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To: tayllorcriss@gmail.com   ***Government*Horizons Inc. is proud to be a Training Partner with the USDA Graduate School, Defense Acquisition University (DAU) and GSA.


Government*Horizons Training Workshops (TM)

 

(For more information on this and all of our contracting, acquisition & program management training, go to www.GovernmentHorizons.org)

 

This workshop is recommended for 24 Continuous Learning Points (CLPs) toward DAWIA/FAC-C requirements. A Government*Horizons "Certificate of Completion" will be provided to all attendees upon conclusion of the workshop

 

Cost Accounting Standards (CAS)

 

Cost Allowability and Allocability In Government Contracts


March 5 - March 7, 2008

Government*Horizons Training Center
4301 Wilson Boulevard, Suite 1003 (10th Floor)
Arlington, VA 22203

Mr. Higgins is an excellent presenter he reflects a wide variety of experience. - Mr. Harry H. Abe PACAF Engineering & Technical Services Contract Manager, U.S. Air Force

Excellent instructor - Kept the material bright and the tempo moving.  - Senior Staff Member - Federal Civilian Agency

 

Registration: 8:00 AM
Program Starts: 8:30 AM
Wrap Up: 11:00 AM

 

About This Workshop

For a cost to be allowable (i.e. recoverable) on a Government contract, the cost must be:


- Reasonable
- Allocable
- Not contrary to the Cost Accounting Standards (CAS)
- Not prohibited by terms of the contract, and
- Not limited by FAR Part 31 Cost Principles

By definition therefore, CAS, cost allowability and allocability are interrelated, and these key concepts must be understood by all parties involved in Government contracting.  In this concentrated three-day seminar, you will obtain a thorough understanding of the critical concepts of CAS, cost allowability and cost allocability. Attendees will strengthen CFO-recommended core competencies for financial managers, including increasing program effectiveness; understanding financial, budget and management issues; and decreasing/maintaining unit costs.

 

Learning Objectives


- Cost Reasonableness Principles
- Allowable vs. Unallowable Costs
- Cost Accounting Standards
- Cost Allocation
- Applicability to Government Contracts
- Disclosure and Reporting
- Cost Issues concerning Home Office, G&A, Overhead and IR&D


Who Should Attend

 

- Contract Administrators
- Auditors
- Financial managers
- CFOs
- Accounts receivable managers
- Contract compliance officers
- Contracting Officers/ACOs
- Treasurers
- Controllers

 

Examples of Previous Attendees Include:

 

- ADC Acquisition Company, VP-Treasurer
- DRS Mobile Environmental Systems, Controller
- GTSI, CFO
- Institute for Genomic Research, Sponsored Projects Accounting Manager
- J. Craig Venter Institute, Controller
- L-3, Finance Manager
- Morgan Franklin, Vice President
- National Institute on Aging, Administrative Officer
- NSF, Audit Manager
- OPNET Technologies, Inc., Manager, Government Accounting
- Overwatch Systems of Virginia, Inc., Assistant Controller
- Sandia National Laboratories, Senior Member Lab Staff
- US Mint at Denver, Deputy Plant Manager
- Vanguard Contractors, Accounting Manager
 

Agenda

FAR Part 31 Cost Principles


-Applicability
      - Pre-award
      - Post-award
- Costs that are generally allowable
- Costs that are generally unallowable
- Costs with limited allowability
- Credits
- Advance Agreements

Cost Accounting Standards (CAS)


-Applicability of the CAS
- CAS Coverage Levels
     - Full vs. Modified Coverage
-The Nineteen Standards
     - Consistency Standards
     - Allocation Standards
     - Specific Cost Standards
-The Disclosure Statement
     - Requirements
     - Reviews
- Adequacy
- Compliance
     - Cost Accounting Changes
 

 CAS in FAR Part 31


- Unallowable Costs
- Compensation
     - Pensions
     - Deferred Compensation
- Cost of Money
- Insurance

Certification of Indirect Costs

 

About Your Speaker

 

Mr. Joseph T. Higgins is a managing director in the FTI Forensic and Litigation Consulting practice based in Washington, D.C. Mr. Higgins has worked over 30 years in accounting, auditing and consulting in government contracting with concentration in the Aerospace and Defense (A&D) industry.

Mr. Higgins has extensive financial management experience in government contracting, specifically in the development and implementation of cost allocation systems to ensure cost recovery on government contracts. He has assisted clients with completion of CASB Disclosure Statements and related issues with compliance with the Cost Accounting Standards. Mr. Higgins has expertise in all required government contracting management systems, including cost estimating and earned value management systems (EVMS). He has extensive knowledge in the areas of contract claims, particularly claims in connection with terminations for the convenience of the government.

Mr. Higgins brings a diversity of experience to his consulting tasks, coming to FTI after working 15 years as a Vice President Finance/Chief Financial Officer with A&D companies and slightly more time performing auditing and consulting work within the federal government as well as the private sector. Mr. Higgins has a current operating-level perspective on the challenges that face today’s government contractor. Not only does he have the technical competence to deal with the regulatory/compliance aspects of an issue, he also has the practical insight to appreciate the business and organizational implications that may be involved. Having worked at various levels in the Defense Contract Audit Agency, Mr. Higgins has the background necessary to bring clarity to potentially volatile audit situations. And his experience as a consultant and auditor with major international accounting firms gives him additional qualification and perspective.

 

 

Registration Fee


Government attendees: $995 per person
Small Business (<100 employees): $1,095 per person
Industry: $1,195 per person
 


Registration Options

[1] Register on-line at www.governmenthorizons.org
[2] Phone Customer Service at (703) 807-2758
[3] E-mail Customer Service at customerservice@marketaccess.org
[5] Mail the Registration Form provided below to:
Homeland Defense Journal
4301 Wilson Blvd. #1003, Arlington, VA 22203

Location Information

 

The workshop will be held in the Government*Horizons Training Center in the NRECA Building at 4301 Wilson Boulevard, Suite #1003 (10th floor), Arlington, VA 22203. Public parking at the facility is available for $9 a day. The NRECA Building is just one block from the Ballston Metro Station in the orange line. Please note: the parking garage and a side entrance to the building is on Taylor Street.

 

Email List Contact

 

If you wish to be removed from, or added to, our training announcements lists, see instructions below. Any questions regarding this email list, please refer to Brian Adams, Email List Manager at brian.adams@marketaccess.org


----------------------------------------------------------

REGISTRATION FORM

 

CAS, Cost Allowability and Allocability
in Government Contracts
March 5-7, 2008

 

Attendee name:

Title:

Company/Agency:

Address:

City, State, and Zip Code:

Telephone Number:

Fax Number:

Attendee E-mail Address:

Training Coordinator E-mail Address:

Phone #:

 

 

REGISTRATION/CHARGES (CIRCLE ONE):

 

Registration Fee

Government attendees: $995 per person
Small Business (<100 employees): $1,095 per person
Industry: $1,195 per person


Method of Payment:

Company Check (payable to Government Horizons) Tax ID: 20-4904026
Credit Card
Government P.O. (please attach)
Type of Credit Card (check one):

____Visa____MasterCard____American Express

Card Number: ____________________________________

Exp. Date:____________________

Name Printed on Card: ___________________________________________________

Signature (required): ___________________________________________________

Please fax this form, complete with payment information, to
(703) 807-2728 or mail it with your payment to:

Government Horizons, 4301 Wilson Blvd, Suite 1003, Arlington, VA 22203

If you have questions about registration/payment, please call Customer Service at (703) 807-2758. Thank you

--------------------------------------------------------------------------------

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