As a cost-based Government contractor, the use of full absorption accounting is required. The Federal Acquisition Regulation and its Supplements impose full absorption
accounting and a series of accounting system requirements on Government contractors – many of which are unique to Government contractors. These requirements range from project or
process-based cost accumulation to the identification and segregation of unallowable costs and may apply enterprise-wide. This course will unravel the requirements; Discuss the Government
contract audits linked to the accounting system; and, Share strategies for mitigating accounting system risks.
Audience:
• Accounting & Financial Executives, Managers and Professionals
• Project/Program Managers and Controllers
• Contract and Subcontract Administrators
• Auditors
• Lawyers
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Price: $695Client Price: $625
