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Recorded Webinars

Advanced Issues in the Development of Overhead Rates

Includes an associated quiz and certification document
Price: $199

In this 2-hour pre-recorded webinar, instructor Dan Purvine will examine challenging issues encountered in the development of A/E firm overhead rates.  Whether you work for an A/E firm, a CPA firm, or a public agency, you will gain important insights into how to address these difficult issues.  Dan will cover areas such as advanced issues in labor costing, uncompensated overtime, and recently developed changes to the AASHTO Audit Guide in those areas.  Topics will include a walkthrough of examples of best practices for bonus plans and executive compensation.  Dan will discuss proper methods for the treatment of vehicle costs and requirements for documentation of costs to support FAR allowability. The webinar will be followed by a 10 question quiz that must be passed at a 70% rate for a Certificate of Completion.

Who will benefit: A/E firms developing an overhead rate, whether audited or not, CPA firms performing overhead rate audits of A/E firms, and public agency audit staff

Hours of CPE credit: 2

Advanced Issues in the Review and Auditing of A/E Firm Overhead Rates

Includes an associated quiz and certification document
Price: $199

Don’t miss this web-based training in which instructor Dan Purvine will examine advanced issues in the review and auditing of A/E firm overhead rates.  Topics covered will include risk assessment and testing procedures for both A/E firms and CPA firms.  Dan will discuss the use of sampling, testing of labor system controls, and establishing an effective and efficient audit plan.  He will also explain how to approach the auditing of executive compensation through a logical, systematic process.   Dan will provide guidance on the testing of common high risk cost areas and how to meet AASHTO Audit Guide recommended testing procedures while performing an efficient audit.  The webinar will include a more in-depth review of some of the challenging questions asked in previous webinars.   

Who will benefit: A/E firms developing an overhead rate, whether audited or not, CPA firms performing overhead rate audits of A/E firms, and public agency audit staff

Hours of CPE credit: 2

Price: $199 

Analyzing Compensation - A Step-by-Step Approach Using the National Compensation Matrix

Includes an associated quiz and certification document
Price: $199

Don’t miss this web-based training in which instructor Dan Purvine will provide the valuable insight into the FAR rules for allowability and reasonableness of compensation costs that you need to prepare for your next overhead audit. 

Topics covered will include:

  • establishing and documenting compensation system policies and procedures
  • compensation allowability
  • key risk areas

Dan will discuss how to identify unallowable costs and how to document your bonus plan to support allowability.  He will also walk participants through the process of analyzing compensation for reasonableness using the National Compensation Matrix, or NCM, and recommended disclosures to include in your audit report.  Examples of compensation and bonus policies will be provided. Compensation is one of the areas most often challenged by state DOTs.

A 10 question quiz will preceed the training, which must be passed at a 70% rate or higher to earn the CPE credit. Once the video has been downloaded, the training will be available for five days.

Hours of CPE credit: 2

Critical FAR Issues: Labor Costs

Includes an associated quiz and certification document
Price: $199

Join us for this 2-hour web-based training where instructor Dan Purvine will highlight critical FAR issues related to labor costs that you need to address to prepare your overhead rate and support your state DOT and local agency contracting efforts.  Dan will cover challenging areas such as timekeeping requirements and the treatment of uncompensated overtime.  Topics will include best practices for bonus plans and other selected forms of compensation, proposed changes to the AASHTO Audit Guide in the labor cost area, and the evaluation of compensation reasonableness, including the effects of the new statutory compensation limit.  Dan will discuss the application of direct salary rate caps on DOT contracts, and the acceptable methods for treatment of overtime premium. 

A 10 question quiz will preceed the training, which must be passed at a 70% rate or higher to earn the CPE credit. Once the video has been downloaded, the training will be available for five days.

Who will benefit: A/E firms developing an overhead rate, whether audited or not, and CPA firms performing overhead rate audits of A/E firms

Hours of CPE credit: 2

Price: $199 

Critical FAR Issues: Non-Labor Costs

Includes an associated quiz and certification document
Price: $199

Don’t miss this web-based training in which instructor Dan Purvine will examine critical FAR issues related to non-labor costs that you need to understand to prepare your overhead rate.

Topics covered will include determining the proper classification of direct and indirect costs, and the development of home and field overhead rates. Dan will discuss the treatment of vehicle costs, and the proper classification of marketing and business development costs. He will also explain how to facilitate the DOT review and approval process, including the procedures to obtain a cognizant audit. Dan will provide guidance on how to document meal and travel costs to achieve maximum FAR allowability, and an overview of proposed changes to the AASHTO Audit Guide in the non-labor cost area. 

