Maximizing Profitability with Effective Budgeting
Format: Live webinar (on-demand recording available on June 17, 2021)
Duration: Approx. 90 minutes
Instructor: Robert Jones, Left Brain Professionals
Learning Credits: 1.5 CPEs, 0.75 ATC
APTAC BOK: C.12 Financial Controls
*Your registration includes access to the on-demand recording.
Accounting in Government contracting has its own unique and specialized rules, regulations, standards, problems, and hurdles. Compliant accounting systems that provide meaningful information require solid foundations built on principles, regulations, and industry best practices. Everything in Government contracting – negotiation, performance, termination, and more – requires that contractors follow specific accounting principles and standards. Moreover, dealing with the Federal Government can be difficult and complex. Unless a proper accounting system is in place, a contractor may face enormous difficulties, not the least of which is lost profits, lost contracts.
After taking this training, you will
- Know the basic principles and regulations for government contract accounting
- Understand why it is important to segregate direct and indirect costs
- Understand cost pools
- Be able to set up a basic govcon chart of accounts
Target Audience: Small business owners, accountants, contract managers
Meet Your Instructor:
Robert E. Jones, CPA, CPCM, NCMA Fellow
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 $30 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, Mr. Jones 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.