Phase I Government Contract Accounting Training Course
Are you a SBIR/STTR Phase I awardee?
If so, we made this course specifically for you!
A lot of our clients have asked us,“What made you create this course?“ Our response has always been the same. We created this course because we saw a problem in the industry. We recognized that the majority of Phase I government contractors we worked with didn’t fully understand everything they needed to when it comes to having an adequate accounting system that is FAR compliant and DCAA compliant. We took all the knowledge we’ve gained from our years of experience in this field and created the SBIR Academy. Your one-stop-shop course on government contract accounting training. We refer to it as our personal government contract accounting for dummies guide.
What is the SBIR Academy?
The SBIR Academy is an online learning portal containing a series of training videos meant to help you understand the requirements of your accounting system for your Phase I Federal Award. This government contract accounting training course consists of three modules that each contain detailed training videos. Developed to prepare you for accurately tracking and accounting for your Phase I SBIR Award. Timekeeping Training, Chart of Accounts Training, and QuickBooks Training. Here’s a breakdown of everything included in the SBIR Academy…
What’s Included In The SBIR Academy?
Resources for Phase I Success
- DCAA-compliant QuickBooks chart of accounts
- QuickBooks tutorial file
- QuickBooks turn-key company file
- Sample timesheet template
- Phase II prep template
Chart of Accounts Training
- Introduction to your Phase I chart of accounts
- Direct Costs training
- Fringe Costs training
- Overhead Costs training
- G&A Costs training
- Unallowable Costs training
QuickBooks Training
- Setting up your company in QuickBooks
- Properly segregate costs by Customer:Job feature
- Budgeting for your award
- Payroll and Labor Distribution
- Purchase Orders and Vendor Bills
- Invoices
Timekeeping Training
- Understanding timekeeping
- Developing DCAA compliant time systems
- An in-depth example of an employee’s entire work week
Frequently Asked Questions
[rt_accordion_style][rt_accordion_style_item accordion_item_title=”Will this course work for me if I don’t have my award yet?”]Absolutely! If you’re waiting on your award, but know that you’ve won it, this course will assist you with knowing how to accurately track your federal award and have your accounting system be DCAA compliant. Knowing this information and having your accounting system be set up correctly from scratch will put you on the path to receive your Phase II.[/rt_accordion_style_item][rt_accordion_style_item accordion_item_title=”What’s exactly included when I purchase the SBIR Academy?”]Here’s a list of all the included resources that come with the SBIR Academy- DCAA-compliant QuickBooks chart of accounts
- QuickBooks tutorial file
- QuickBooks turn-key company file
- Sample timesheet template
- Phase II prep template
[/rt_accordion_style_item][rt_accordion_style_item accordion_item_title=”How long does it usually take to complete the entire course?”]The course should take no longer than 4 hours to complete, based on our experience with clients. The course can be done at your own pace, whether it be in one night or over a week.[/rt_accordion_style_item][rt_accordion_style_item accordion_item_title=”What if I finish the course and don’t want to handle the accounting all on my own?”]That’s completely fine! At ADC CPA we have a variety of DIY and Full Outsource Services, including Record & Bookkeeping, Reporting, Payroll and Budget Proposals. Call us for a quote![/rt_accordion_style_item][/rt_accordion_style]
