Fundamentals of Federal Contract Cost Accounting

In this course you will learn about the fundamental cost accounting principles imposed by the Federal Acquisition Regulation (FAR) Part 31.2 on commercial organizations, and will follow an example of how a DCAA compliant accounting system should be configured.

Course content includes:

• Checklist used by DCAA in conducting Accounting System Reviews
• Setting up a Chart of Accounts to segregate Direct, Indirect and Unallowable Costs
• Job Cost Accounting
• Indirect Cost Pools and Allocation Bases
• Indirect Rate Computations
• Timekeeping System and Labor Distribution Requirements
• Unallowable Costs

Price:

$225.00

Availability:

The course will be available on this site for thirty days from the time of purchase.

Technical Requirements:

• You will need Microsoft Silverlight™ is required to play the video. You can install Silverlight from http://www.microsoft.com/silverlight/get-started/install
• This course includes PDF files which require a compatible PDF reader. You can get Adobe's Reader from http://get.adobe.com/reader/.
• This course includes Word and Excel documents. If you do not have Microsoft Office installed, you can use the Microsoft Excel Viewer , and Microsoft Word Viewer to view them.