Gain an understanding of the cost accounting criteria applicable to governmental contracts and contractors.
This ondemand webinar will provide a fundamental overview of the federal government's expectations related to accounting for costs on contracts; and provide industry resources for more detailed background and assistance to ensure compliance. This ondemand webinar is geared for professionals in the area of accounting, compliance, finance, and program or contract management.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Welcome and Introduction
Introduction to Cost Accounting for Federal Government Contractors
Fundamental Requirements - Accounting for Cost on Federal Government Contracts
- Expectations for Accounting for Costs Incurred on Government Contracts
- Regulatory Basis for Government Expectations
- Potential Consequences for Noncompliance With Government Expectations
The Audit Experience
- Who Is the Defense Contract Audit Agency
- Audits to Determine the Overall Adequacy of the Accounting System and Accuracy of Recorded Costs
General Resources Overview for More Specifics on Government Contract Cost Accounting and Regulatory Compliance
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on March 30, 2015.
Call 1-866-352-9540 for further credit information.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Chad Braley
Capital Edge Consulting
- CEO and managing director of Capital Edge Consulting
- Practice areas include Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), Truth in Negotiations Act (TINA), Defense Contract Audit Agency (DCAA), audit support and audit defense, government contracts training (accounting and compliance related), incurred cost submissions, Deltek accounting systems, forward pricing rates, indirect cost structures, cost impact statements and CAS disclosure statements
- Nationally recognized speaker who has lectured on a number of topics, including government contract accounting, FAR, CAS, cost and price analysis, incurred cost submissions, introduction to government contracting, government contractor systems compliance, earned value management and FAR Part 31
- Member of the National Contract Management Association (NCMA), the National Defense Industrial Association (NDIA), and the Board of Directors at the Public Contracting Institute
- B.S. degree, with a major in business administration, Williams School of Commerce at Washington and Lee University
- Can be contacted at 855-CAP-EDGE x101 or [email protected]
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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