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CON 251 Fundamentals of Cost Accounting Standards—Part II
(Last Modified:07-Feb-2013)

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Description
Fundamentals of Cost Accounting Standards—Part II provides detailed, hands-on instruction in the various aspects of Public Law 100-679, including the rules and regulations of the Cost Accounting Standards Board and cost accounting standards. Whereas Part I addresses only those standards applicable to modified cost accounting standards coverage, Part II addresses additional standards for full cost accounting standards coverage situations.
Objectives
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Target Attendees
This assignment-specific course is designed for civilian (or equivalent military) personnel, GS-9 and above, with at least 2 years of experience in the Contracting career field. Personnel should be responsible for CAS administration for one or more fully covered contractors or have a current (or pending) assignment dealing with fully covered contractor CAS issues on a regular basis.
Prerequisite(s)
Required:
  • CON 250, Fundamentals of Cost Accounting Standards—Part I

    Recommended:
  • Completion of a first-year college accounting course
  • Predecessor Course(s) (Acceptable as a substitute for this course until the acceptance date specified below.)
    Predecessor Predecessor Course Title PDS Code Accepted Until
    None None None None
    Course Length
    4.5 class days
    Additional Course Information
    Delivery Mode Resident
    Equivalent Courses None
    ACE Recommended Credits N/A
    PDS Code BZN
    Additional Public Information YES
    Continuing Education Units   3
    Continuous Learning Points  30
    Reservist Retirement Points  0
    Historical Allocations Mouse Over for Past CEU/CLPs
    Notes
  • Participants must provide and be familiar with a basic function calculator.
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