Team of advisors analyzes data

DCAA audits of CAS cost impact proposals

This is the last session in the Federal Publications Seminars (FPS) Defense Contract Audit Agency (DCAA) Audits webinar series.

Join Baker Tilly’s Drew Lewis and Shannon Ridge for a one-hour webinar as they provide an overview of the cost impact process, with a specific focus on the parties involved in the review and audit, along with expectations from DCAA. The webinar will discuss the factors that contribute to a cost accounting practice change and the requirements to submit a cost impact, including identifying the change, determining the impact population, calculating the impact and driving toward resolution. In addition, the discussion will address many of the key deliverable expectations included in DCAA’s Cost Impact Adequacy Tool and areas of emphasis during the audit.

This session will cover the following learning objectives:

  • Overview of the cost impact process, including parties involved
  • Characteristics of a cost accounting practice change
  • Understanding the difference between a General Dollar Magnitude and a detailed cost impact
  • Common risk factors to think about that may be raised during a cost impact proposal audit
  • Overview of DCAA’s Cost Impact Adequacy Tool

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