Once a contractor has a contract subject to full CAS coverage, it is important to understand how to make a change to a disclosed cost accounting practice. This session will include a discussion of (Learning Objectives):  What is considered an accounting practice change?  What does not meet the definition of an accounting practice change?  What are common triggers for a cost accounting practice change? Additionally, the course will dive into cost impact proposals covering when a proposal is required, the timing for submission, and how impacts are calculated. The course also includes a case study for hands-on experience with a cost impact calculation.

Executive orders, new regulations, class deviations, statutes, protests, and litigation all ensure that the compliance landscape for government contracts is always evolving at a breakneck pace. These changes can be difficult to track, but Federal Publication Seminars' Quarterly Update gathers the most significant changes and distills them for government contracting professionals. That usually (but not always) includes updates to:  Cybersecurity requirements  Revolutionary FAR Overhaul Updates  Changes to labor regulations and enforcement  Domestic preferences; and  Small business regulations Each session will be jammed packed with the latest information and is a valuable tool in staying up to date in an ever-changing environment.