The Alaska APEX Accelerator is a partner program of UAA's Business Enterprise Institute, and provides services across Alaska.
Helping Alaska's businesses contract with the government

Laying the Foundation of Government Contract Accounting

When:

May 10, 2020, 9:00 AM - 10:30 AM

Where:

Webinar

Cost:

free

Accounting in Government contracting has its own unique and specialized rules, regulations, standards, problems, and hurdles. Compliant accounting systems that provide meaningful information require solid foundations built on principles, regulations, and industry best practices. Everything in Government contracting – negotiation, performance, termination, and more – requires that contractors follow specific accounting principles and standards. Moreover, dealing with the Federal Government can be difficult and complex. Unless a proper accounting system is in place, a contractor may face enormous difficulties, not the least of which is lost profits, lost contracts.

After taking this training, you will

  1. Know the basic principles and regulations for government contract accounting
  2. Understand why it is important to segregate direct and indirect costs
  3. Understand cost pools
  4. Be able to set up a basic govcon chart of accounts

This webcast is offered to Alaska registered PTAC clients only. Call 786-7258 or email jysummers@alaska.edu for registration site and access code.

Add to Your Calendar 05/10/2020 9:00 AM 05/10/2020 10:30 AM Laying the Foundation of Government Contract Accounting

Accounting in Government contracting has its own unique and specialized rules, regulations, standards, problems, and hurdles. Compliant accounting systems that provide meaningful information require solid foundations built on principles, regulations, and industry best practices. Everything in Government contracting – negotiation, performance, termination, and more – requires that contractors follow specific accounting principles and standards. Moreover, dealing with the Federal Government can be difficult and complex. Unless a proper accounting system is in place, a contractor may face enormous difficulties, not the least of which is lost profits, lost contracts.

After taking this training, you will

  1. Know the basic principles and regulations for government contract accounting
  2. Understand why it is important to segregate direct and indirect costs
  3. Understand cost pools
  4. Be able to set up a basic govcon chart of accounts

This webcast is offered to Alaska registered PTAC clients only. Call 786-7258 or email jysummers@alaska.edu for registration site and access code.

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