SBDC: DCAA Accounting Systems Requirements
Name: SBDC: DCAA Accounting Systems Requirements
Date: August 27, 2020
Time: 9:00 AM - 11:00 AM CDT
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:
- Contract Terms
- Accounting for Contract Costs
- Labor System
- Unallowable Costs
- Cost by Contract Line Item
- Cost Accounting Information
- Management Reviews/Internal Audits
- Applicable DFARS clauses
Small Business Program Manager