Speakers: Jennifer Schultz and Curtis Wehr/Tiffany Jones

In Person:
Gov-Con Solutions Training Center
390 Interlocken Crescent, Suite 350
Broomfield, CO 80021

Live Online: Webinar login details will be provided upon registration

  • DCAA & Government Accounting Seminar / August 22nd, 2017

    9:00am - 9:30am

    Introduction

    Jennifer Schultz

    9:30 - Noon

    DCAA Government Cost Accounting

    • Government Agencies
    • Federal Acquisition Regulations
    • Procurement Process
    • Cost Accounting/Accounting Basics
    • Adequate Accounting System
    • Direct and Indirect Costs
    • Structuring Specific Cost Pools-Indirect Rates
    • Labor Cost Tracking Issues
    • Travel Guidelines
    • Unallowable Costs/ Equipment/ Billings

    Jennifer Schultz

    Noon-12:30

    Lunch (Provided)

    Gov-Con

    12:30-3:00

    DCAA Government Cost Accounting

    • DCAA Audits
    • Pre Award Accounting System Survey
    • Provisional Billing Rates
    • Incurred Cost Audits
    • Financial Capability Audits
    • Policies and Procedures
    • Labor Floor Checks
    • Hotline Posters
    • Current Issues

    Gov-Con

  • Indirect Rate Development / August 23rd, 2017

    9:00-10:00am

    Indirect Rate Development

    • Prepare labor worksheets
    • Prepare direct cost
    • Calculate indirect cost for growing companies
    • Prepare quick and comprehensive budgets
    • Creating a target rate
    • Monitoring budgeted vs. actual indirect rates
    • Adjust vouchers after rates are certified
    • Adjust Accounting System

    Jennifer Schultz

  • Incurred Cost Proposal Seminar / August 23rd, 2017

    10:00-Noon

    Incurred Cost Proposal Seminar

    • ICE Schedule Preparation
    • Using DCAA ICE template
    • Converting your data to fit DCAA’s model
    • Schedule by schedule preparation instruction
    • DCAA ICE Adequacy
    • Understanding the “New” adequacy
    • What are your rights as a contractor?
    • Amending Previous ICE Reports
    • Situations requiring amendment
    • What schedules to submit?

    Jennifer Schultz

    Noon-12:30

    Lunch (Provided)

    Gov-Con

  • QuickBooks Seminar / August 23rd, 2017

    12:30-2:00

    QuickBooks Seminar

    • Chart of Account Design (Direct, Indirect, and Unallowable Segregation)
    • Data Entry (Segregation of direct and indirect costs)
    • Labor Distribution
    • Payroll Set-up
    • Total Time Accounting
    • Timecard reconciliation to payroll records
    • Job Costing
    • Contract Segregation
    • Job Cost Reports-Job Cost Ledger
    • General Ledger Control

    Curtis Wehr & Tiffany Jones