The Federal Contractor Services Network announces two events for Principals, Accounting Managers and Staff of Federal Government Contractors, and their CPA's.

Click here to register online

Date:	August 24
Time:	9:30 AM to 12:30 PM
Location:	ASCE Bechtel Conference Center, Reston, VA

Seminar Description:

In this course you will learn about the fundamental cost accounting principles imposed by the Federal Acquisition Regulation (FAR) Part 31 on commercial organizations, and will follow an example of how a DCAA compliant accounting system should be set up.

Seminar Fee:$425.00

Course content includes:

• Checklist used by DCAA in conducting Accounting System Reviews
• Setting up a Chart of Accounts to segregate Direct, Indirect and Unallowable Costs
• Job Cost Accounting
• Indirect Cost Pools and Allocation Bases
• Indirect Rate Computations
• Timekeeping System and Labor Distribution Requirements
• Unallowable Costs

Date:	August 24 - 26
Time:	Day 1 - 1:30 PM to 5:00 PM Day 2 - 9:30 AM to 5:00 PM Day 3 - 9:30 AM to 5:00 PM
Location:	ASCE Bechtel Conference Center, Reston, VA

Workshop Description:

A two and a half day workshop to assist contractors in the actual set up of a DCAA compliant accounting system using QuickBooks. We strongly recommend attending the seminar, Fundamentals of Federal Contract Cost Accounting, prior to attending this workshop. Attendees will leave with a DCAA compliant accounting system.

Workshop Fee:$1,500.00

This workshop applies the fundamentals of Federal Contract Cost Accounting to develop an accounting system using QuickBooks which will pass a DCAA Accounting System Review. Attendees should bring a laptop computer and a working copy of their QuickBooks file.

In this workshop you will set up your accounting system to be DCAA compliant under the guidance of Robert C. Smith, CPA. You will:

1. Organize the company chart of accounts to segregate direct costs from indirect costs, organize indirect costs into cost pools, and segregate unallowable costs.
2. Set up the company's jobs in QuickBooks
3. Set up payroll item to properly distribute labor to intermediate and final cost objectives
4. Set up service items so that categories of billable direct labor can be tracked
5. Set up ICAT so indirect rates can be calculated and indirect costs can be allocated to contracts
6. Conduct user group discussions so attendees can share their experiences and ideas

Register for both the Seminar and the Workshop: $1,700.00

Click here to register online

Federal Contractor Services Network is recognized by NASBA as a CPE sponsor for continuing education with a sponsor number of 108975.