A 10 question quiz will preceed the training, which must be passed at a 70% rate or higher to earn the CPE credit. Once the video has been downloaded, the training will be available for five days.

Who will benefit: A/E firms developing an overhead rate, whether audited or not, and CPA firms performing overhead rate audits of A/E firms

Hours of CPE credit: 2

Price: $199 

Effective Audit Testing in an Indirect Cost Rate Audit

Includes an associated quiz and certification document
Price: $199

In this pre-recorded, web-based training, Dan Purvine will provide valuable insight into substantive testing procedures to be performed in an indirect cost rate audit. 

Topics covered will include:

  • identification of high risk accounts
  • stratification of large dollar or sensitive transactions
  • appropriate testing for non-high risk accounts

Dan will discuss the proper use of analytical procedures, and methods that may be used for audit sampling.  He will also discuss the evaluation of testing results, and recommended audit documentation to meet the requirements of the AASHTO Audit Guide CPA Workpaper Review Program and state DOT expectations.  Proper application of these recommended testing procedures is critical to acceptance of the audit report.

A 10 question quiz will preceed the training, which must be passed at a 70% rate or higher to earn the CPE credit. Once the video has been downloaded, the training will be available for five days.

Hours of CPE Credit: 2

 

Enhancing Quality - Part 2: Auditing A/E Firm Overhead Rates

Includes an associated quiz and certification document
Price: $199

Don’t miss this web-based training in which instructor Dan Purvine will describe methods that A/E firms and CPA firms can use to enhance the quality of A/E firm overhead rate audits and facilitate an easier state DOT review process.  Topics to be covered will include essential audit planning activities for CPA firms, and actions that A/E firms should take before year-end in preparation for the audit.  Dan will explain how to plan the overhead audit to effectively address risk areas, and recommended testing procedures for allowability of costs.  He will discuss the current state of practice for key risk areas such as compensation, bonuses, and vehicle costs, as well as evaluation of A/E firm internal controls.   Dan will provide insights into the state DOT review process and documentation you should be prepared to submit in support of state DOT reviews.  

Who will benefit: A/E firms developing an overhead rate, whether audited or not, CPA firms performing overhead rate audits of A/E firms, and public agency audit staff

Hours of CPE credit: 2

Price: $199

Enhancing Quality – Part 1: Developing A/E Firm Overhead Rates

Includes an associated quiz and certification document
Price: $199

In this 2-hour web-based training, instructor Dan Purvine discusses the important issues that A/E firms need to address in the development of their overhead rate, as well as actions that firms can take to enhance the quality of their overhead rate and supporting documentation, to help them avoid issues in the state DOT review process.  Whether you work for an A/E firm, a CPA firm, or a public agency, this course will provide valuable insights into these important issues.  Dan will address topics such as key factors and decisions affecting your overhead rate, policies and procedures you need to have in place, and how to minimize year-end audit adjustments.  He will describe how to establish a model to predict your overhead rate, high risk areas for special attention, and common costs questioned in state DOT reviews.  The webinar will be followed by a 10 question quiz that must be passed at a 70% rate for a Certificate of Completion.

Who will benefit: A/E firms developing an overhead rate, whether audited or not, CPA firms performing overhead rate audits of A/E firms, and public agency audit staff

Hours of CPE credit: 2

 

FAR Part 31 - A Closer Look at Cost Allowability

Includes an associated quiz and certification document
Price: $199

Don’t miss this 2 hour web-based training in which instructor Dan Purvine will provide a more detailed examination of FAR Part 31 requirements for cost allowability applicable to the development of A/E firm overhead rates.  Topics covered will include the key cost principles of FAR Part 31 that provide the fundamental basis for both A/E firms and CPA firms to evaluate costs.  Dan will discuss how to determine cost allowability and reasonableness of many types of costs incurred by A/E firms, as well as the common interpretations of FAR requirements.  He will also explain how to plan and perform audit procedures to properly address the most important issues related to cost allowability.   

Dan will provide insight into AASHTO Audit Guide requirements and state DOT expectations regarding documentation of costs to support allowability.  Materials including slides and example spreadsheets are provided. The webinar will be followed by a 10 question quiz that must be passed at a 70% rate for a Certificate of Completion.

