CAS Cost Impacts
July 11 @ 9:00 am - July 12 @ 4:00 pm$995
This two day course provides the student with a comprehensive learning experience on what constitutes a cost accounting practice (CAP) change and how to calculate the cost impact of such changes. The student will learn the requirements for preparing cost impact proposals, including General Dollar Magnitude Proposals and Detailed Cost Impact Proposals. The course also includes a focus on how to compute increased/decreased costs by contract, by contract group, and how recent legal decisions have affected calculating increased in decreased costs “in the aggregate”. It also includes discussion of the various methods for resolving CAS cost impacts. In addition to course instruction, the student will complete numerous practical exercises and comprehensive case studies. This course is a must for anyone that is involved in determining the cost impact of a change in cost accounting practice and/or a noncompliance and finance individuals who are responsible for modeling the cost shifts by contract type for business changes and reorganizations.
Upon completing this course, the student will be able to determine whether a contractor has complied with the statutory and regulatory requirements for preparing cost impacts, and:
- Identify the impact of the various types of cost accounting practice changes or CAS non-compliances have on Government contracts.
- Prepare an adequate and compliant cost impact proposal.
- Provide advice to the client as to the most advantageous method for resolving the cost impact.
Continuing Education Credits
11 CLE/ 13 CPE / 1.1 CEU credits may be earned for this course. This course is recommended for 16 CLP credits.
This course has been approved for CLE in CA, PA, VA and TX. Because this activity has been approved in another CLE jurisdiction, you may also receive credit for participation in AK, AZ, AR, CO, FL, HI, IL, ME, MT, NJ, NY, ND, and WI (additional state requirements may apply). If you are seeking CLE credits for a jurisdiction other than the ones listed above, please contact us for additional information.
This course can be submitted to Project Management Institute (PMI) for PDU. Upon their approval, it may be worth 11 PDU credits.
The Public Contracting Institute 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 submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.