If you receive a cost-reimbursable award, you are allowing the government complete visibility into your accounting system and all costs, whether billed to the government or not.
Webinars are 2:00-3:00 PM Eastern Standard Time (EST) September 10-12th
Webinar #1: September 10th, Tuesday, 2:00 – 3:00 PM EST
Understanding Indirect Cost Rates.
We begin our webinar series with a discussion on how to project the best indirect cost rate for your proposal, as this will have a massive impact on whether you are cash flow positive assuming you’re bootstrapped.
We’ll dive into a discussion on the indirect cost rate “cycle” and explain the critical events that you need to monitor as your business evolves over time.
If you negotiate an indirect cost rate, you will be required to prepare and annual “True-Up Report” (also known as an Incurred Cost Submission). This report is used to negotiate your final annual indirect cost rates, which are used as a baseline to negotiate future provisional indirect billing rates.
Webinar #2: September 11th, Wednesday, 2:00 – 3:00 PM EST
How to set up your books for government awards.
If your company has received a government grant or contract, you need to be familiar with the Federal Acquisition Regulation (FAR) Part 31 and must maintain your books accordingly. During this webinar, we roll up our sleeves and share details on how to set up your accounting system.
Webinar #3: September 12th, Thursday, 2:00 – 3:00 PM EST
How to Survive the Audits Embedded in your Federal Funding Award.
Federal funding awards contain audit requirements. In this one-hour webinar, we discuss what gets examined during a Uniform Guidance Audit (UGA) as well as Defense Contract Agency Audits (DCAA). We will examine common audit findings and how to resolve them.
Finally, the indirect cost rate negotiation process will be discussed, so our three day event comes full-circle.