FAR Introductory Training: Welcome to the FAR Side
Come with us on a journey to get “comfortable” with Part 31 of the Federal Acquisition Regulation (FAR) and government contract accounting. For this introductory training, Diana Strassmaier, CPA, CCIFP®, will cover the most common pitfalls, how to avoid them, and critical control areas. In this webinar, you’ll learn:
- What it means to comply with the FAR
- How financial information is presented under the FAR vs. under standards required for financial statements and tax returns
- Your role in supporting compliance
Diana will outline future trainings to help you become a true FAR aficionado, or at least a willing accomplice. Subsequent sessions will cover best practices for timekeeping and payroll, internal controls, chart of accounts, maintaining books and records, and being prepared for self-certifying your rate or having an audit.
Who should attend: accounting department staff, controller/CFO, and any staff needing a better understanding of the FAR
Level of understanding needed: basic
Tuesday, March 28, 2023
12:00 pm PDT
Diana Strassmaier, CPA, CCIFP®
Download the Presentation
Download the slides and learn the most common pitfalls of Part 31 of the Federal Acquisition Regulation (FAR) and government contract accounting, how to avoid them, and critical control areas.