Exploring Unallowable Costs
May 23, 2023
Unallowable costs have long been a prime target for Defense Contract Audit Agency (DCAA) auditors. Proper identification and segregation of unallowable costs is a key criterion of an adequate accounting system. Failure to properly segregate such costs may result in penalties. Join us for an informative webinar as we provide guidance to help contractors segregate associated unallowable costs and maintain appropriate documentation.
Topics will include:
- FAR Cost Principles & Unallowable Costs
- Directly Associated Unallowable Costs
- Best Practices to Identify & Segregate Unallowable Costs
- Penalties for Unallowable Costs
- Recent DCAA Guidance for FAR Part 31
- Grey areas of Unallowable Costs
Learning Objectives
Upon completion of this program, participants will be able to:
- Apply an understanding of unallowable costs with a focus on cost elements frequently questioned by government auditors
Presenters
Adam So, Brad Tress