In conjunction with Federal Publications Seminars, this webinar will cover CAS 416 and 417 which includes the subjects of: accounting for insurance costs (416), and cost of money as an element of the cost of capital assets under construction (417). Learning objectives include:

• Government requirements around insurance costs
• How Facilities Capital Cost of Money (FCCM) is applied for capital assets under construction
• How to calculate project losses and administrative expenses
• How to allocate the cost of insurance to the appropriate accounting periods
• How to calculate FCCM for both tangible and intangible capital being constructed, fabricated, or developed for a contractor's own use

Cost Accounting Standards - CAS 414 and 415 – 2019 In conjunction with Federal Publications Seminars, this webinar will cover CAS 414 and 415 which includes the following: cost of money as an element of the cost of facilities capital (414), and accounting for the cost of deferred compensation (415). Learning objectives include:

• Understanding Facilities Capital Cost of Money (FCCM) and how it is utilized
• Government requirements around deferred compensation
• How to calculate and apply FCCM
• How to calculate the cost of deferred compensation and assign it to the appropriate cost accounting periods

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