The Government Contracting Accounting System Adequacy –
The Importance of the Accounting Policy Manual Series

The first step in establishing the Government contractor Accounting System Policies is to create the framework of a document that will take into account the principles of an acceptable accounting system for a responsible contractor. The contractor must assure the auditor that applicable laws and regulations are being followed, the accounting system and cost data are reliable, the risk of misallocations and mischarges are minimized, and contract allocations, charges, and procedures are consistent with billing procedures.

Rapid reimbursement is a paramount concern for all contractors and an accounting policy manual, along with a compliant software system in addition to an educated staff goes a long way to accomplishing what is necessary to be a responsible contractor. Often, contractors believe it is only the software system that matters. In this part of the accounting policy manual series, we will uncover what is necessary to gather, record, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions.

Learning Objectives

1. Find out what & why you need for the basics of an accounting system policy manual
2. Learn how an accounting system description & flow diagram gives you the roadmap you need for your accounting system policy manual
3. Discover why internal controls are so significant in the accounting system policy manual
4. Uncover the principles behind a signature & assignment authority guide
5. Gather what you need for the 15 accounting system and financial management policies

Part 1:  Accounting System Policies – Accounting System and Financial Management
Wednesday, September 23, 2020 2 PM EDT

CPE credits will be given for those who attend the webinar, participate 100% in the polling questions we pose, and those who stay for the entire webinar of one CPE. Those CPE certificates will be issued roughly within a month of finishing this webinar.

Your investment is $39/webinar or $98 for all webinars.
Promo code “ALL3PROMO” is taken on the registration for the third webinar.