Government Accounting Compliance for Small AE Firms

For small engineering and architecture firms engaged in government contracting, compliance with federal regulations and strong accounting practices are essential. SN’s 7-course virtual, on-demand training series on Government Accounting Compliance helps you achieve these goals.

Presented by leading national GovCon accounting experts Wayne Owens, CPA, CGMA, and Robert Jones, CPA, CPCM, this series addresses the unique needs of small AE firms:

• Government Accounting Compliance Laws & Regulations: Understand the unique laws and regulations and their impact on your business operations.
• Overall Accounting System Design: Learn the principles essential for designing a compliant accounting system.
• Direct vs. Indirect Costs: Identify and differentiate between direct and indirect costs.
• Costs Under General Ledger Control: Maintain accurate and compliant general ledger records using both automated and manual systems.
• Timekeeping Systems: Implement required procedures and controls to track labor costs and stay compliant.
• Labor Distribution: Explore the importance of appropriate labor distribution systems and how to allocate labor costs based on timekeeping.
• Final Applications & Best Practices: Apply these best practices for a compliant accounting system tailored to small AE firms.