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PBMares’ CPA and Partner, Neena Shukla along with government contracting consultant, Sam Davidson, presented an important training series for government contractors. These carefully designed sessions addressed the basic compliance and business management processes and tools valuable to the small and emerging government contractor as well as the larger more established organizations. They provided in-depth guidance on establishing a compliant accounting system and indirect rate structure that will be accepted by the Defense Contract Audit Agency (DCAA) and allow you to propose on and win government contracts. Information on proper labor timekeeping and recording practices identified areas of compliance risk. The allowability of those costs identified as ”expressly unallowable” and the proper accounting for these costs was discussed capped off with the value of comprehensive policies and procedures to ensure your continued compliance.
Accounting/Budget, Contract Management, Government Contracting, Intermediate Level, Introductory Level, Orientation, Basic Training, Introductory Topics, Selling to Government
This series covered:
Accounting System Compliance Requirements
Timekeeping and Labor Risk Avoidance
Requirement for Job or Contract Costing vs. Pricing
Indirect Rate Structures for Management Decision Making
Identifying and Accounting for Unallowable Costs
Implementation of Policies and Procedures to Ensure Compliance
Consequences of Non-Compliance
Current Government Audit Environment
April 2, 2019
Establishing a DCAA Compliant Accounting System / Avoiding Timekeeping and Labor Distribution Risks
1:00 PM – 4:00 PM (EDT)
April 9, 2019
Developing Management-Centric Indirect Rates for Costing and Pricing
1:00 PM – 4:00 PM (EDT)
April 16, 2019
Identification and Accounting for Unallowable Costs / Policies and Procedures – Ensuring Continued Compliance
1:00 PM – 4:00 PM (EDT)
Fee: No Fee
Point of Contact: Kellie Peterson (703) 277-7750
Virginia PTAP – Central Virginia
BizWorks Center Training Room, 2545 Bellwood Road, Richmond VA 23237
Google Map
This Virginia PTAP seminar is located at BizWorks Center training room, 2545 Bellwood Road, in Richmond, Virginia. Parking is free. For additional information about the location or directions, see the website or call (804) 275-5190.
Neena Shukla, CPA, CFE, CGMA, FCPA, Partner, PBMares, LLP
Ms. Shukla is a Partner with PBMares, LLP based in the Metro D.C. area and Leader of the Government Contracting Team. She has more than 15 years of public accounting experience. Her areas of specialization include government contracting, employee benefit plans, construction and real estate entities, cybersecurity, due diligence for mergers and acquisition support, Securities and Exchange Commission consulting and working with technology companies. She brings specialized knowledge of key accounting issues such as employee stock compensation, equity transactions, and revenue recognition to clients. As a Certified Fraud Examiner (CFE) and a Forensic Certified Public Accountant (FCPA), she also performs consulting engagements focusing on fraud investigation and analysis.
Sam Davidson, President and CEO, GovConConsulting2013, LLC
Mr. Davidson is an independent consultant with over 50 years of experience in government contracting compliance and accounting for government contracts. He specializes in the development and implementation of compliant business systems, developing and implementing indirect cost rate allocations, cost recovery optimization practices, preparation of requests for equitable adjustments and responding to DCAA issues. His proactive approach to potential control and compliance situations addresses systemic problem identification, the implementation of realistic and practical corrective actions and continuing control and compliance verification.
