Course

Course Summary
Credit Type:
Course
ACE ID:
DAU-0284
Organization's ID:
CMC 232
Organization:
Defense Acquisition University
Location:
Classroom-based
Length:
4.5 days (33 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Contract Management, Business Administration, or Accounting. Students Seeking Credit For This Course Must Also Complete Cmc130 (Dau-0283)
Description

Objective:

The course objective is to provide foundational knowledge on indirect cost. Through the use of case studies, the student will engage in critical thinking, discussion, and practice exercises to refine their skills in understanding indirect cost rates.

Learning Outcomes:

  • Identify core knowledge associated with establishing final indirect cost rates
  • Using the Defense Contract Audit Agency (DCAA) checklist and Federal Acquisition Regulation (FAR) guidance, determine the adequacy of a given contractor incurred cost proposal
  • Identify the circumstances under which quick closeout rates are established
  • Recall documentation tips for each step of the settlement process
  • Identify whether a low-risk adequacy review memo is acceptable
  • Perform a review of an audit report for items that might impact the negotiation position of the pre-negotiation objective memorandum
  • Identify the key actions on the price negotiation memorandum required to establish tentative final indirect cost rates
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Classroom Exercise
  • Discussion
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Case Studies
  • Examinations

Minimum Passing Score:

80%
Supplemental Materials