This is session 10 of 12 in the FPS CAS series. This webinar will cover CAS 416 and 417 which includes the subjects of: accounting for insurance costs (416), and cost of money as an element of the cost of capital assets under construction (417). After completing this webinar, you will be able to: Understand: a. Government requirements around insurance costs. b. How Facilities Capital Cost of Money (FCCM) is applied for capital assets under construction. Learn: a. How to calculate project losses, and administrative expenses. How to allocate the cost of insurance to the appropriate accounting period(s). b. How to calculate FCCM for both tangible and intangible capital being constructed, fabricated, or developed for a contractor's own use.