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CON 250 Fundamentals of Cost Accounting Standards—Part I
(Last Modified:05-Feb-2013)

Description

Fundamentals of Cost Accounting Standards—Part I provides detailed, hands-on instruction in the various aspects of Public Law 100-679, including the rules and regulations of the Cost Accounting Standards Board, cost accounting standards, and disclosure statements for federal contracts. This course addresses only those standards applicable to modified cost accounting standards coverage. This course addresses those standards applicable to modified coverage, cost accounting practice changes and calculating cost impacts.

Objectives

Download Course Objectives

Target Attendees

This assignment-specific course is designed for civilian (or equivalent military) personnel, GS-9 and above, with at least 2 years of experience in the Contracting career field. Personnel should be responsible for CAS administration for one or more contractors or have a current (or pending) assignment dealing with CAS issues.

Prerequisite(s)

Required:

Level II certified in Contracting

Recommended:

Completion of a first-year college accounting course

Predecessor Course(s) (Acceptable as a substitute for this course until the acceptance date specified below.)

Predecessor	Predecessor Course Title	PDS Code	Accepted Until
None	None	None	None

Course Length

4.5 class days

Additional Course Information

Delivery Mode	Resident
Equivalent Courses	None
ACE Recommended Credits	N/A
PDS Code	BZM
Additional Public Information	YES

Continuing Education Units	3
Continuous Learning Points	30
Reservist Retirement Points	0
Historical Allocations	Mouse Over for Past CEU/CLPs

Notes

Participants must provide and be familiar with a basic function calculator.

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