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12 Sessions
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CAS is one of the most complex, and punitive, laws for contractors to contend with, whether it be for new or established contractors of the U.S. government. Once a contractor pursues, or is awarded, a CAS covered contract, their profile, regulatory requirements, and audit interest are immediately pronounced. Simply understanding it’s applicability to your U.S. government contract universe can be an exercise in mixed interpretation. This series breaks CAS down to its fundamental requirements in simple, relatable terms to assist contractors in understanding applicable requirements, but also practical strategies for compliance delivered by instructors who've dedicated their careers to CAS and related U.S. government regulatory requirements.    

Each webinar will provide the genesis of the standard, illustrating its purpose and move into specific compliance requirements of the respective Standard(s) covered. Instructors will share examples of common “pitfalls”” and highlight areas of risk contractors should be aware of in compliance with the respective Standard(s). The webinars have purposefully been grouped in a manner that will aid in understanding the inter-relationship of some Standards to others.     

Who should attend these sessions?  
We recommend this course for anyone that is interested in an introduction or refresher to CAS, or looking for practical insights from consulting and legal practitioners that work with CAS routinely.

On-Demand Sessions
The application of the Cost Accounting Standards (CAS) adds a new level of compliance requirements for contractors and subcontractors. Developed to achieve uniformity and consistency for the measurement, assignment and allocation of costs, organizations frequently deliberate whether a contract is subject to CAS and if so, the level of CAS coverage... more
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This is session 2 of 12 in the FPS CAS series. This webinar will cover CAS 401 and 402 which includes the following subjects of: consistency in estimating, accumulating and reporting costs (401) - as well as- consistency in allocating costs incurred for the same purpose (402). After completing this webinar, you will be able to:  Better underst... more
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This is session 3 of 12 in the FPS CAS series. This webinar will cover CAS 403 and 405 which includes the following subjects of: allocation of home office expenses to segments (403) and accounting for unallowable costs (405). After completing this webinar, you will be able to:  Better understand the stated purposes and what those mean in layma... more
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This is session 4 of 12 in the FPS CAS series. This webinar will cover two of the CAS standards that focus on cost measurement and assignment of costs to accounting periods: CAS 404 and 409. Each standard handles a different aspect in the accounting for assets, with CAS 404 detailing the requirements and criteria for the capitalization of tangible... more
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This is session 5 of 12 in the FPS CAS series. This webinar will cover CAS 406, 407 and 408 which includes these subjects: cost accounting period (406); use of standard costs for direct material and direct labor (407); and accounting for costs of compensated personal absence (408). After completing this webinar, you will be able to understand:... more
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This is session 6 of 12 in the FPS CAS series. This webinar will cover CAS 410 which includes allocation of business unit general and administrative expenses to final cost objectives (410). After completing this webinar, you will be able to:  Better understand the stated purposes and what those mean in layman's terms for CAS 410.  Better un... more
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This is session 7 of 12 in the FPS CAS series. This webinar will cover CAS 411 which includes the following subject: accounting for acquisition costs of material (411). After completing this webinar, you will be able to:  Better understand the stated purposes and what those mean in layman's terms for CAS 411.  Better understand some nuances and... more
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This is session 8 of 12 in the FPS CAS series. This webinar will cover CAS 412 and 413 which includes: composition and measurement of pension cost (412); and adjustment and allocation of pension cost (413). After completing this course, you will be able to:  Understand the composition and measurement of pension costs, and the adjustment and al... more
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This is session 9 of 12 in the FPS CAS series. This webinar will cover CAS 414 and 415 which includes the following subjects of: cost of money as an element of the cost of facilities capital (414), and accounting for the cost of deferred compensation (415). After completing this webinar, you will be able to: Understand: a. What Facilities... more
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This is session 10 of 12 in the FPS CAS series. This webinar will cover CAS 416 and 417 which includes the subjects of: accounting for insurance costs (416), and cost of money as an element of the cost of capital assets under construction (417). After completing this webinar, you will be able to: Understand: a. Government requirements around... more
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This is session 11 of 12 in the FPS CAS series. This webinar will cover CAS 418 which includes the following subjects of: allocation of direct and indirect costs (418). After completing this webinar, you will be able to:  Better understand the stated purposes and what those mean in layman's terms for CAS 418.  Better understand some nuances a... more
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This is session 12 of 12 in the FPS CAS series. This webinar will cover CAS 420 which includes the following subjects of: accounting for independent research and development costs and bid and proposal costs (420). This webinar also includes a recap of the series. (LEARNING OBJECTIVES) After completing this webinar, you will be able to:  Bette... more
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