1. Many Names/Same Meaning
   1. "Overhead"
   2. "Indirect Cost"
   3. "Indirect Expense"
   4. "Burden"
   5. "Pool"
2. The Regulations
   1. Sources
      1. FAR
      2. CAS
   2. Definitions
   3. Concepts
      1. Allowability
      2. Allocability
      3. Materiality
      4. Accounting principles
   4. Compliance
3. Choices In Charging
   1. Flexibility vs...
   2. Limitations
   3. Contract Clauses
   4. Selected Cost Treatment
      1. Labor
      2. Materials
      3. Supplies
      4. Purchased items
      5. Tooling
      6. Equipment rental
      7. Travel
      8. Depreciation
      9. Leases
      10. Fringe benefits
      11. Contract administration
      12. Service centers
      13. Selling expense
      14. R&D/B& P
      15. Others
4. Financial Management
   1. Maximizing Cost Recovery
   2. Ease vs. Accuracy
   3. Cost Control
   4. Forecasting Costs
      1. Pooling
      2. Fixed costs
      3. Variable costs
      4. Semi-variable costs
   5. Traceability Of Costs
   6. Contract Mix
   7. Cosmetics
      1. Calculating the dollars
      2. Lowering the "rate"
   8. Pricing Strategy
   9. Program Planning
   10. Optimum Competitive Position
   11. Employee Incentives
   12. Govt Audit
       1. Govt rights
       2. Scope of audit
       3. What to expect
       4. Accounting changes
       5. Coping with audits
   13. The Shifting Overhead Rate
   
   DIRECT COSTS

5. Types Of Costs
   1. Usual
   2. Unusual
   3. Special Cases
6. Application Of Overhead
   1. When Appropriate
   2. When Not
7. Cost Objectives
   1. Charging To Objectives
   2. Direct Identification
   3. Use Of Surrogates
8. Direct Costing Methods
   1. Actual Costs
   2. Average Rates
   3. Standard Costs
   4. Blanket Rates
   
   INDIRECT COSTS

9. Beneficial Relationship
   1. What It Means
   2. Proving It
   3. Impact On Cost Objectives
   4. Impact On Overhead Pools
   5. CASB Criteria
10. Causal Relationship
    1. Definition & Proof
    2. Compared To "Beneficial"
    3. Impact On Cost Objectives
    4. Impact On Overhead Pools
    5. CASB Criteria
11. Choosing The Right Base
    1. What Is A Base
       1. Resources consumed
       2. Activity managed
    2. Importance Of Choice
    3. Impact On Dollars
    4. Fragmenting The Base
       1. When & why
       2. Fragmenting problems
    5. Changing The Base
       1. Reasons
       2. The right time
       3. Special problems
12. Measures Of Resources Comsumed
    1. Output
    2. Space Occupied
    3. Services Provided
    4. Use Of Surrogates
13. Measures Of Activity Managed
    1. Labor Cost
       1. Average
       2. Pre-established labor rate
    2. Labor Hours
    3. Machine Hours
    4. Units Of Production
    5. Material Cost
    6. Other
14. Intercompany Transfers
    1. Full Absorption Accounting
    2. Special Treatment
    3. Exceptions
    
    Overhead Pools

15. Homogeneous Costs
    1. The Concept
    2. CASB Criteria
    3. Examples
       1. Material-related costs
       2. Inspection
       3. Off-site work
       4. Machining
       5. Assembly
       6. Quality Control
       7. Engineering
       8. Product support
16. Effect Of Contract Mix
    1. Number Of Contracts
    2. Types Of Contracts
    3. Govt vs. Commercial Contracts
    4. Nature Of Work
       1. Manufacturing
       2. Service
       3. Off-site
       4. R & D
       5. Other
17. Establishing Pools
    1. Designating The Pools
       1. Single overhead pool
       2. G&A expense
       3. Manufacturing
       4. Engineering
       5. Home office
       6. Selling
       7. IR&D/B&P
       8. Material handling
       9. Others
    2. Too Many Pools
       1. Effect on cost forecasting
       2. Impact on pricing
       3. Volatile overhead rates
       4. Administration
       5. Base & pool interaction
    3. Too Few Pools
       1. Inaccurate allocations
       2. Lack of CAS compliance
       3. Improper costing
       4. Management errors
    4. How Many Pools
       1. Criteria
       2. Financial management issues
       3. Overhead cost analyses
       4. Structuring the pools
       5. Functional tests
       6. Competitive structure
    5. Common Problems
       1. Definitions
       2. Criteria
       3. Allocation techniques
       4. Allocation problems
       5. Advance agreements
       6. Ceilings
    
    SUPPORT & SERVICE CENTERS

18. Functions
    1. ADPE Operations
    2. Occupancy Costs
    3. Central Services
    4. Other
19. Treatment Of Costs
    1. Pooling
    2. Direct Cost
    3. Special Facility Allocation
    4. Pooled Costs Allocation
       1. Resource consumption
       2. Output
       3. Surrogates
    
    CHANGES IN ACCOUNTING

20. What Is A Change
    1. CASB Criteria
    2. Govt Imposed
    3. Contractor Initiated
    4. Timing Problems
    5. Materiality Issues
21. When To Change
    1. New Products
    2. Organizational Changes
    3. Contract Mix Changes
    4. Competitive Pressures
22. Effect On Contract Price
    1. Increases
    2. Decreases
    3. Pitfalls
    
    CURRENT ISSUES

23. Winds Of Change
24. DCAA Trends
    1. Direction
    2. Authority
    3. Influence

Louis Rosen   Certified Public Accountant and attorney • Government Contract Services, Ernst & Young LLP • Formerly served as Associate Director of the Cost Accounting Standards Board • Past faculty member of the University of Maryland's College of Business Management • Active in numerous professional organizations, including the American Institute of Certified Public Accountants, the Association of Government Accountants and the National Contract Management Association • Bachelor of Science (magna cum laude), Masters and Doctorate in Business Administration from University of Maryland; Juris Doctor from Maryland's School of Law.

James M. Weitzel, Jr.   is Senior Counsel, Northrop Grumman Government Solutions • Formerly in private practice in the Washington, DC law offices of Fried, Frank, Harris, Shriver & Jacobson • Concentrates on Government contract matters • Former contract administrator for the Defense Contract Administration Services and contract negotiator for the Naval Air and Naval Sea Systems Commands • Lectures and has written widely on Government contract cost and cost accounting issues • Bachelor of Arts from Pennsylvania State University; Master of Arts degree from Duquesne University; Juris Doctor degree from Catholic University, where he served as an editor of the Law Review.