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2 hours
This is session 3 of 3 in the CAS - Beyond Just the Standards series.

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.    


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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