Practical Tools for Preparing a Disclosure Statement Under the CAS
A Cost Accounting Standards (CAS) disclosure statement is a formal document that describes job cost accounting practices. For many contractors, preparing this form can be intimidating. Although this form may be overwhelming in its appearance, preparing a disclosure statement that adequately describes your cost accounting practices does not need to be difficult. This webinar will walk you through the CASB DS form section by section and discuss the detail and content that is required to prepare an adequate disclosure statement.
Ken Bricker & Bill Walter, Dixon Hughes Goodman, LLP
Ken has worked in the government-contracting and acquisitions arena since 1975. He has private sector experience as a Vice President of Finance and Chief Financial Officer of a government contractor, as well as government experience as a Senior Auditor for the Defense Contract Audit Agency. Ken has served as a guest instructor at the Defense Contract Audit Institute and has been a contributing writer to the Defense Contract Audit Manual (DCAM). He is a lecturer on many conferences for the Government Contracting Institute and American Graduate University and is adjunct faculty for Old Dominion University and George Washington University through ESI International. He has extensive knowledge of the Federal Acquisition Regulations (FAR) and the Cost Accounting Standards (CAS). Ken frequently assists clients with regulatory issues such as systems reviews (accounting, estimating, purchasing, billing), bids and proposals, rate structure development, forward pricing, wage determinations, claims (equitable adjustment, delay, termination), defective pricing, and incurred cost submissions.
Bill has over 25 years of experience helping companies identify and resolve issues associated with cost accounting and financial management systems. He has an extensive background in the application and interpretation of rules, regulations, and standards applicable to government contractors. His clients readily accept his recommendations since they are tempered by his thorough knowledge of the Federal Acquisition Regulation, individual agency supplements to the FAR, the Truth in Negotiations Act and the Cost Accounting Standards and his experience with real business issues, systems and solutions.
Learning Objectives
- What is a Disclosure Statement?
- When Do you File?
- Who Must File?
- Strategies for preparing, submitting and keeping a Disclosure Statements Current
- Setting up a system for screening unallowable costs
- How to describe your financial procedures used to estimate, accumulate and report costs
- Timing and Management of Amendments
- And much, much more!
Who Will Benefit
The course is designed for government contractors, government personnel, compliance officers and accounting professionals who would like a basic understanding of key accounting and controls issues when working with government agencies. Get ahead of the curve — download today!
About L2 & PCI
The Public Contracting Institute (PCI) was founded to deliver the best possible acquisition training available anywhere. PCI instructors are nationally recognized experts, experienced practitioners, and highly-qualified professionals, with a wealth of knowledge and experience and proven success in teaching. PCI offers seminars, on-site customized training, and webinars in all facets and at every level of procurement, both to the public and private sectors. L2 Federal Resources, publisher of The Contracting Post, also provides expert-led training events on federal government contracting topics including marketing, project management, dispute resolution and contract law. Contact PCI at PublicContractingInstitute “dot” com.
