---
title: Basics of Cost Accounting System Under FAR and 2 CFR 200 Webinar
description: This FREE webinar will offer attendees an overview of the similarities and differences between a cost accounting system necessary to support the requirements of FAR-based contracts and 2 CFR 200-based grants and cooperative agreements.
image: https://info.redstonegci.com/hubfs/RGCI---Getting-Data-Out-of-Costpoint---Beyond-the-Standard-PDF-Training-Webinar-Featured-Page-1.jpg
---

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# Basics of Cost Accounting System Under FAR and 2 CFR 200 Webinar

## **Overview**

This FREE webinar will offer attendees an overview of the similarities and differences between a cost accounting system necessary to support the requirements of FAR-based contracts and 2 CFR 200-based grants and cooperative agreements.

## **Learning Objectives**

At the completion of this one-hour webinar, participants will be able to understand:

- The differences between FAR and 2 CFR 200
- What a cost accounting system is, and why it is important
- The requirements of a cost accounting system

## **Program Content**

During the webinar, your faculty will discuss:

- What requires you to have an adequate cost accounting system
- The cost principles by organizational type that drive the requirements
- A side-by-side comparison of the requirements

## About Redstone GCI

RGCI enables contractors doing business with the U.S. government to comply with the complex and challenging procurement regulatory provisions and contract requirements by providing superior cost, pricing, accounting, and contracts administration consulting expertise to clients expeditiously, efficiently, and within customer expectations. Our consulting expertise and experience is unparalleled in understanding unique challenges of government contractors, our operating procedures are crafted and monitored to ensure rock-solid compliance, and our company’s charter and implementing policies are designed to continuously meet needs of clients while fostering a long-term partnership with each client through pro-active communication with our clients.

#### **For more information, contact:**

Lori Beth Moses,   
[lmoses@RedstoneGCI.com  
](mailto:lmoses@RedstoneGCI.com)256-704-9811

**Redstone Government Consulting, Inc.**  
501 Madison Street SE, Suite 100  
Huntsville, AL  35801  
Website: [www.redstonegci.com](https://www.redstonegci.com)

## **Webinar Details**

**Cost: **Free

***Webinar - Registrants will Receive Login Details***

*This is a recorded version of a previously delivered, live webinar, therefore CPE is not offered for this training webinar.*

### Attendee Registration

## Instructors

[![John-Shire-Redstone-Government-Consulting](https://info.redstonegci.com/hs-fs/hubfs/images/Staff_/John-Shire-Redstone-Government-Consulting.png?width=200&height=300&name=John-Shire-Redstone-Government-Consulting.png)](https://redstonegci.com/team/john-c-shire-cpa/)

### **John C. Shire, CPA**

### **Director**

John is a Director with Redstone Government Consulting, Inc. providing government contract consulting services to our clients primarily related to the DFARS business systems, CAS Disclosure Statements, and DCAA/DCMA compliance preparation, advisory, and defense. Prior to joining Redstone Government Consulting, John served in a number of capacities with DCAA/DCMA for more than 30 years. Upon his retirement, he was based in Texas as an SES-level Corporate Audit Director for DCAA, managing a staff of 300 auditors at one of the largest DOD programs.

[More About John...](https://redstonegci.com/team/john-c-shire-cpa/)

 

[![Lynne-Nalley](https://info.redstonegci.com/hs-fs/hubfs/Lynne-Nalley.png?width=200&height=300&name=Lynne-Nalley.png)](https://redstonegci.com/team/lynne-nalley-cpa/)

### **Lynne Nalley, CPA**

### **Director**

Lynne is a Director with Redstone Government Consulting, Inc. providing government contract consulting services to our clients primarily related to Commercial Item Determinations and support, Cost Accounting Standards, DFARS Business System Audits, Proposals, and Incurred Cost. Prior to joining Redstone Government Consulting, Lynne served in several capacities with DCAA and DCMA for over 35 years.

[More About Lynne...](https://redstonegci.com/team/lynne-nalley-cpa/)

Redstone Government Consulting, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: [www.nasbaregistry.org.](http://www.nasbaregistry.org.)

**Redstone Government Consulting**  
501 Madison Street SE, Suite 100  
Huntsville, AL 35801

**Phone: ** [256.704.9800](tel:2567049800)  
**Email Us**[ info@redstonegci.com](mailto:info@redstonegci.com)

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