Events

Calculating Indirect Rates, Beginner

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Date/Time
Date(s) - 05/09/2017
9:00 am - 12:00 pm

Location
Mason Enterprise Center

Categories


 May 9, 2017 9:00 AM – 12:30 PM
 5/9/2017 8:00 AM (EDT)
Attendees must register in advance; space is limited:   https://vaptap.ecenterdirect.com/events/1850

Government Contract Accounting is a specialized type of accounting required for all organizations that conduct business with the federal government. Indirect cost rates are necessary for contract pricing and payment purposes on government contracts. An indirect cost rate is simply a way of determining how to fairly and conveniently proportion indirect costs to a contract or activity of an organization. In this session, you will gain a practical understanding of Government contract accounting as it relates to:

 

  • The nature of direct versus indirect costs
  • What costs can be included in indirect rates
  • An example of a three-tiered indirect rate structure
  • How to prove your indirect rate calculation

Please bring a calculator to class.

Participants in this Group-Live Seminar can earn up to 3.5 Total CPE Credits: 3.5 in Specialized Knowledge

WJ Technologies 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 the final authority on the acceptance of individual courses for CPE credit.

Visitor parking is located at the Church and Liberty Street lots, both just a short walk away through historic downtown Leesburg.

The closest lot is located on Church street, this lot is $1.50 per hour and visitors can utilize the pay station in the lot, or use the smartphone app ParkMobile. (Intersection of Church Street and Loudoun Street Directions: https://goo.gl/maps/QYFvuAhz68L2

Parking at the Liberty Street lot is complimentary, Address: (204 Liberty Street SW, Leesburg VA 20175 Directions: in text link https://goo.gl/maps/QzFX7MWN14n