Cost Accounting Standards – CAS 406, 407 and 408 – 2019

In conjunction with Federal Publications Seminars, this webinar will cover CAS 406, 407 and 408 which includes: cost accounting period (406); use of standard costs for direct material and direct labor (407); and accounting for costs of compensated personal absence (408). Learning objectives include:

  • The importance of the consistent use of your company’s fiscal year as the accounting period
  • The CAS definition of standard costing
  • The intent and expectation of the government for personal absences
  • How to use standard costs in the estimating, accumulating, and reporting of direct labor and materials costs
  • How to account for the costs of personal absences by period

 

This webinar was produced with our partner, Federal Publication Seminars and requires payment prior to viewing.

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