June 11, 2025 from 1:30-2:30 PM Eastern
Labor costs are the largest expense for engineering firms, and accurate timekeeping is non-negotiable. This online class will unpack the Federal Acquisition Regulations (FAR), DCAA’s Information for Contractors, and state DOT guidelines for timekeeping and labor cost distribution. Ensure your firm is audit-ready while optimizing labor tracking practices.
Learning Objectives:
- Understand the requirements of an adequate timekeeping system
- Explore the process of labor cost distribution
- Identify state-specific cost treatments affecting overhead rates
Presenter: Robert E. Jones, CPA, CPCM | Stambaugh Ness
*The recording for each part will be added to the class materials the following day.
Interested in attending the full series? Click here to register and save 10% on regular online class pricing. Small Firm Coalition members save 20%!
Can’t join us for the full series? Click below to register for one class.
- March 12 – Are You Ready for Coming Changes?
- April 30 – Accounting Systems for DBE Firms
- June 11 – Timekeeping & Labor Distribution for DBE Firms
- July 29 – Overhead Schedules & Unallowable Costs