Who will benefit: A/E firms developing an overhead rate, whether audited or not, CPA firms performing overhead rate audits of A/E firms, and public agency audit staff

Hours of CPE credit: 2

Fundamentals of FAR Compliance

Includes an associated quiz and certification document
Price: $149

Don’t miss this recorded, web-based training where A/E Clarity President and instructor Dan Purvine will cover the fundamental requirements of FAR Part 31 and related regulations and guidance that you must meet in order to contract with state DOTs and local agencies. 

Course topics will include: 

  • an overview of the FAR key cost principles
  • development of indirect cost rate schedules
  • segregation of allowable and unallowable costs

Dan will also discuss proper recording of direct and indirect costs, and critical internal controls that you need to support your FAR compliance and government contracting efforts.  The course will include a list of important steps that you can take to improve your systems and controls in 2014.  

A 10 question quiz will preceed the training, which must be passed at a 70% rate or higher to earn the CPE credit. Once the video has been downloaded, the training will be available for five days.

Hours of CPE Credit: 1.5

Preparing for Year End - Critical Steps to Achieve FAR Compliance

Includes an associated quiz and certification document
Price: $199

In this two hour, web-based training, instructor Dan Purvine will highlight key steps you can take to prepare for your upcoming 2013 overhead audit and reduce the stress of the state DOT review process.  Dan will cover high risk areas and how to address critical issues to avoid audit findings by state DOTs. 

Topics covered will include:

  • important developments in the areas of state DOT indirect cost rate audits and contracting
  • including an explanation of the FHWA Safe Harbor Rate test project
  • proposed changes to the AASHTO Audit Guide and updates to the National Compensation Matrix. 

Dan will provide an overview of the state DOT risk assessment checklist, and key areas to focus on as you prepare for year-end.  

A 10 question quiz will preceed the training, which must be passed at a 70% rate or higher to earn the CPE credit. Once the video has been downloaded, the training will be available for five days. 

Hours of CPE credit: 2

Risk-Based Audit Planning for Indirect Cost Rate Audits

Includes an associated quiz and certification document
Price: $199

In this 2-hour web-based training, instructor Dan Purvine will explain the critical steps in planning a risk-based indirect cost rate audit.  Dan will cover key risk areas and how to perform an effective risk assessment, as well as factors that affect the audit scope. 

Topics covered will include:

  • development of an audit sampling plan
  • an overview of the testing framework prescribed in the AASHTO Audit Guide

Dan will also discuss identification of high risk accounts and important materiality considerations for indirect cost rate audits.  The session will include a discussion of best practices to achieve an audit that is both effective and efficient. 

A 10 question quiz will preceed the training, which must be passed at a 70% rate or higher to earn the CPE credit. Once the video has been downloaded, the training will be available for five days.

Hours of CPE credit: 2

The 2016 AASHTO Audit Guide and Key Risk Areas for A/E Firm Overhead Rates

Includes an associated quiz and certification document
Price: $199

Includes an associated quiz and certification document.

Join us for this 2-hour web-based training where instructor Dan Purvine will examine the changes in the 2016 AASHTO Audit Guide and key risk areas in the development of A/E firm overhead rates.  Whether you work for an A/E firm, a CPA firm, or a public agency, this course will provide valuable insights into these important issues.  Dan will cover subjects such as Audit Guide changes in the areas of labor costing, compensation, allowable costs, and audit procedures for overhead rate audits.  Topics will include key risk areas that you should address in developing your overhead rate or performing overhead rate audits.  Dan will discuss how to establish a FAR compliance system and what policies and procedures you should implement to support the allowability of costs and to meet state DOT expectations.  Time will be provided for Q&A, so bring your questions!

Who will benefit: A/E firms developing an overhead rate, whether audited or not, CPA firms performing overhead rate audits of A/E firms, and public agency audit staff

Hours of CPE credit: 2

Products

Supporting a Successful Overhead Rate Audit in 2018

12/21/2017 - 8:09am

Today's blog is geared toward audit clients of D. L. Purvine, CPA, PLLC. We'd like to take the opportunity to bring you information on current events and ideas that will help you to better understand FAR, improve your processes, and be more prepared for a smooth overhead rate audit.  If there are topics that you would like to see highlighted in future issues, please let us know!

The DOT Overhead Rate Review Process

09/05/2017 - 1:05pm

If your firm has a calendar year-end, you’ve probably recently received approval of your overhead rate from the DOTs who are responsible for reviewing your rate.