SBA 7(j) 2017 Session: Combined Cost Accounting (FAR-31) and QuickBooks Training- Columbia, SC

Part I - Understanding the Cost Accounting Principles

To better understand what is expected of your accounting system and processes to support government contracting, we encourage business owners and their accounting professionals to take the Cost Accounting Principles class, topics include:

• Understanding the Regulations
• Review of Cost Accounting Principles
• Identifying Direct and Indirect Costs
• Identifying Allowable and Unallowable Costs
• Accounting System Definitions/Reviews

Part II – QuickBooks Training for DCAA Compliances

To increase the accuracy and compliance of your accounting processes in support of government contracts, this one-day course with hands-on access to QuickBooks Online will review configuration requirements to ensure your QuickBooks is set-up to meet & satisfy contract cost principles.

This FREETRAINING session is designed to equip participants with the skills to ensure compliant use of QuickBooks to manage contracts in the federal market, topics include:

• Overview of FAR & Other Regulatory Guidance
• Cost Accounting Principles
• Direct and Indirect Costs
• Unallowable Costs
• Business Systems
• Accounting Systems
• Chart of Accounts
• Products and Services
• General Charging Procedures
• Billing System
• Accounts Payable
• Cash Disbursements, Credit Cards & Purchasing
• Travel
• Time Tracking
• Payroll
• Indirect Rate and Job Costing