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Webinar: Navigating Through the Complexity of FAR Overhead Rates and Audits

October 22, 2019 2:00 pm — 3:15 pm
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Performing services for governmental clients can be a profitable opportunity for A/E firms if you understand the complexities of working with these entities. One such complexity is the requirement of determining an overhead rate in accordance with the Federal Acquisition Regulation (FAR), as well as the potential for an overhead audit.  While the compliance can be intimidating, with a thorough understanding of the FAR overhead rates and the American Association of State Highway and Transportation Officials (AASHTO) Uniform Audit & Accounting Guide, your firm can be competitive and profitable.

In this webinar, we will:

  • Provide you with a basic understanding of the requirements for calculating your firm’s FAR overhead rate;
  • Offer tips for maximizing your allowable FAR overhead rate;
  • Discuss how to use the FAR overhead rate to most effectively negotiate government contracts; and
  • Outline the fundamentals of an overhead rate audit.

Plus, we will cover the most recent AASHTO guide and review important steps in preparing for a FAR audit.

This webinar will begin at 2:00 pm EDT and is offered at no charge.

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Featured Presenters

Charla A. Roth, CPA, CDA, is a partner at Dannible & McKee, LLP and has over 15 years of experience providing audit, accounting and consulting services for a variety of clients. She specializes in working with architectural and engineering firms, and has extensive experience performing Federal Acquisition Regulation (FAR) overhead audits. Charla also has proficient knowledge in numerous accounting software packages including Axium Ajera, Deltek Vision, Clearview, QuickBooks and more.

Victor W. Vaccaro, Jr., CPA/ABV, CFF, CDA, is a partner at Dannible & McKee, LLP and has more than 28 years of experience providing auditing, accounting and consulting services. Vic specializes in working with architectural and engineering firms and manufacturing companies. His areas of expertise include Federal Acquisition Regulation (FAR) overhead audits, business valuations and forensic accounting. In addition, he focuses on consulting engagements designed to enhance the profitability of his clients, including implementation of performance management techniques, activity-based costing projects, customer profitability analysis, improved budgeting and strategic planning initiatives.