Thompson Government Contracting

Turn Your Accounting System into an Asset for Winning and Managing Business with the Federal Government

Webinar • Wednesday, August 30, 2017 • 1:00-2:30 p.m. ET 

Webinar Details

Subject: Government Contracting

Prerequisites: None

Program Knowledge Level: Basic

Advanced Preparation: None

Government cost-reimbursement awards can be very profitable for contractors, but you can only apply for them if your accounting system qualifies as “adequate.” That is why it is critical to understand how adequate is defined and the technical hurdles your system must clear to comply.

Unfortunately, many prime and subcontractors don’t understand. They fail to set appropriate parameters for how costs are determined “allowable,” and how they are accumulated, allocated and accounted for. Even if they do all of that correctly, contractors often fail to gather the documentation to prove their accounting systems are properly maintained.

Why let obstacles like these keep you out of the running for lucrative government business? Here’s the expert guidance you need to pass the Pre-Award Survey of Prospective Contractor Accounting System Review!

Register now for Turn Your Accounting System into an Asset for Winning and Managing Business with the Federal Government.

In this 90-minute webinar, two Aronson government contracting specialists show you how to achieve an “adequate” accounting system that clears the way for you to receive cost-reimbursable contract awards.  From timekeeping to segregating direct and indirect costs, Aisha Mian and La-Tasha Patel explain the technical aspects of how to bring your system into compliance with Standard Form 1408.

Turning compliance into a competitive edge.  You will also learn what to do once your system passes review, including how to use your fully compliant account system to compete for additional cost-type prime and subcontracts—and win.  Plus, you will have the chance to ask your own questions during the Q&A portion of the webinar.

Reserve your space now for expert guidance on giving your magazines and newsletters a strategic makeover, including how to:

  • What does and doesn’t qualify as an adequate accounting system
  • How the process for receiving “adequate” status works for prime contractors and the government
  • Understand what it takes to comply with each requirement of Standard Form 1408
  • Challenges government contractors face during the accounting system review process
  • How to use your adequate accounting system to win new—and follow-on—government work

Remember, if your accounting system isn’t “adequate,” you aren’t eligible for cost-reimbursement government contracts. Don’t miss out! Take this opportunity to help your own system sail through reviews.

Register now for Turn Your Accounting System into an Asset for Winning and Managing Business with the Federal Government.

Aisha N. Mian
Aisha N. Mian is a managing consultant in Aronson LLC’s Government Contract Services Group. She has more than eight years of experience in the government contracting industry, with expertise in both project control and financial compliance. Her professional skills include contract/project financial analysis and various areas of financial compliance, including preparation of incurred cost submissions; support in evaluating, preparing and advising appropriate indirect rate structures; preparation of disclosure statements; and analysis and impact of cost accounting standards (CAS). She has also worked alongside in-house DCAA auditors supporting audits for incurred cost submissions during her time in the industry. Aisha has been a guest speaker on financial and government contracting topics at the GWSCPA Government Contracting Conference and has hosted Aronson LLC webinars related to government contracting topics. She earned her bachelor’s degree in finance from George Mason University and her MBA from the Robert H. Smith School at the University of Maryland College Park.

La-Tasha S.R. Patel, CPA


La-Tasha Patel, CPA is a managing consultant in Aron­son LLC’s Government Contract Services Group. With more than eight years of experience in the government contracting industry, she focuses on cost accounting standards (CAS), business systems, federal acquisition regulation (FAR), and audit support.

Throughout her career, La-Tasha has served the government contracting community in several capacities, using her in-depth knowledge of accounting areas related to business combinations, revenue recognition, consolidations, GAAP, internal control systems, financial reporting and analysis, financial risk, indirect rates and account reconciliation.  This diverse knowledge gives her the ability to perform an analysis with an understanding of the motivation of the stakeholder from each sector. As a result, La-Tasha is adept at providing practical solutions that achieve positive results for her clients.

La-Tasha is a motivated mentor and teacher, committed to sharing her knowledge with peers and helping her clients rethink their business strategies to achieve their goals.

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