Government Contractor Accounting Training
GovCon Accounting Summit July 20-22, 2021

GovCon Accounting Summit

Configuring QuickBooks for DCAA Compliance

Pre-Conference Workshop

Instructor

Robert C. Smith, CPA
CEO & Founder, ICAT Systems

Session Summary

Learn how to apply federal contract cost accounting principles to a QuickBooks® accounting system in order to support government contracts and pass a DCAA accounting system review. In this workshop, we walk you step-by-step through proven methods for configuring QuickBooks Desktop to satisfy the requirements of Standard Form 1408, the Preaward Survey of a Prospective Contractor's Accounting System.

We also show you have to use an application like ICAT (Indirect Cost Allocation Tool) to satisfy the accounting system adequacy criteria that QuickBooks on its own cannot satisfy.

Learning Objectives

  • Demonstrate how to set up QuickBooks Desktop with ICAT for government contracting
  • Identify which criteria can and cannot be satisfied with QuickBooks
  • Compare options for the labor distribution system
  • Relate SF1408 requirements to specific configuration settings and reports

Instructional Delivery Method

Group Internet Based

Program Level

Basic

Recommended CPE Credits

4


This workshop is presented through the GovCon Accounting Summit hosted by Left Brain Professionals.
Encoursa LLC is the NASBA sponsor of the GovCon Accounting Summit.

For full details about the first annual GovCon Accounting Summit and its three days of educational sessions, including training policies, please visit the conference website: www.GovConAcct.com

Save with discount code ICAT2021