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This is session 1 of 4 in the Unpacking Cost Accounting Practices series.

Cost accounting practices are the foundation for cost-based acquisition – for both contract pricing and contract accounting.  But what is a cost accounting practice?  Do Government contract cost accounting practices differ from financial accounting practices.  What if my contract has not triggered Cost Accounting Standards (CAS), what are the ramifications for non-CAS covered contracts?  So many questions to unpack.  This 1st webinar will start with the basics and establish the foundation for this 4-part web series.  We’ll define cost accounting practices and discuss key requirements for CAS and non-CAS covered contracts.  

Learning Objectives:  By the end of this session, participants will be able to define and identify cost accounting practices and ascertain differences between financial and Government contract accounting practices.  


About Our Experts
  • Deborah Nixon
    Founder & Managing Officer, Crosshair Advisors
    Deborah Nixon, is a nationally recognized trainer, licensed Certified Public Accountant (CPA) and career dedicated Government contracts practitioner with over 30 years of experience. Deborah is the founder of Crosshair Advisors, and a retired Partner with Ernst & Young’s Government Contract Services practice where she worked for 25 years. Before joining EY, she held management positions with both large and emerging growth contractors including Motorola and General Dynamics.
    EDUCATION

    Masters of Business Administration in Strategy and Entrepreneurship from University of North Carolina’s Kennan-Flagler Business School

    Honor student inducted into the Beta Gamma Sigma Honor Society

    Bachelor’s Degrees in Finance and Economics from University of Maryland

    Attended American University’s Graduate Accountancy Program

    Holds a Certificate in Corporate Governance and Board Effectiveness from Northwestern University, Kellogg School of Management
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