Description:

Accounting affects every aspect of a project, and managers at every level need to understand how costs impact their performance. However, it’s not easy to understand the various ways a project may classify, accumulate, and report costs. This recorded webinar explores some of the different cost accounting constructs employed by manufacturing and service companies. Not every accounting system is identical, and there are very good reasons for accounting for similar costs differently based on the nature of the services and the industry environment.

Intended Audience: contract professionals, contract managers

Level of Difficulty: Intermediate

Learning Objectives:

1. Describe different types of accounting systems used for contract management
2. Define the relationship between accounting systems and cost impacts on performance

CMBOK Competencies:

• B.2 - Financial Management
• 3.1 - Cost or Price Analysis

Presenter:

• Darrell M. Hineman, CPA, CFE, Director, Government Contract Services, CohnReznick

Credits: 1.5 CPE/CLP

Cost: $55 member / $69 non-member