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UNDERSTANDING THE BASIC ACCOUNTING REQUIREMENTS FOR FEDERAL GOVERNMENT AWARDS

if you have a cost-reimbursable grant or contract, then you must comply with the FAR. That compliance means detailed record-keeping and reporting, proper management of costs, and being audit-ready.

LEARN FROM OUR 30 YEARS OF EXPERIENCE

We’re specialists in Government Award Accounting; it’s our sole focus. With over three decades of experience, clients from coast-to-coast, and over $4 billion in awards managed, we know the agencies, the regulations and how to keep you in business and out of trouble. One of the best ways is to increase your understanding of your government award and the rules and risks that come with it.

"Understanding The Basic Accounting Requirements For Federal Government Awards" includes:

  • How to set up your chart of accounts
  • The difference between direct, indirect, and unallowable costs
  • The importance of timesheets
  • Job Cost Reporting
  • Indirect Cost Reports and Incurred Cost Submissions

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