Description
Learn different pricesetting 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 welldocumented. In this fastpaced 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).
Date: 2022-12-20 Start Time: End Time:
Learning Objectives
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?
AIPB ,ISM ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Robert Jones, CPA-Left Brain Professionals, Inc.
