Timekeeping for Government Contractors


Course participants will learn regulatory requirements and expectations related to timekeeping/labor reporting. Additionally, this overview serves as a guide through specific FAR and CAS regulations as well as best practices for labor compliance. This course guides the participant through writing policies and procedures, an overview on labor laws and acts, timekeeping roles and compensation requirements, labor accounting methods, and how to prepare employees for audits. The seminar is beneficial to company personnel who are new to government contracting and want to assist their workforce into a world of labor compliance. Learn about the government audit programs for timekeeping and what takes place when the government auditors conduct unannounced floor check interviews. Also, understanding the government internal control audit plan and ways to re-mediate non-compliance will be covered during this course.

This course may also be eligible for the following credits through The Public Contracting Institute:

  • 6.5 CLEs
  • 6.5 CLPs

If CLE credits are needed, the request along with the jurisdiction must be received before the start of the training.

This course is eligible for 7.8 CPEs.

George Mason University Continuing and Professional Education (formerly George Mason University Executive and Professional Education) is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417.

+ Features

  • Understand regulatory requirements and expectations related to recording labor hours and the related billed cost.
  • Outline acceptable company policy and procedures for timekeeping.
  • What key business systems labor entry affects.
  • Employee responsibilities and manager roles and expectations when validating/signing off time cards.
  • Know when to perform and document internal labor audits; what happens in a unannounced floor check.
  • Develop internal control labor audit plans.
  • Understanding the differences between manual versus system automated time cards.
  • Know how to identify non-compliance factors and issues; dealing with false claims and writing/following a remediation plan for corrective action.

+ Requirements

100% attendance and participation are expected from participants.

+ Designed For

This course is designed for early to mid-career government contractors seeking to enhance their professional knowledge and skills. For seasoned contractors, this course also serves as a refresher on current industry best practices.

Applies Towards the Following Certificates

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Section Title
CFG 0432 - Timekeeping for Government Contractors
W, Th
10:00AM to 1:15PM
Sep 13, 2023 to Sep 14, 2023
Schedule and Location
Contact Hours
  • Online
Delivery Options
Course Fee(s)
Course Fee non-credit $498.00
Section Notes
Course Registration Deadline: September 13, 2023
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