Contracts and Accounting often operate independently within contract management, leading to inefficiencies and labor-intensive data gathering for project reporting, Incurred Cost Submission preparation, and contract closeouts. In this session, we will identify common inefficiencies and discuss streamlined processes to provide accurate data without manual intervention.

Don't miss the opportunity to become an expert in navigating the complexities of FAR 31.201 with our comprehensive webinar, tailored specifically around Unallowable Costs! Here's why you should grab your virtual seat:  Demystify FAR 31.201: Get an in-depth walkthrough of the Federal Acquisition Regulation (FAR) that governs Unallowable Costs.  Comprehend Unallowable Costs: Obtain a clear-cut understanding of what constitutes Unallowable Costs and why they matter to you.  Classify Unallowable Expenses: We'll take you through the various types of Unallowable Costs, providing the knowledge to identify them with ease.  Master Accounting Practices: Learn the ropes of properly accounting for Unallowable Costs, ensuring your organization's financial compliance.  Avoid Costly Mistakes: Uncover potential penalties and safeguard your organization by staying ahead of compliance issues related to Unallowable Costs.  Audit with Confidence: Gain valuable insights into the auditing process of Unallowable Costs to help streamline your company's operations. This webinar is an invaluable investment for those looking to refine their accounting skills, ensure compliance in their financial reporting, and steer clear of the hurdles associated with Unallowable Costs. Make sure to reserve your spot now-your expertise is just a webinar away!

Multi-segment corporations play a significant role in government contracting, leveraging diverse capabilities across industries. However, the structure of having multiple segments report to a centralized home office isn't limited to large corporations. Contractors offering a mix of commercial and government products or services can benefit from segmenting these lines of business with centralized management and shared services. While this structure provides operational advantages, it also introduces unique compliance challenges under government contracting regulations. In this session, we'll start with an overview of regulatory requirements and guidance for cost accounting in multi-segment and home office settings, then explore the benefits and challenges of multi-segment structures in government contracting. By the end, attendees will gain a comprehensive understanding of:  Definitions of segments and home offices in government contracting  FAR and CAS requirements related to multi-segment and home office cost accounting  Operational benefits of multi-segment structures  Compliance challenges associated with multi-segment accounting Learning Objectives: Upon completing this webinar, participants will be able to identify key compliance requirements for multi-segment corporations in government contracting and apply best practices for structuring segments and home offices to align with regulatory standards.