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White graduation cap icon CON 7040  Cost Accounting Standards, Part 1

Cost Accounting Standards, Part 1

This Online Training (OLT) course, Cost Accounting Standards, Part 1, is part of a three-course series on the Cost Accounting Standards (CAS). CON 7040 provides instruction in the various aspects of Public Law 100-679, and the history and applicability of the CAS. Students will also learn the techniques for application and fundamental requirements of CAS 401, 402, 405, and 406, or what is often referred to as modified CAS.



This course is required for the CCON 010 credential Click Here to Learn More.

REQUIRED PREREQUISITES

None

PREDECESSOR COURSES

TARGET AUDIENCE

The primary audience for the course is DCMA level 1102 personnel. A secondary audience is contracting officers and contract specialists who award contracts that are subject to the Cost Accounting Standards (CAS) or must comply with the CAS for costs to be considered allowable. Recommended attendees are civilians GS-9 or above, and military equivalents.

NOTES

  • All exams in this course must be passed with a minimum score of 80%.
  • There is no time limit for completing this course.
  • After completing the course, please be sure to complete the survey at the end.
  • The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits).