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1 hr, 30 mins
This is session 4 of 9 in the Procurement University webinar series.

In this session, we will discuss Cost Accounting Standards (CAS) including both full and modified CAS coverage. You will learn about each of the standards, applicability, exemptions, and CAS administration issues such as changes to cost accounting practices.

Learning Objectives: By the end of the webinar you should be able to:
  • Understand the purpose of Cost Accounting Standards (CAS);
  • Identify the specified exemptions to CAS;
  • Analyze whether or not a contract is subject to CAS based on contract clauses and thresholds and if covered, whether modified or full coverage is required; and
  • Have a basic understanding of the cost accounting practice changes.  

About Our Experts
  • Eric Hayman
    Director, Capital Edge Consulting
    Eric Hayman has over 15 years of experience providing professional support to government contractors and government agencies in the areas of compliance, accounting and training. He specializes in the Federal Acquisitions Regulations, Cost Accounting Standards, Government Audits and Contract’s Finance Management. He has worked closely with Chief Financial Officers, Controllers, Vice Presidents, and General Counsels among others, and brings experience from a wide range of engagements.

    Eric has provided Government Contracting Services to a wide range of Industries, including Aerospace and Defense, Pharmaceuticals and Biotech Sectors, Manufacturing and Professional Services. His clients range from small start-ups to large, publicly-held, multi-national organizations.
    Education
    B.A. Accounting and Business Administration
    Eric graduated from Flagler College, Magna Cum, with a Bachelor of Arts Degree in both Accounting & Business Administration.
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