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Virtual Series
Advanced Cost Impact Analysis Workshop Virtual - June 2025
An advanced 1.5 day virtual course for CAS covered Government contractors on identifying and measuring CAS changes to cost accounting practices including General Dollar Magnitudes (GDM), Detailed Cost Impact (DCI) Analysis and precedent setting case law and its implications on the identification and quantification of changes to cost accounting practices.
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Topics
Accounting, Costs and Pricing
Advanced Topics
Artificial Intelligence
Business Development
Compliance
Construction Contracting
Cybersecurity
FAR
Government Contracting
Grants
Intellectual Property
International Contracting
Personal Development
Small & Medium Businesses
Subcontracting
Dates
November 2024
December 2024
January 2025
February 2025
March 2025
April 2025
May 2025
June 2025
July 2025
August 2025
September 2025
October 2025
Roles
Director of Contracts
New to Government Contracting
Accountant
Sales and Business Development
Contract Administrator
Counsel
Auditor
Subcontract Administrator
Contract Manager
Procurement Officer
CFO
Grants Administrator
Situations
Earn CLE/CPEs
Get Started in Government Contracting
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Train My Team
2 Sessions
$2,195 / year / person
premium subscription
$1,695
this series
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Unless specified otherwise, each day of this Virtual Course will include a lunch break from 1:00 to 2:00 p.m. ET.
This advanced virtual course explains the regulatory requirements and provides hands on exercises and scenario analysis to identify, define and measure changes to cost accounting practices.
The virtual course begins by summarizing the regulatory framework for CAS and cost accounting practices included in both CAS and FAR, followed by a brief review of cost accounting practices and what constitutes a practice change. After establishing the framework, we will delve into the four different types of cost impacts and the selection of the appropriate technique for notification and settlement of the cost impact.
Shifting to measurement of the cost impact, we tackle the challenges of establishing a comparative baseline for measurement; discusses covered and affected contracts for inclusion in the cost impact; describes agency and contract type disclosure; treatment of contract types and offsets and netting between contract types and types of changes including:
Required changes
Desirable changes
Unilateral changes
Non compliances
Rounding out the lecture, practical issues with cost impacts will be discussed emphasizing precedent setting case law that shapes the identification and measurement process used for computing cost impacts.
Course Objectives:
Upon successful completion of the course you will be able to:
Demonstrate knowledge on cost movement
Develop tactics around changes and cost impacts
Identify process used for computing cost impacts
Effectively understand and present cost impact analysis to others
This live virtual course is eligible for both CLE and CPE credit.
Have questions on how to participate in an FPS Virtual Course?
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Upcoming Sessions
Advanced Cost Impact Analysis Workshop - Live Virtual Course June 2025 - Day 1 Session
Jun 17, 2025 10 AM-5 PM EDT
Lunch Break will be from 1pm - 2pm ET This advanced virtual course explains the regulatory requirements and provides hands on exercises and scenario analysis to identify, define and measure changes to cost accounting practices. The virtual course begins by summarizing the regulatory framework for CAS and cost accounting practices included in bo...
more
Advanced Cost Impact Analysis Workshop - Live Virtual Course June 2025 - Day 2 Session
Jun 18, 2025 10 AM-1 PM EDT
This advanced virtual course explains the regulatory requirements and provides hands on exercises and scenario analysis to identify, define and measure changes to cost accounting practices. The virtual course begins by summarizing the regulatory framework for CAS and cost accounting practices included in both CAS and FAR, followed by a brief rev...
more
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