The CAS and Consequences of Noncompliance

Thursday, October 19, 2017 12:00pm - 1:30pm EDT  
Host: NCMA

A brief overview of the Cost Accounting Standards (CAS)—what they are, who they apply to, and their importance; compliance requirements for contractors with CAS-covered contracts; and the process of preparing cost impact calculations.

Key Takeaways:

CAS applicability and administration;
The potential consequences of noncompliance with the CAS;
Compliance requirements, including “disclosure statement” requirements; and
The cost impact process, including both the “general dollar magnitude” and “detailed cost impact” processes.


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