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Sept 13, 2011

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I am pleased to announce that
Rich Wilkinson of Watkins Meegan LLC will present the topic, "Excessive
Pass-Through Costs" at the September 13th IMA Government Contractor
Breakfast. The presentation summary is as follows:
The directive to limit allowability of G&A and profit (pass through costs)
on subcontracts is more than two years old, but DCAA issued new audit
guidance on the issue just this summer. And, while the guidance will make
G&A and profit unbillable on some contracts, it will still be an allocable
cost. This will create a significant exposure for some contracts with large
subcontracts and even more for contractors using the value added G&A base.
Come and learn how you might be affected and how to limit the exposure.
Please find the speaker bio here:
http://www.watkinsmeegan.com/aboutus/people/pages/RichWilkinson.aspx
Please plan to attend the IMA/GWSCPA Current Issues In Government
Contracting Seminar on 27Oct11. Register at
http://www.imanationscapital.org/seminar for early bird savings.
Please mark your calendars for these upcoming breakfasts as well. Please let
me know what topics you would like to see presented in the next season, or
if you have a speaker recommendation.
8-Nov-11
10-Jan-12
13-Mar-12
8-May-12
10-Jul-12
Time: Doors open at 7:00 AM, Speaker starts at 8:00 AM, done by 9:00 AM.
Location: Tysons Westpark Hotel, 8401 Westpark Drive, McLean, VA. Please
check the display case in the lobby displaying our room.
Hotel info:
http://www.vfmii.com/exc/aspquery?command=invoke&ipid=BW09103&ids=42470
Price: $20 cash or check at the door
Benefits: 1 hour of CPE, along with a buffet breakfast of eggs, sausage,
grilled potatoes, fruit, breads, and coffee
Reservations: Send an e-mail to
ima_ncc_govt@yahoogroups.com. We no longer have a phone hotline. We
appreciate advance reservations, as they help us ensure that the room size
is adequate.
IMA Government Contractor Breakfast Yahoo Group:
http://finance.groups.yahoo.com/group/ima_ncc_govt - Read all about us
here!
Regards,
Bill
William O. Maxwell, CPA
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