Government Contract Accounting

This event qualifies for 1.5 CPEs

This event qualifies for 1.5 CLPs

This one hour crash course will cover the most important aspects of government contract accounting. The webinar is intended to portray at a high level what is needed to retain practical, compliant and useful skills that can make an immediate impact on your organization.


What You’ll Learn:

  • Government terminology and definitions
  • The difference between direct and indirect costs
  • What a “wrap” rate is
  • How to calculate indirect rates and how they are applied to your costs
  • Understanding Allowable and unallowable costs
  • Understanding Cost pools (Fringe, Overhead, General & Administrative)
  • Basic FAR clauses
  • Contract Pricing
  • Financial Systems
  • Compliance
  • How NOT to price

Speaker and Presenter Information

Shawn Chen


Mr. Chen is a Principal at RM Advisory Services LLC and leads the Government Contracting Services practice. He has more than 25 years of experience in managing finance and accounting operations. At RM Advisory Services, Mr. Chen’s expertise includes growth and profitability strategies, accounting system implementations, managing financial health for clients, and being a trusted advisor that interacts  with outside auditors, banks and other financial matters on behalf of the clients.

Relevant Government Agencies

Federal Government, State & Local Government

Event Type

This event has no exhibitor/sponsor opportunities

Tue, Sep 22, 2020, 1:00pm - 2:30pm ET

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Centre Law and Consulting

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