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contract-auditing-training

Contract Auditing Training

Gain a strong knowledge of Contract Auditing. Get started Now! 

 

About Program

Highest Quality and the Most Productive, High Energy Learning Experience.

Curriculum

Comprehensive Course Curriculum. Customizable to full-fill your trainer needs.

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About Program

myTectra the Market Leader in Contract Auditing Training in Bangalore
myTectra offers Contract Auditing Training in Bangalore using the Class Room. myTectra offers Live Online Contract Auditing Training Globally.
 
 

Success Factors:

  • High-Quality Training
  • Top Technical Trainers
  • Comprehensive Course Curriculum
  • 100% Placement Assistance
  • Superb Satisfaction Score
  • Internship on Real-Time Project 
  • 3I- Individual Focus, Innovative & Interactive

Curriculum

INTRODUCTION:
 
Gain the knowledge and skills necessary to develop a forward-pricing proposal to address how to evaluate a contractor's estimate of costs to perform a government contract. Using two case studies to learn how to audit the various elements of the proposal: direct labor, direct material, and indirect costs. Also learn how to incorporate quantitative audit techniques -- statistical sampling, correlation analysis, and improvement curve -- in performing the audit. Develop a historical cost audit to determine whether the contractor is entitled to be reimbursed for costs claimed on contracts. Learn how to use the Federal Acquisition Regulations (FAR) and the Cost Accounting Standards to determine the allowability, allocability, and reasonableness of costs. Learn how to calculate indirect allocation rates and how they are applied to contracts. Applicable sections of the FAR are included as part of your materials for this course.
 
OBJECTIVES:
 
  • Describe the types of contract audits and related concerns, and the specific purposes of price proposal and historical cost audits
  • Determine the allowability of costs using acquisition regulations and cost accounting standards
  • Select and apply the methodology and quantitative audit techniques applicable to price proposal and historical cost audits
  • Perform price proposal and historical cost audits
WHO SHOULD ATTEND:
 
Auditors and others involved in auditing forward pricing and historical contracts
 
Course Outline: 
 

1. Overview of Contract Auditing

2. Federal Acquisition Regulations (FAR)

3. Cost Accounting Standards (CAS)

4. Allocation of Costs

5. Quantitative Techniques

6. Performing a Price Proposal Audit

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