March 27 – Session 1 – Cost Principle Introduction and Application
During this program, we will explore what the cost principles are, when they apply, how they apply and what penalties exist for non-compliance. We will also take a few moments to discuss the CAS, and its relationship with the Cost Principles.
Topics Include:
- History of CAS & FAR
- Layout and Structure of Part 31
- What are the Cost Principles?
- When do they apply?
- Why are they important to me?
- What happens when I ignore them?
- What is the CAS, and why are we bringing it up during a Cost Principles training?