Events

Two session series in which attendees may choose one or both to attend depending on level of interest. Registrations after 12/2/2021 are accepted via email at ptac@gmu.edu until the date of the second session. We hope you will join us!

This series of carefully designed sessions addresses the basic compliance and business management processes and tools valuable to the small and emerging government contractor as well as the larger more established organizations. They provide in-depth guidance on establishing a compliant accounting system and indirect rate structure that will be accepted by DCAA and allow you to propose on and win government contracts. Information on proper labor timekeeping and recording practices will identify areas of compliance risk. The allowability of those costs identified as ”expressly unallowable” and the proper accounting for these costs will be discussed capped off with the value of comprehensive policies and procedures to ensure your continued compliance.

SESSION ONE:  Accounting System Compliance – Foundation for Success (12/2/2021)

• SF1408 – Accounting System Adequacy Assessment
• Job Costing Requirement – Need for Consistency
• Labor Recording
• Internal Controls
• Policies and Procedures

SESSION TWO:  Strategic Costing and Pricing Fundamentals (12/3/2021)

• Determining Direct Labor Values
• Establishing Indirect Expense Allocation  Bases
• Strategic Indirect Rate Alternatives – Why and When
• Pricing Alternative Comparisons
• Setting and Supporting the Profit Objective