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Attention Firms that Contract with State DOT Clients:

The American Association of State Highway and Transportation Officials (AASHTO) released its 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.

The American Council of Engineering Companies (ACEC) will offer Key Changes to the AASHTO Audit Guide: What It Means for Your Firm, a webinar led by members of the ACEC task force who reviewed and provided industry input on the modifications.  This session, to be held 1:30 p.m. – 3:00 p.m. Tuesday, March 8, will provide essential insights into how the changes will impact firms that work for State DOT clients. Such as:

• 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

Who should attend?

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.

Click here for registration information.

Tags: AASHTO, ACEC, American Association of State Highway and Transportation Officials, American Council of Engineering Companies, Audit Guide, Webinar

This entry was posted on Thursday, March 3rd, 2016 at 12:25 pm and is filed under Funding, National, Policy, The Infra Blog . You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.