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Government Account: Developing Your First Cost & Price Proposal

4.6 (102)

Robert Jones, CPCM, CPA, NCMA

Left Brain Professionals Inc.

Tuesday, April 28, 2020 | 09:00 AM EDT

  • CPA

1.5 Credits

FREE

Subject Area

Accounting (Govt.)

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Course Description

Complex FAR regulations can be overwhelming, especially when submitting cost and price proposals to the government. Contracts subject to the submission of cost or pricing data, (flexibly-priced contracts), require an acceptable basis of estimate including hours and dollars by line item, time-phased to match the project schedule, and sufficient detail to support the effort proposed. 

This course will dive into the complexity of those details and show you how to maximize profit and ensure regulatory compliance by preparing an adequate basis of estimate for every contract, regardless of type, when developing your cost and price proposal.

This webinar will provide an overview of the types of contracts impacted by these regulations and review what's necessary when preparing a comprehensive cost and price proposal that maximizes profit and ensures regulatory compliance

Learning Objectives

  • To identify the elements of an adequate basis of estimate
  • To identify 3 regulatory limitations on profit or fee
  • To recall the purpose and calculation of weighted guidelines
  • To identify the various sources for escalation

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Accounting Practice Owners
  • Accounts Director
  • Bookkeeper
  • Business Owner
  • CFO/Controller
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Defense Contract Audit Agency(DCAA)
  • Government Contractor
  • Senior Accountant

Testimonial

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    [average] => 4.5882
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4.6

(102)
67%
29%
2%
0%
2%