Self-Study Course Details
Course Description
Accounting for government contracts has its own unique and specialized rules, regulations, standards, challenges, and hurdles. Compliant accounting systems that provide meaningful information require a solid foundation built on principles, regulations, and industry best practices.
Each step of the way, government contractors are required to follow specific accounting principles and standards. And, dealing with the Federal Government can be difficult and complex. Without a proper accounting system that is in place, a contractor can be faced with enormous difficulties, not the least of which is lost profits, or worse, lost contracts. That is why a solid foundation for government contract accounting is so important.
Join government contract expert Robert Jones as he shares best practices to set your company up for success.
Learning Objectives
- Identify the basic principles and regulations for government contract accounting.
- Understand the importance of segregating direct and indirect costs.
- Understand cost pools.
- Learn to draft basic govt contract chart of accounts.
Prerequisites
- General knowledge of accounting rules and regulations surround government contracts.
Advanced Preparation
None
Author Details
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Robert Jones
Award-winning speaker Robert E. Jones shows audiences how to navigate the constantly changing legal and regulatory landscape of government contracts. In his engaging and highly rated presentations, he shares insider secrets drawn from 15 years of DoD contract and accounting experience. His proactive, decisive approach to finding opportunities and solving problems is based on experience in managing more than $400 million in federal contracts.
Mr. Jones has experience with a wide variety of speaking engagements including emcee/moderator, seminars, training, chapter meetings, and conference presentations. He engages audiences with innovative approaches to contract profitability, accounting, compliance and related topics.
The West Virginia native earned a bachelor’s degree in accounting from the McColl School of Business at 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.
NASBA Sponsor
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Encoursa is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBAregistry.org.
$15.00
CPE
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Webinars: CPE certificates will be accessible through your dashboard 1 hour after a webinar concludes.
Self-Study: CPE certificates will be accessible through your dashboard immediately after passing the qualified assessment.
For specific instructions on accessing your CPE, please see our FAQ section on our support page.
- Multiple Attendees on Webinars: Each attendee should register separately for the webinar. If more than 1 attendee participated from the same device, please contact us after the event to let us know. For group signups for paid events, please contact us.
Purchase options
Self-Study Course
Laying the Foundation for Government Contract Accounting
- by Robert Jones
- Credits: 1.00
$15.00
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