TMG’s Expertise and Scalability Provide Solution for Evolving Companies

TMG’s Expertise and Scalability Provide Optimal Solution for Evolving Companies

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TMG's Refreshed Online Presence Brings an Energetic Theme and Attention to Valued Training Services

TMG Provides Three New Clients with Scalable Accounting Solutions

Gaithersburg, MD – The McKelvey Group, Inc. (TMG) is proud to announce the addition of three new cli...

TMG Strengthens Pricing Capabilities by Expanding Senior Staff

Added Team Members and New VP of Pricing Provides Clients with Greater Access to Senior-Level Consul...

TMG’s Government Pricing Expertise Plays Role in VetFed’s Exponential Growth

TMG's Pricing Proposal and Accounting Support Results in Over 260% Total Revenue Growth Over 7 Years

The McKelvey Group’s Valuation Practice Sees a Rise In Demand

Increased Interest for Succession Planning Brings Opportunities for Business Valuations

TMG’s Accounting Practice Encourages Proactive Planning for Year-End

Preparing for Year-End Will Help Realize Bottom-Line Benefits

The Importance of an RFP Review in Contracting
Increase Your Win Probability Via Your Program Management Office

All contractors face similar issues running and managing their Program Management Office (PMO), but few contractors propose tools and systems as a part of their PMO strategy because they believe these add unnecessary costs. In conjunction with Federal Publications Seminars, this webinar discusses how this type of logic is decreasing your win probability. Learn how the right tools and taking the time to establish systems can reduce the overall cost of running your PMO and increase your chance of winning that next reward.

Cost Accounting Standards – CAS 416 and 417 – 2019

In conjunction with Federal Publications Seminars, this webinar will cover CAS 416 and 417 which includes the subjects of: accounting for insurance costs (416), and cost of money as an element of the cost of capital assets under construction (417). Learning objectives include:

  • Government requirements around insurance costs
  • How Facilities Capital Cost of Money (FCCM) is applied for capital assets under construction
  • How to calculate project losses and administrative expenses
  • How to allocate the cost of insurance to the appropriate accounting periods
  • How to calculate FCCM for both tangible and intangible capital being constructed, fabricated, or developed for a contractor's own use

Cost Accounting Standards – CAS 414 and 415 – 2019

Cost Accounting Standards - CAS 414 and 415 – 2019 In conjunction with Federal Publications Seminars, this webinar will cover CAS 414 and 415 which includes the following: cost of money as an element of the cost of facilities capital (414), and accounting for the cost of deferred compensation (415). Learning objectives include:

  • Understanding Facilities Capital Cost of Money (FCCM) and how it is utilized
  • Government requirements around deferred compensation
  • How to calculate and apply FCCM
  • How to calculate the cost of deferred compensation and assign it to the appropriate cost accounting periods

Cost Accounting Standards – CAS 412 and 413 – 2019

In conjunction with Federal Publications Seminars, this webinar will cover CAS 412 and 413 which includes: composition and measurement of pension cost (412); and adjustment and allocation of pension cost (413). Learning objectives include:

  • Understanding the composition and measurement of pension costs, and the adjustment and allocation of pension costs
  • How to address the four components of defined-benefit plan costs: normal cost, part of any unfunded actuarial liability, interest equivalent on unamortized portion of liability, and adjustment for actuarial loss or gains
  • How the cost of the net contribution is calculated for defined-contribution plans
  • How to calculate actuarial gains and losses
  • How to assign the cost accounting period(s) for which the valuation is made

Cost Accounting Standards – CAS 406, 407 and 408 – 2019

In conjunction with Federal Publications Seminars, this webinar will cover CAS 406, 407 and 408 which includes: cost accounting period (406); use of standard costs for direct material and direct labor (407); and accounting for costs of compensated personal absence (408). Learning objectives include:

  • The importance of the consistent use of your company's fiscal year as the accounting period
  • The CAS definition of standard costing
  • The intent and expectation of the government for personal absences
  • How to use standard costs in the estimating, accumulating, and reporting of direct labor and materials costs
  • How to account for the costs of personal absences by period

Government Executive, January 30, 2019 – “Stopgap Spending Measure Doesn’t Fix Federal Contractors’ Problems”
Washington Technology, January 28, 2019 – “As shuttered agencies reopen, patience and empathy are virtues”
Washington Business Journal, January 25, 2019 – “Shutdown’s end means payments can start flowing, but when?”
Washington Business Journal, January 24, 2019 – “The shutdown’s impact on small contractors is bad and getting worse”
The Washington Post, January 22, 2019 – “Thousands of federal contract workers sent home due to shutdown.”
Washington Technology, January 7, 2019 – “Is LPTA here to stay?”
Financial Advisor, November 19, 2018 – “The McKelvey Group Reports Increased Demand for Succession Planning”
Washington Technology, November 15, 2018 – “Year-end prep can pay tax dividends”
Accounting Today, November 8, 2018 – “Accounting With a Cadence”
Washington Technology, November 6, 2018 – “Why a Proactive Year-End Approach Is Essential in the Government Arena”
Contract Management, March 1, 2018 – “Tips to Demystify Government Price Proposals”
Washington Technology, December 22, 2017 – “The Secret to Writing Winning Proposals”
The North Potomac Times, December 2014 – “The McKelvey Group, Inc.: Helping Clients Grow Their Business”

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