Lesson 9: Accounting Considerations
Course ID: SSIEVM1209
Course Credit: 1.0 Hour
Course Handout: Provided at session start
Lesson 9: Accounting Considerations
Objective: Explain financial tracking and accounting requirements in an EVMS context, including changes in EIA-748 guidelines.
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Role of accounting in tracking direct and indirect costs
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Use and purpose of estimated actuals to align ACWP and BCWP in the same period
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Cost summarization by WBS and OBS (Guidelines 17 & 18—being phased out in Rev E)
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Treatment of indirect costs, rate types (forward pricing, billing, final)
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Managing material costs: recognition timing (receipt, stock, consumption)
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Unit and lot costing in production environments
