Description:

The Cost Accounting Standards can seem like a daunting requirement to new and seasoned contractors alike. This course gives an overview of the Cost Accounting Standards, what they are, who they apply to and the requirements for contractors with CAS-covered contracts, including the process of preparing cost impact calculations.

Intended Audience: Contract managers

Level of Difficulty: Intermediate

Learning Objectives:

1. Evaluate the consequences of CAS non-compliance.
2. Outline the Cost Accounting Standards.
3. Apply the appropriate CAS coverage based on CAS criteria and thresholds.
4. Apply CAS to special situations such as foreign concerns and IDIQ contracts.
5. Identify CAS disclosure statement requirements.
6. Identify cost impact proposal requirements.
7. Follow DCAA's five-step Cost Impact Process

CMBOK Competencies:

• 2.0 - Pre-Award

Presenters:

• Greg Bingham
• Mike LaCorte

Credits: 2 CPE/CLP

Cost: 

• $180 member/ $230 non-member

Course Access:

• After registration, to access your course, visit My Virtual Training. 
• *Note: you must be logged into your NCMA profile to access your courses on My Virtual Training.