NEXT WEBINAR • 06/25/2024
"Understanding the Strings Attached to Your Federal Funding Award"
REGISTER HEREWILL YOUR GOVERNMENT GRANT ACCOUNTING SYSTEM SURVIVE AN AUDIT?
August 9, 2019 / Ed Jameson /
SEE IF YOU QUALIFY FOR A FREE JAMESON RISK & COMPLIANCE ANALYSIS. (VALUE $2,850)
We’ll test your timekeeping, vouching, reporting and internal controls to determine the adequacy of your accounting system in accordance with Federal Acquisition Regulation (FAR) Part 31.
Our assessment includes a review of:
- Time reporting system and labor distribution
- How costs are captured (cost pools); proper segregation of costs as direct, indirect or unallowable
- Job costing system
- Indirect rate calculation
- GAAP practices, including revenue recognition as well as government billing procedures
Once we’ve completed the report, we’ll set up a time to go over it with you in detail.