Government Contracting Accounting: FAR Cost Principles and DCAA Readiness
5 CPE Credit Hours
After completing this course, participants will be able to:
Apply FAR Part 31 cost principles to determine whether costs are allowable and allocable, and document decisions in a way that holds up under audit.
Design indirect rate structures and perform rate calculations that are consistent, supportable, and aligned with government contracting expectations.
Implement timekeeping and labor charging controls that meet compliance expectations and reduce risk of questioned costs or audit findings.
Prepare audit-ready support packages and response processes that reduce disruption and address the most common DCAA problem areas.
QAS Self-Study
Prerequisites: None
Advance preparation: None
Field of Study: Specialized Knowledge – Technical
5 CPE credits
Published Date: 04/02/2026
Expiration/Review Date:04/02/2027
Participants must successfully complete the qualified assessment with a minimum of 70% accuracy within one year of course enrollment to obtain a certificate of completion and earn 5 CPE credits.