The basic requirement of CAS 405 and FAR 31.201-6 are that unallowable costs be identified and excluded from any billing, claim, or proposal applicable to a Government contract. Accounting for unallowable costs can be a bit more complex. Some of the things to consider... Are the costs unallowable due to FAR or are they unallowable due to contract terms or ceilings? Are you properly accounting for the unallowable directly associated costs? What about unallowable overhead costs? Come learn valuable tips and tricks for GCS Premier to accurately account for unallowable costs and insure your complete compliance with the requirements of CAS 405 and FAR31.201-6. Intermediate Level.
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