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Key Changes to the AASHTO Audit Guide: What They Mean for Your Firm

Code: 13976-DL

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List Price:  $299.00

Member Price:  $199.00

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The American Association of State Highway and Transportation Officials (AASHTO) has published a newly revised version of its Uniform Audit & Accounting Guide for audits of A/E firms. State DOTs will be relying on the revised Guide as a tool for auditing and reporting procedures for A/E firms and their CPAs, including compliance with the Federal Acquisition Regulation. 

Join Wayne Owens and Anthony Machi, members of the ACEC task force who reviewed and provided industry input on Guide modifications, to gain key insights into changes in the areas of:

  • Compensation review and elements of compensation
  • Treatment of the different types of bonus and incentive plans
  • State and local cost principles
  • Cost accounting for labor allocation methods
  • Field office rates

You'll also review modifications to selected areas of cost (including selling costs, rent/lease costs, travel expenses, and legal costs). and examine how these changes could affect your firm accounting and reporting practices and areas of potential risk.

Familiarity with the Audit Guide is essential for any firm who contracts with state and local transportation agencies, and CPAs performing audits for A/E firms.

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Year Published: 2016

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