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OnDemand Course

Government Contract Cost and Price Analysis

Learn different price-setting strategies and cost analysis to ensure you're creating the most value for your organization.

Companies must follow specific requirements for cost and price analysis when purchasing products in support of government contracts. While many of the techniques are similar, the method chosen for each procurement must be logically sound and well-documented. In this fast-paced program, we'll discuss the differences between cost analysis and price analysis, unique considerations for government contractors, and compliance documentation necessary for the Contractor Purchasing System Review (CPSR).

64 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Importance of CPSR Compliance

  • Required for Many Government Contractors
  • Point of Failure for Many Government Contractors
  • Can Result in Financial Burden to Contractor

Difference Between Cost Analysis and Price Analysis

  • What Is Cost Analysis?
  • What Is Price Analysis?
  • When Do I Execute Each?

Importance of Selecting One Method

  • If One Method Is Good, Two Should Be Better
  • Why Two (or More) Methods Lead to Confusion

CPSR Documentation Requirements

  • What Are the File Requirements?
  • Why Does It Matter?
  • Is There Any Software to Help Me?
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on December 20, 2022.

Call 1-866-352-9540 for further credit information.

  • AIPB 1.0
     
  • This program is acceptable for 1.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • ISM 1.0
     
  • Participants who successfully complete this program will receive 1.0 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Robert Jones, CPA

Robert Jones, CPA

Left Brain Professionals, Inc.

Robert E. Jones

  • President and founder of Left Brain Professionals Inc.
  • Operational and strategic accounting support, software and tools, resources, and training
  • Accomplished speaker with National Contract Management Association, Association of Procurement Technical Assistance Centers, Institute of Management Accountants, and many more
  • Author of multiple articles published in Contract Management/CM magazine and creator of multiple seminars and webinars
  • Licensed CPA in the state of Ohio, member of the American Institute of Certified Public Accountants (AICPA) and National Contract Management Association (NCMA)
  • M.S. degree in accounting, College of Charleston; B.A. degree in accounting, Queens University of Charlotte
  • Can be contacted at [email protected] or 614-556-4415
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

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Product ID: 408764
Published 2022
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