Date and Time
Tuesday Oct 31, 2023
8:30 AM - 4:30 PM EDT
Location
Wells Fargo Building
150 Fayetteville St.
13th Floor Large Conference Room
Raleigh, NC 27601
Fees/Admission
$350.00
Space is on a first-come / first-serve basis and is limited to ACEC/NC member firms and NCDOT personnel only.
We request a two-person limit per firm to allow as many as desire to attend.
No refunds will be given for cancellations or no shows.
Contact Information
James Smith
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FAR Training - Key Issues in A/E Firm...
Description
Join us for this fast-paced course where instructor Dan Purvine of A/E Clarity will cover key issues you need to know to develop a FAR compliant overhead rate for your A/E firm or to perform successful audits or reviews of A/E firm overhead rates.
This one-day course uses a hands-on, solutions-based approach to examine some of the most challenging issues faced by A/E firms, CPA firms, and state DOTs in developing, auditing, or reviewing A/E firm overhead rates.
Topics will include key risk areas for labor and compensation costs as well as a discussion of FAR Part 31 requirements for allowability of costs. The course will include a review of examples illustrating a process to evaluate risk areas related to an A/E firm’s overhead rate and important pitfalls to avoid in developing overhead rates and related disclosures.
The course includes a discussion of typical areas addressed in the state DOT review process and important procedures and internal controls that A/E firms should have in place to facilitate the review process and approval of their submitted overhead rate.
This course will be beneficial to A/E firms, CPA firms, and state DOT personnel who are involved in developing or auditing overhead rates or maintaining internal controls and systems that support the development of such rates.