Overview

This FREE webinar will offer attendees an overview of timekeeping requirements for government contractors and how timekeeping supports labor distribution, billing, and audit readiness. The session will address when timekeeping is required, key DCAA expectations, and how timekeeping data supports contract performance and proposal pricing. Attendees will gain clarity on how to evaluate systems, processes, and controls to support compliance and accurate reporting.

Learning Objectives

At the completion of this one-hour webinar, participants will be able to:

  • Assess when timekeeping is required based on contract type and accounting system expectations.
  • Identify key DCAA requirements related to timekeeping and labor distribution.
  • Evaluate risks associated with inadequate timekeeping practices and unsupported labor costs.
  • Distinguish between system functionality and the policies and controls required for compliance.

Program Content

During the webinar, our faculty will discuss the following topics:

  • Timekeeping scenarios and when timekeeping is required
  • Regulatory requirements for timekeeping under FAR and DCAA guidance
  • Labor distribution concepts, including direct and indirect labor
  • Outputs and reporting supported by timekeeping systems
  • Risks and implications of inadequate timekeeping practices
  • Overview of timekeeping system options and key considerations

About Redstone GCI

RGCI enables contractors doing business with the U.S. government to comply with the complex and challenging procurement regulatory provisions and contract requirements by providing superior cost, pricing, accounting, and contracts administration consulting expertise to clients expeditiously, efficiently, and within customer expectations. Our consulting expertise and experience is unparalleled in understanding unique challenges of government contractors, our operating procedures are crafted and monitored to ensure rock-solid compliance, and our company’s charter and implementing policies are designed to continuously meet needs of clients while fostering a long-term partnership with each client through pro-active communication with our clients.

For more information, contact:

training@RedstoneGCI.com
256-704-9811

Redstone Government Consulting, Inc.
501 Madison Street SE, Suite 100
Huntsville, AL  35801
Website: www.redstonegci.com