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This multi-session immersion virtual course is designed to cover the most important aspects in government contract accounting. The course is a combination of lecture and case studies to build practical and useful skills to immediately make an impact in your organization.  It will cover:

• Unique Accounting Terminology and Definitions
• FAR Clauses
• Cost Accounting Standards (and Modified CAS)
• Cost and Pricing Data
• Overhead
• Allowable and Unallowable Costs
• Contract Pricing
• Auditing
• Financial Systems
• Compliance
• Defective Pricing

At the end of this program, you can be confident in your knowledge and gain valuable skills to be immediately effective in your day to day work.  

Who Should Attend:

• Accounting/Finance Professionals with limited experience in government contract accounting, or need a refresher on government contract accounting
• Directors, Managers and Administrators in government contract roles
• Small/Medium size business owners
• Legal and compliance professionals

Learning Objectives:
Upon successful completion of the course you will:

• Retain and understand Government Contract Accounting Terminology
• Apply and Recognize the FAR clauses related to the practices
• Apply and understand CAS and modified CAS situations
• Develop basic cost and price analysis
• Understand principles of overhead costs
• Determine the difference between allowable and unallowable costs
• Properly document and retain information for audits
• Determine situations when there is a potential issues related to pricing