Government Contracting Under the FAR & AASHTO Guides: Everything You Need to Know, and Then Some!

Don't be held liable for FAR overhead rate errors. 

Federal Acquisition Regulation (FAR) overhead rates are notoriously complex and loaded with tricky nuances. Correctly interpreting and applying the FAR requirements is critically important. 

This year's training sessions are updated to include the latest court cases on timekeeping and mergers and acquisitions. Additional discussion includes the 2023 Compensation Matrix and the effect this had on firm overhead. Learn how to avoid costly errors from the authorities on FAR audits.

Join SN's FAR experts Tony Machi, CPA, MBA, CDA, and Wayne Owens, CPA, CGMA, CDA for this 2-day educational event where you'll learn everything you need to know about Government Contracting audits. Plus, earn 14 CPE credits in Accounting (Governmental).

Topics Covered Include:

• Overview of FAR theory and related rules
• What the AASHTO Guide means for your firm
• Navigating federal vs. state requirements
• Roles and responsibilities for your firm vs. the state DOT vs. sub-contractors
• Accounting system requirements you must have in place
• The importance of timesheets
• How to use "Cognizant Letter" to simplify your contracting
• Determining if Cost Accounting Standards apply to your firm
• The future of technology use
• Field rate development
• What your PM's & Principals need to know when proposing on a government contract
• Complying with FAR financial management system requirements
• FAR requirements for internal controls
• Allowable related party transactions under FAR
• Ideal labor costing method alternatives
• Compensation Matrix
• Proper compensation planning
• Executive compensation under FAR
• Can an agency limit your direct rates?
• Does the BBA rate apply to your contracts?
• Why allowable overhead is the biggest profit factor for government contract negotiations
• Minimizing unallowable overhead
• Allowable business development costs
• Allowable vs. unallowable: warrantee, insurance, interest, and lobbying costs.
• Which overhead costs are never allowed?

All cancellations must be received 72 hours in advance for a full refund. No refunds are provided after that time; however, registration may be transferred to a colleague. For information regarding refund, program cancellation policies, or other concerns, please contact us at snmarketing@stambaughness.com.

Stambaugh Ness 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 of individual courses for CPE credit. Concerns regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.