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GovCon Accounting Policies and Procedures

Details

Date:
September 15
Time:
11:00 am - 12:30 pm
Event Category:
Website:
https://govology.com/events/govcon-accounting-policies-and-procedures/

Venue

Webinar
UT United States

Organizer

Utah Procurement Technical Assistance Center
Phone:
801-231-9402
Email:
ptac@utah.gov
Website:
https://business.utah.gov/ptac/

To attend for free, obtain your “guest code” from your PTAC Regional Manager.

 

Duration: Approx. 90 minutes
Instructor: Robert Jones, Left Brain Professionals
NCMA Certifications: 1.5 CPEs
APTAC Certifications: 0.75 ATC (pending)
APTAC BOK: C.12 Financial Controls

One of the fundamental requirements of an accounting system is documented policies and procedures, which are used in establishing and maintaining an organization’s internal controls, accounting, and reporting. The policies and procedures should capture how things are done, serving as an important tool for clarifying roles, responsibilities, and ensuring accurate financial data is used for decision making.

This webinar will focus on the purpose of having written (well-documented) policies and processes that serve as a basic framework and the importance of these procedures being consistently executed by all users of the system to promote operational efficiency and governance.

After completing this training, you will

Understand the importance of policies and procedures
Know common policies and procedures reviewed by govcon auditors
Understand the difference between formal and informal documentation methodologies
Discover ways to maintain adequate policies and procedures

Target Audience: accountants, bookkeepers, business owners, CFO/controllers, CPAs, and government contractors