This presentation will provide an overview of the pre-award accounting system design review process.
Participants will learn what occurs prior to the award of a cost-type contract, what is contained in the SF 1408, and what the applicable DFARS regulations say with regard to what comprises an acceptable accounting system. Total contract costs, including direct costs and indirect costs, will be discussed. Examples of typically seen indirect rates will be provided as well as a discussion of selecting a proper allocation base will also be provided.
Participants will learn about the FAR Part 31 clauses that cover allowability, allocability, and reasonableness as well as concepts such as:
Accounting for Contract Costs
Cost by Contract Line Item
Cost Accounting Information
Management Reviews/Internal Audits
Applicable DFARS clauses
Finally, some common deficiencies will be discussed.
Presenter: Joseph Gregor Small Business Program Manager
Date and Time
Thursday Aug 27, 2020 9:00 AM - 11:00 AM CDT
Thursday, Aug. 27
No cost to attend; registration is required.
Click HERE to register.