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1 hr, 30 mins
This is session 4 of 9 in the Procurement University webinar series.

In this session, we will discuss Cost Accounting Standards (CAS) including both full and modified CAS coverage.  You will learn about each of the standards, applicability, exemptions, and CAS administration issues such as changes to cost accounting practices.

Learning Objectives: By the end of the webinar you should be able to:
  • Understand the purpose of Cost Accounting Standards (CAS);
  • Identify the specified exemptions to CAS;
  • Analyze whether or not a contract is subject to CAS based on contract clauses and thresholds and if covered, whether modified or full coverage is required; and
  • Have a basic understanding of the cost accounting practice changes.  

About Our Experts
  • Jon Bencivenga
    Advisory, Director, CohnReznick LLP
    Jon is a Director in the CohnReznick’s Government Contracting Industry practice. He has over 15 years of experience in Government Regulatory Compliance with a demonstrated history supporting the government services industry. He provides a range of advisory services for government contractors including FAR/CAS compliance, DFARS business systems, infrastructure and indirect cost rate structuring, and incurred cost proposals and forward pricing rate proposals. He also has extensive international experience including serving as an industry segment compliance manager in Seoul, South Korea and assisting clients onsite in the Middle East and South America.

    Jon's areas of expertise are DFARS-Compliant Business System gap/readiness assessments and implementations, FAR & CAS compliance, Cost allowability, allocability and reasonableness, Incurred cost proposals, Cost estimating, Complex indirect rate structures, Requests for Equitable Adjustments, Accounting & Compliance Government Contracts Training.
    Jon graduated from West Virginia University with a Bachelor of Science in Business Administration with a major in accounting.
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