Brought to you by Maryland PTAC partner, Govology

Unallowable costs are a part of every organization, and most are legitimate business expenses incurred by the company. However, when they are not identified correctly, unallowable costs can pose problems for a business and have a negative impact on things like proposals, post awards, incurred cost audits, or even system adequacy reviews. Improving contract profitability and minimizing audit headaches can be as simple as understanding the differences between non-billable costs and unallowable costs. This course will dive into the concepts and principles of unallowable costs, discuss the common issues and regulations as well as share best practices for the treatment of unallowable costs. 

After taking this course, you will:

1. Become familiar with FAR 31 Cost Principles
2. Know common unallowable costs and related issues
3. Know best practices for the treatment of unallowable costs
4. Understand the impact of unallowable costs on indirect rates

Target Audience: Small business owners, accountants, contract managers

Robert E. Jones, CPA, CPCM, NCMA Fellow

Award-winning speaker, Robert E. Jones shows audiences how to navigate the constantly changing legal and regulatory landscape of government contracts. In his engaging and highly rated presentations, he shares insider secrets drawn from 15 years of DoD contract and accounting experience. His proactive, decisive approach to finding opportunities and solving problems is based on experience in managing more than $30 million in federal contracts.

Mr. Jones has experience with a wide variety of speaking engagements, including emcee/moderator, seminars, training, chapter meetings, and conference presentations. He engages audiences with innovative approaches to contract profitability, accounting, compliance, and related topics.

The West Virginia native, Mr. Jones earned a bachelor’s degree in accounting from the McColl School of Business at Queens University of Charlotte in North Carolina. He holds a master’s degree in accountancy from The Graduate School of the College of Charleston in South Carolina. He is a licensed CPA in the State of Ohio.