC's Government Contract Services Group


Location: bwtech@UMBC Research & Technology Park- North
5520 Research Park Drive
Baltimore, Maryland 21228


SPONSORED BY: Holtzclaw (Ted) - Operations Manager at WABC-TV in New York, 2012    Holtzclaw (Ted) - Operations Manager at WABC-TV in New York, 2012
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