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Course Description

Business owners often complain about price competitiveness and profitability: a product or service is overpriced in comparison to the market and/or they’re losing money and don’t know why. Complex organizations, those with more than one product or service offering, require advanced indirect rates to align related costs with their appropriate drivers. Creating advanced indirect rates requires a significant amount of planning and implementation. In this webinar we’ll discuss the common reasons for, and the mechanics of, creating multiple rates. This webinar will help you to gain a basic understanding on governmental accounting and financial reporting by reviewing auditing and internal controls, as well as governmental fund accounting and budgeting. 

MAJOR TOPICS COVERED : 

  • Preferred rate types
  • When is the de minimis 10% rate right for you
  • Differing direct cost base options
  • Best ways to pool indirect costs
  • Seeking and negotiating a federal rate 
  • How to navigate your unallowable costs.

This session helps you identify the need for multiple indirect rates and provides methods to help you improve profitability.  A basic understanding of indirect rates either from work experience or by watching our previous webinar, Fundamentals of Indirect Rates, is recommended before joining this session.

Learning objectives

  • To identify the need for the advanced indirect rates.
  • To identify the advantages of multiple indirect rates.
  • To get an overview of structuring multiple indirect rates.
  • To identify and list down the requirements for multiple indirect rates

About Presenter

Robert Jones, CPA, CPCM, NCMA Fellow

Government Contracts & Accounting Expert, Left Brain Professionals Inc.

robert@leftbrainpro.com

Award-winning speaker Robert E. Jones shows audiences how to navigate the constantly changing legal and regulatory landscape of government contracts. In his engaging and highly rated presentations, he shares insider secrets drawn from 15 years of DoD contract and accounting experience. His proactive, decisive approach to finding opportunities and solving problems is based on experience in managing more than $400 million in federal contracts.

Mr. Jones has experience with a wide variety of speaking engagements including emcee/moderator, seminars, training, chapter meetings, and conference presentations. He engages audiences with innovative approaches to contract profitability, accounting, compliance and related topics.

The West Virginia native earned a bachelor’s degree in accounting from the McColl School of Business at Queens University of Charlotte in North Carolina. He holds a master’s degree in accountancy from The Graduate School of the College of Charleston in South Carolina. He is a licensed CPA in the State of Ohio.


Left Brain Professionals is a boutique accounting firm serving the compliance needs of government contractors. We focus on accounting system design, implementation, and audit support. We help companies profit from federal contracts, prevent compliance headaches and resolve red-tape nightmares - assuring profitability and peace of mind. We offer expert consulting on strategic, long-term and day-to-day decisions regarding all aspects of government contracts compliance, accounting, cybersecurity and audits. We don't believe in cookie-cutter, one-size-fits-all solutions. We understand the needs of small businesses and work within your budget to devise cost-effective solutions.

Led by a CPA with over 15 years of federal audit experience. Left Brain Professionals has the expertise to guide you through the complex maze of federal regulations. Some of our support projects include indirect rate calculations, cost and pricing models, incurred cost proposals, and purchasing spend analysis. We focus on serving small businesses though we do have a few Fortune 500 clients and bring other large business expertise and best practices to all of our clients.

FAQ

  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.

Refund/Cancellation Policy

For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128

In case any of the course or live webinars gets cancelled we would be refunding you the entire amount (if paid).

Reviews

4.6
(76)
62%
32%
7%
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  • RG
    Russell Gardner , CMA
    Mar 24th 2020
    Thanks

NASBA Approved

MY-CPE LLC, 1600 Highway 6 South, Suite 250, Sugar Land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

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  • Cost FREE
  • CPE Credits 1.5
  • Subject Area Accounting (Governmental)
  • Course Level Basic
  • Instructional Method group internet based
  • Prerequisites None
  • Advanced Preparation None
  • Who should attend? Bookkeeper Accountant CFO/Controller Business Owner CPA (Industry) Senior Accountant Government Contractor Defense Contract Audit Agency(DCAA)
  • Handout Material Download

upcoming Live CPE Webinars

QuickBooks: Progress Invoicing and Job Costing
Tuesday, May 26, 2020 | 09:00 AM EDT View Details/Register
Managing Ethical Dilemmas for Texas CPAs
Tuesday, May 26, 2020 | 10:00 AM EDT View Details/Register
TAXATION OF PONZI CLAWBACKS & TAX REFUND FROM PONZI
Tuesday, May 26, 2020 | 11:00 AM EDT View Details/Register
Executive Overview of Leases (Topic 842): Exploring Both the Accounting & Tax Implications
Tuesday, May 26, 2020 | 11:30 AM EDT View Details/Register
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Tuesday, May 26, 2020 | 12:00 PM EDT View Details/Register
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Tuesday, May 26, 2020 | 01:00 PM EDT View Details/Register
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Tuesday, May 26, 2020 | 02:00 PM EDT View Details/Register
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Tuesday, May 26, 2020 | 02:00 PM EDT View Details/Register
Is It Deductible: Commonly Asked IRS Deductions
Tuesday, May 26, 2020 | 04:00 PM EDT View Details/Register
Year end tax update : FCCA 2020 & SECURE ACT. (Latest 2019)
Wednesday, May 27, 2020 | 09:00 AM EDT View Details/Register
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Wednesday, May 27, 2020 | 10:00 AM EDT View Details/Register
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Wednesday, May 27, 2020 | 10:00 AM EDT View Details/Register
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Wednesday, May 27, 2020 | 11:30 AM EDT View Details/Register
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Wednesday, May 27, 2020 | 12:00 PM EDT View Details/Register
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Wednesday, May 27, 2020 | 01:00 PM EDT View Details/Register