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AASHTO's New Uniform Audit and Accounting Guide: Understanding New State DOT Compensation and Audit Rules That Will Affect Your Bottom Line

Code: 12953-DL

List Price:  $0.00

List Price:  $299.00

Member Price:  $199.00

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AASHTO's New Uniform Audit and Accounting Guide
Understanding New State DOT Compensation and Audit Rules That Will Affect Your Bottom Line

Presented by: Jerry Jones Michigan DOT; David Bruce, FHWA; and Lynda Konomos, HNTB Companies
Recorded:      October 27, 2009
Length:          90 minutes

AASHTO is releasing a New Uniform Audit and Accounting Guide which the Federal Highway Administration (FHWA) plans to incorporate into future regulations, and that dramatically changes how engineering firms are compensated and audited. The new Audit Guide affects every A/E firm with DOT clients and will change how you do business.

After extensive collaboration with ACEC and FHWA, AASHTO has updated their Audit Guide to ensure compliance with the Federal Acquisition Regulation (FAR), improve audit consistency and quality, promote the recognition of a single Cognizant Audit and improve government oversight and overall guidance.

Participants get an in-depth overview of the new Guide, presented by senior state DOT, FHWA and industry representatives who discuss the major changes and new requirements, as well as how the new rules will be implemented and enforced going forward.

A must for every firm working for state DOT clients, this timely seminar covers such topics as:

  • New guidance and procedures for determining reasonable compensation
  • The creation of a National Compensation Matrix
  • Guidance on allowable and unallowable costs in your overhead
  • New CPA overhead audit and testing requirements, as well as guidance for hiring a qualified CPA firm
  • Requirements for establishing and demonstrating internal controls
  • Full implementation of Cognizant Audits
  • The Appeal Process: What to do if your State DOT client does not accept your Cognizant Audit, imposes state specific caps or does not follow the FAR

This product is available as a download document only.  At the end of your order, click the download link on the Order Confirmation screen.  You will download a PDF that contains instructions and a link to log in to this seminar. 


Product Details:
Author(s): David Bruce
Jones Jerry
Konomos Lynda

ISBN: --
Year Published: 2009

Number of Pages: 1
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