Accounting for Government Contracts

Doing business with the US Government can be extremely challenging, but when you layer in the extensive accounting requirements, internal controls, and system expectations that come with US Government contracts, it can become downright frightening.  The purpose of this class is to help contractors navigate the details of these requirements so that they can successfully recover all allowable and allocable contract costs incurred in support of their contracts.  This class will also prepare contractors for the accounting requirements of cost reimbursement contracts, as well as the audit expectations of DCAA when reviewing contractors’ systems. 

The instructors will provide real life examples of  the challenges associated with the existing audit environment as well as useful cases of what NOT to do.  Whether your company is new to government contracting or has been in this business for years, this class will be valuable to ensure that you are up to speed with these ever changing requirements and prepared for the audit requirements to come as a result of these contracts.