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4 Sessions
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Compensation is typically one of the most significant costs incurred under US Government contracts.  Often times, it is also used to drive costs to our contracts.  Not surprisingly, this cost element is governed by the longest and most detailed contract cost principle and four compensation related Cost Accounting Standards (CAS).  Join us for this four part webinar series where we will explore the cost accounting and allowability requirements to help optimize one of your largest corporate expenditures. 

In this four part webinar series, each session will tackle some of the unique accounting and regulatory requirements including:  Introducing participants to some of the differences between financial accounting and Government contract accounting requirements; Addressing key requirements such as cost allowability and Cost Accounting Standards (CAS); and, Audit risk considerations. Each 90 minute webinar will acquaint the participant with a different aspect of Government contract compensation and offers 1.5 hours of CPE.

The four part series includes:

Session I:  Compensation Accounting– Navigating the Differences
Session II:  Cost Allowability and Compensation Cost
Session III:  Compensation Cost and CAS
Session IV:  Audit Risks and Considerations

Register for the entire series or join us for an individual webinar that suits your business needs. 

Your instructor, Deborah Nixon, is a nationally recognized trainer, licensed Certified Public Accountant (CPA) and career dedicated Government contracts practitioner with over 30 years of experience.  Deborah is the founder of Crosshair Advisors, and a retired Partner with Ernst & Young’s Government Contract Services practice where she worked for 25 years. Before joining EY, she held management positions with both large and emerging growth contractors including Motorola and General Dynamics.  Her educational credentials include a Masters of Business Administration in Strategy and Entrepreneurship from University of North Carolina’s Kennan-Flagler Business School where she was an honor student inducted into the Beta Gamma Sigma honor society; Bachelor’s Degrees in Finance and Economics from University of Maryland; Attended American University’s graduate accountancy program; and holds a certificate in Corporate Governance and Board Effectiveness from Northwestern University, Kellogg School of Management.
On-Demand Sessions
As a cost-based Government contractor, the use of full absorption accounting is required. While Generally Accepted Accounting Principles (GAAP) serves as our foundation for compensation accounting, FAR Part 31.205-6, Compensation for personal services and the four compensation related CAS layer additional requirements upon a Government contractor.... more
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FAR expansively defines compensation to include all remuneration paid currently or accrued, in whatever form and whether paid immediately or deferred, for services rendered by employees to the contractor. In this webinar we will describe the categories of compensation cost; Discuss the five general criteria required for allowable employee compensa... more
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Four Cost Accounting Standards are compensation related and three of those four standards are incorporated into 31.205-6 - the compensation cost principle. Compensation related CAS address PTO, deferred compensation including ESOPs, and pensions to include 401K plans. Join us to identify which requirements apply to CAS and non CAS-covered contrac... more
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As one of the most significant costs incurred under US Government contracts compensation cost presents challenges to industry and the Government alike. Challenges including documentation; reconciliation; business context; uncompensated overtime; and executive compensation and offsets. This webinar provides an overview of selected audit risks and... more
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Schedule Training
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