Fundamentals of Government Cost Accounting
Date/Time
Date(s) - 12/11/2017
10:00 am - 12:30 pm
Location
MEC - Leesburg
Categories
$50
Fundamentals of Government Contract Accounting
- Major Contract types
- Direct and Indirect cost
- Cost Accumulation Structure
- Indirect Cost Pools
- Indirect Rates
- Accounting for Unallowables
- DCAA Accounting Systems Survey checklist
- Accounting Policy and Procedures
- Accounting & timesheet software options for contractors
How to setup your QuickBooks file to help you pass DCAA Accounting system review
- How to Setup chart of accounts to segregate direct and indirect cost
- How to segregate and capture FAR 31.205 related Unallowables cost
- How to setup payroll to track direct and indirect labor
- How to generate labor distribution report
- How to setup customer, project, task to track revenue and direct cost by project
- How to capture direct cost by project and run job cost report
This class is taught by MillerMusmar CPAs, a full service, performance driven CPA firm. MillerMusmar CPAs offer cost-effective and responsive service clients to provide management-friendly tax advice and creative solutions to complex problems government contractors face every day.
Kellie Peterson (703) 277-7750
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
