Cost Accounting, TINA and Business Systems

Lessons

1. Certified cost or pricing data (TINA)

   Professional20 min
   Available
   • Know when certified cost or pricing data is required.
   • Recognise the exceptions.
2. Allowable, allocable and reasonable costs

   Practitioner20 min
   Available
   • Apply the three tests to an expense.
   • Spot costs the FAR makes unallowable.
3. The Cost Accounting Standards in plain terms

   Professional20 min
   Available
   • Know when CAS coverage applies.
   • Describe what a disclosure statement is.
4. Indirect rates and incurred cost submissions

   Professional20 min
   Available
   • Explain how indirect rates are settled.
   • Prepare for an incurred cost audit.
5. Contractor business systems

   Professional15 min
   Available
   • Name the business systems the DFARS reviews.
   • Know what happens when one has a material weakness.
6. Earned value management

   Professional20 min
   Available
   • Explain the core earned value measures.
   • Know when an earned value management system is required.