Introduction to the Cost Accounting Standards
June 20, 2023
Designed to achieve uniformity and consistency in cost accounting practices, Cost Accounting Standards (CAS) are a set of standards government contractors should know. Whether you're a small business considering the impact of a transition to CAS-covered contracting or you have CAS-covered contracts and want to improve your CAS understanding, this webinar is for you. Join FORVIS' Adam So and Brad Tress as they provide an overview of the CAS and best practices to help you meet government auditor expectations.
Topics include:
- How Did CAS Come About?
- CAS Applicability
- Full & Modified CAS Coverage
- CAS Administration
- An Overview of Each Standard
- CAS Disclosure Statement
- Cost Accounting Practice Changes
- Current Issues & How to Address Them
Learning Objectives
Upon completion of this program, participants will be able to:
- Describe cost accounting standards applicability.
- Discuss the requirements of each Cost Accounting Standard.
- Explain how changes to cost accounting practices are administered.
Presenters
Adam So, Brad Tress