Disclosure Statements and Cost Accounting Practices10:00 am - 5:00 pmThis virtual course takes an analytical approach to Disclosure Statements, cost accounting practices, and cost impact proposals through definitions, rules, requirements, responsibilities, and implications in the management and administration of CAS-covered government contracts.
It starts with the basics:
CAS-Covered Contracts and Awards
Thresholds
Exemptions
Disclosure Statement Criteria
Revisions
Reviews
Adequacy of Disclosure
Timing of Submission
Compliance
Accounting Requirements
Implementation
Effects of Filing
Changes to a Cost Accounting Practice
Cost Impact Proposals
Calculation Methods and Techniques
FAR Provisions
The virtual course continues with examples, principles and practices from Disclosure Statement content and criteria to:
a self-audit checklist for compliance with the requirements
what triggers a change and how to recognize a change to a cost accounting practice
how to prepare a cost impact proposal, conduct an analysis, and calculate the impact
The virtual course concludes with insights and illustrations, and an opportunity for discussion. Although coverage may not include every foreseeable cost activity, we are confident that the resources and guidance you receive will strengthen your analytical abilities in this area.Learning Objectives:
Effectively identify the CAS related standards to disclosure statements
Identify the parts of a disclosure statement form
Develop an understanding of each part of the form
Confidently explain and fill out all the parts of the form
Have the ability to create a checklist for audit purposes
Effectively create a compliance checklist
Develop a plan for properly filing annually
Create and report on costs per CAS 401This live virtual course is eligible for both CLE and CPE credit.VirtualLearn More »
FPS
About Capital Edge Consulting
Capital Edge government contract consultants support Government Contractors and Federal Grant Recipients. Our consultants specialize in the regulatory compliance matters you need.