The Government Contract Accounting Institute

Bring any seminar or course directly to your staff through the Federal Publications’ In-House Presentations Program.

Learn More »

Name*

Email*

Area(s) of Interest* (Select at least one)

Accounting, Costs and Pricing

Construction Contracting

Government Contracting

Grants

International Contracting

Other (Optional):

Public

In-House

Overview

Agenda

Faculty

Accreditation

Travel Info

Print course information

The Government Contract Accounting Institute is an advanced workshop for Government contract professionals. Its purpose is to provide a forum for discussing substantive cost and accounting issues while focusing on how to manage those issues. The workshop is participative and interactive. The faculty will outline issues, pose fact situations, and guide the discussion.

The Course Curriculum subject areas will be covered but discussion will not be limited to the curriculum items. As a starting point, this problem solving workshop will analyze the persistent, continuing accounting and cost-related problems while providing a review and update of changes impacting cost and accounting issues in government contracts. While every issue may not be resolved in this workshop, we are confident that the best practices resulting from these discussions will prove to be invaluable in your day-to-day work activities.

Dates and Locations

October 8-10, 2012

Thomson Hall

New York, NY

$1125.00

Accreditation

CLE Hours

This Program is eligible for:

16.5 (60 minute)

19.8 (50 minute)

CPE Hours

This Program is eligible for:

19.0 (CPE) hours of credit

Program Level: Basic

Program Prerequisite: None

Advance Preparation: None

Method: Group-Live

CLP Hours

This Program is eligible for:

16.5 (CLP) hours of credit

Related Downloads

Registration Form for fax-in registrations (PDF)

Daily Schedule

Day 1

9:00 AM - 4:00 PM

Day 2

9:00 AM - 4:00 PM

Day 3

9:00 AM - 12:00 PM

The Course Curriculum

PERSISTENT ISSUES

Issues Related To Direct Costs
1. The significance of direct vs. indirect cost distinctions
2. Distinguishing between direct and indirect costs
3. Problems with consistency
4. Accounting for direct costs
5. Problems with distinguishing direct costs
Issues Related To Indirect Costs
1. Indirect cost relationships (determining logical and homogeneous cost pools)
2. Allocation base selection
3. Factors affecting number of cost pools
4. Impact of definition of the cost accounting period
5. Special allocation methodologies
Accounting For Unallowable Costs
1. Specific identification of unallowable costs
2. Nonspecific identification of unallowable costs
3. Effects of unallowable costs on cost allocations
4. Recordkeeping options
Structuring Specific Cost Pools
1. Home Office
2. General and administrative
3. IR&D/B&P
4. Overhead
CHANGES TO COST ACCOUNTING PRACTICE
Issues Related To Changes To A Cost Accounting Practice
1. Basic requirements & Definitions
2. Cost impact proposals
3. Status of new & proposed rules of the Cost Accounting Standards Board
SPECIAL ISSUES
Special Concerns
1. Intercompany transfers
2. Uncompensated overtime
  1. Definitions
  2. Accounting alternatives
REVIEW & UPDATE
Decisions And Changes Affecting & Impacting Accounting Issues
1. FAR Changes
2. CAS Changes
3. Board Decisions
4. Court Decisions
The Acquisition Streamlining Statutes & Regulations
1. FASA
2. Clinger-Cohen Act of 1996
Commercial Item Issues
1. The Truth In Negotiations Act
2. The Cost Accounting Standards
COST ACCOUNTING STANDARDS ISSUES
CAS Coverage
1. Applicability
2. Full vs. Modified
3. Exemptions
4. Disclosure Statements
Modified CAS Coverage
1. CAS 401
2. CAS 402
3. CAS 405
4. CAS 406
5. CASB Statements Of Concepts

AREAS OF SPECIAL INTEREST
Please note that the Institute includes coverage of new developments, Costs, Pricing, and Accounting of special interests to Government Contract professionals.

The Course Faculty

Joseph A. Barsalona is a retired Partner in the Government Contracts practice of the Corporate Finance, Recovery and Disputes Group of PricewaterhouseCoopers LLP. Mr. Barsalona coordinated the full range of services offered by PricewaterhouseCoopers to both commercial and non-profit organizations who contracted with Federal, State and Local Governments. He provided contractors with assistance on technical issues associated with the pricing, costing, and administering of Government contracts; review and design of systems; preparation of claims and resolution of disputes; design and implementation of self governance programs; and litigation support services. He has worked with a wide range of contractors, including manufacturers, construction companies, environmental engineering companies, and not-for-profits and universities. He has been actively involved in a number of contract-related investigations and litigation support activities. Mr. Barsalona holds a B.S. in Accounting from Fordham University. A Certified Public Accountant, he is a member of the American Institute of CPAs, the New Jersey State Society of CPAs and the New York State Society of CPAs.

Philip D. Treccagnoli is a Partner in the Forensic Services Government Contracts Practice at PricewaterhouseCoopers LLP. He has twenty-nine years of experience in financial management, contract/program management, project accounting, government contracts, and risk management in high-technology corporate environments. Phil has an extensive background in policy development, business operations management, regulatory and contract compliance, and providing litigation support and expert testimony on various subjects across multiple industries. Phil has worked in industry for various contractors prior to working in public accounting. He has a B. S. in Accounting from Manhattan College, and an MBA in Accounting from Adelphi University.

Accreditation

CLE Hours

This Program is eligible for:

16.5 (60 minute)

19.8 (50 minute)

CPE Hours

This Program is eligible for:

19.0 (CPE) hours of credit

Program Level: Basic

Program Prerequisite: None

Advance Preparation: None

Method: Group-Live