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GovCon Accounting Policies & Procedures

Robert Jones, CPCM, CPA, NCMA

Left Brain Professionals Inc.

Tuesday, July 21, 2020 | 01:00 PM EDT

  • CPA

Course Description

One of the fundamental requirements of an accounting system is documented policies and procedures which are used in establishing and maintaining an organizations internal controls, accounting and reporting.  The policies and procedures should capture how things are done, serving as an important tool for clarifying roles, responsibilities and ensuring accurate financial data is used for decision making. This webinar will focus on the purpose of having written (well-documented) policies and processes that serve as a basic framework and the importance of these procedures being consistently executed by all users of the system to promote operational efficiency and governance.

Learning Objectives

  • Describe the importance of policies and procedures
  • List common policies and procedures reviewed by govcon auditors
  • Compare formal and informal documentation methodologies
  • Specify ways to maintain adequate policies and procedures

Who Should Attend?

  • Accountant
  • Bookkeeper
  • Business Owner
  • CFO/Controller
  • CPA (Industry)
  • Defense Contract Audit Agency(DCAA)
  • Government Contractor
  • Senior Accountant