Description
This is a comprehensive session on indirect costs and equipment allocations and practical ways to account for these type of costs.
Learning Objectives:
- The importance of planning, forecasting and budgeting your costs
- The different types of costs — direct, indirect, equipment, selling and general and administrative — and how to account for each type under GAAP and FAR
- How accurate estimating and job costing fit into the construction circle
- The importance of knowing all your costs and developing meaningful indirect pools
- The importance of forecasting equipment costs to develop accurate estimating and costing
- The practical way to account for equipment fleets
- The nuts and bolts of shop costs, budgets and allocations
Speaker(s):
- Robert
Biehl,
CPA, CCIFP,
Director of Construction Industry Services,
GBQ Partners LLC