Course

Course Summary
Credit Type:
Course
ACE ID:
DAU-0347
Organization's ID:
CCON 010
Organization:
Defense Acquisition University
Location:
Online
Length:
Approximately 27 hours
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Contract Pricing and Negotiations
Description

Objective:

In this credential, students will learn about special topics in contract pricing, specifically the Cost Accounting Standards (CAS) and the Overhead Should Cost Review process. In the three part CAS content, students will receive instruction in the various aspects of Public Law 100-679, including the Cost Accounting Standards, rules and regulations of the CAS Board, Disclosure Statements, cost accounting practice changes and cost impact statements. Through the CAS techniques for application and the fundamental requirements of standards, students will solve problems and gain a working familiarity with DoD guidance relating to the implementation of CAS requirements and administration of contract cost adjustments. In the Overhead Should Cost course, learners will become familiar with the skills required to conduct reviews that aim to promote both short and long-range improvements in a contractor’s economy and efficiency to reduce the cost of performing Government contracts.

Learning Outcomes:

  • Examine the Initial Effort required in planning an OHSCR.
  • Explain the key steps involved with conducting a successful OHSCR
  • Identify the key information to include when preparing a formal OHSCR report
  • Explain post review and follow up actions.
  • Understand the history of CAS, the appropriate FAR clauses that apply to CAS, and the appropriate agencies involved with CAS
  • Determine CAS applicability and apply the basic concepts of CAS
  • determine if a contractor has estimated and accumulated costs in compliance with CAS 401 and CAS 402
  • determine if a contractor has estimated and accumulated costs in compliance with 405 and 406
  • summarize at a high level, the guidance for determining, measuring, adjusting, assigning, and allocating pension costs in accordance with CAS 412 and CAS 413
  • determine if the contractor accounts for costs in accordance with the requirements of CAS 404, 409, 414, and 417
  • determine if the contractor accounts for costs in accordance with the requirements of CAS 407, 411, and 416
  • determine if the contractor has accounted for costs in compliance with CAS 403, 410, 420, and 418
  • determine if the contractor has made a cost accounting practice change and if that change is compliant with Cost Accounting Standards (CAS)
  • determine whether a contractor has complied with any/all of the cost impact proposal requirements
  • understand the purpose of a Disclosure Statement (DS), when a contractor is required to submit a Disclosure Statement, and why the Contractor must keep the Disclosure Statement adequate and complaint with applicable CAS

General Topics:

  • Planning and conducting Overhead Should-Cost Review (OHSCR) OHSCR objectives Risk assessments Proposal reviews Analysis of indirect costs and labor Post-review Cost Accounting Standards (CAS) Estimated and accumulated costs Compensation standards Tangible capital assets Specific cost types Cost allocation Cost accounting practice changes Cost impact statements Disclosure statements
Instruction & Assessment

Instructional Strategies:

  • Computer Based Training
  • Practical Exercises

Methods of Assessment:

  • Examinations

Minimum Passing Score:

80%
Supplemental Materials