"Solving the puzzle of government contracting"
DCAA Compliant Accounting for Government Contractors
This event is scheduled for
Thu, Jul 18, 2019 from 1:00 PM to 2:30 PM
at Free Webinar
Many government contracts and grants require an “adequate” or “approved” accounting system. More than a FAR requirement for certain contract types, an adequate accounting system helps you understand your costs and positions you for financial success. Come learn the essential components of an accounting system and best practices for passing the SF 1408 survey.
Are you working or bidding on:
SBIR Phase II
MAC* (multiple award contract) or GWAC* (government-wide acquisition contract)?
If so, you’ll need an approved accounting system.
What does it mean to have an “adequate” or “approved” accounting system? You must meet the 15 requirements outlined in SF1408 Preaward Survey of Prospective Contractor Accounting System. Key items include segregation of direct and indirect costs, a logical and consistent method for the allocation of indirect costs, timekeeping, and labor distribution.
The SF1408 review of your accounting system includes the software (e.g. QuickBooks), the apps (e.g time and expense reporting, payroll), your policies and procedures, and historical records.
We’ll guide you through the basic requirements and dispel common myths regarding the use of QuickBooks. Join us to learn best practices to prepare for and successfully pass the survey (aka “audit”)!
*Note that some MACs and GWACs required approved accounting systems for participation because the contract vehicle includes T&M and cost-reimbursable task and delivery orders.
Target Audience: Novice and experienced business professionals and executives who operate or plan to operate in the federal space.
As a client of CT PTAC, you can attend this webinar at no cost to you. So, if this topic is of interest to you, check out the details below and register today.
DCAA Compliant Accounting for Government Contractors
Date: July 18, 2019 Time: 1:00 p.m. EDT Presenters: Robert E. Jones and Melissa Metzger Cost:FREE with coupon code CT9102
Registration Instructions: 1. Add webinar to cart. 2. Enter your code in the Coupon field and click Apply. 3. Click Proceed to Checkout to complete your registration. 4. Fill out the registration form and click Place Order.
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Meet Your Instructors:
ROBERT E. JONES knows government contracts: How to qualify for them. How to manage them. And how to profit from them. With over 14 years of Department of Defense contract and accounting experience, he helps companies successfully navigate the complex legal and regulatory framework of federal contracting.
As a consultant to small and mid-sized businesses, Mr. Jones offers expert input into strategic planning, cost and pricing models, financial analysis, negotiation strategies and regulatory compliance. He designs and implements DCAA-compliant ERP and accounting systems for service, manufacturing, and aerospace companies. His proactive, decisive approach to finding opportunities and solving problems is based on experience in managing more than $30 million in federal contracts.
A leading member of the National Contract Management Association, Mr. Jones holds the association’s Certified Professional Contracts Manager (CPCM), Certified Federal Contracts Manager (CFCM), and Certified Commercial Contracts Manager (CCCM) designations. For his notable contributions to the field of contracting, the NCMA has given him three of its highest honors: Fellow, National Achievement Award, and Top Professionals Under 40 in Contract Management Award. He is an active member of the Commerciality Consortium of the National Defense Industry Association (NDIA).
Mr. Jones is a well-known national presenter on government contract management, accounting compliance, and related topics. His highly rated presentations engage audiences with innovative approaches to profitability and compliance in federal contract management.
The West Virginia native, Mr. Jones earned a Bachelor’s degree in accounting from the McColl School of Business at the Queens University of Charlotte in North Carolina. He holds a Master’s degree in accountancy from The Graduate School of the College of Charleston in South Carolina. He is a licensed CPA in the State of Ohio.
MELISSA METZGER has throughout her career, spanning multiple industries, regulatory environments, and company structures, successfully developed and instituted compliant and efficient processes. It has saved businesses over $1.5 million during the last 5 years. She has also managed over $100 million in annual federal funds, and has worked with multiple stand-alone funding streams with different regulatory constraints and accounting requirements.
Growing up in an educationally driven military-supporting family in north-central Ohio, Melissa developed many of the skills she relies on now to achieve her professional successes. Her inquisitive, supportive, innovative, collaborative and learning-based approach facilitates her ability to quickly understand the inner workings unique to each business and develop a custom solution. Melissa’s strategic business acumen and skill-set allow her to excel in small and large business settings and diverse industries including manufacturing, publishing, transportation and warehousing, housing, and service-based environments.
Ms. Metzger is a Certified QuickBooks ProAdvisor who earned her bachelor’s degree in accounting from Otterbein College in Ohio. She holds a master’s degree in accounting and financial management from the Keller Graduate School in Ohio.