DCAA Cost Reimbursement Series - Part 1 Accounting System Requirements & Real-Time Labor Evaluation

Event description

Prior to being awarded a cost reimbursable contract, federal government contractors need to ensure their accounting system is adequate for determining costs applicable to federal contracts.  This is accomplished when DCAA conducts a Pre-Award Accounting System Audit at the request of a federal agency.  Experts from DCAA will discuss the federal regulations that define an acceptable accounting system, evaluate the minimum requirements of the SF 1408 criteria, and how small businesses can prepare for this type of audit.  This training will differentiate between direct versus indirect costs, define total contract costs, provide an overview of indirect allocation bases, and explain how FAR Part 31 clauses describe allowability, allocability, and reasonableness.

We will also discuss real-time Labor Evaluations in depth. 

***You will need to have a CAGE code to register for this webinar.***