# Independent Government Cost Estimate (IGCE) Refresher Course (Self-Paced)

Canonical URL: <https://www.graduateschool.edu/courses/independent-government-cost-estimate-igce-refresher-course-self-paced>

## Overview

Stop guessing and start estimating. This 1-day virtual instructor-led course equips acquisition, financial, budget, and program professionals with the tools to develop Independent Government Cost Estimates (IGCEs) that are accurate, defensible, and FAR-compliant. From market research and methodology selection through labor rates, defensible documentation, and modern Waterfall, Agile, and Hybrid contract pricing.

## What you'll learn

- Identify the regulatory triggers and purpose of the IGCE within the FAR.
- Translate a SOW or PWS into a Work Breakdown Structure (WBS).
- Apply the five primary cost estimation methods and choose the right one.
- Build fully burdened labor rates (fringe, overhead, G&A, profit/fee).
- Conduct and document market research using government data sources.
- Draft a Basis of Estimate (BOE) and handle escalation and volatility.
- Apply Agile/software estimating and compare the IGCE to vendor proposals.

## Curriculum

#### Module 1: Overview of U.S. Government Standard General Ledger

- Module 1 Learning Outcomes
- Overview of Standard General Ledger
- Purpose of the SGL
- Why Is the SGL Needed?
- Accrual Accounting
- Responsibility for the SGL
- SGL References

#### Module 2: Structure of the U.S. Government Standard General Ledger

- Module 2 Learning Outcomes
- Sections of the SGL
- Posting Journal Entries
- Chart of Accounts
- Normal Balances
- Proprietary Accounts in the SGL
- Budgetary Accounts in the SGL

#### Module 3: Overview of Budgetary Accounting

- Module 3 Learning Outcomes
- Overview of Budgetary Accounting
- Status of Budgetary Resources
- Journal Entries for Standard Budgetary Transactions

#### Module 4: Overview of Proprietary Accounting

- Module 4 Learning Outcomes
- Purpose of Proprietary Accounts
- Journal Entries Used in Proprietary Accounting

#### Module 5: Connecting Basic Budgetary Accounting with Proprietary Accounting

- Module 5 Learning Outcomes
- Determining Where an Event Is Recorded
- Journal Entries Linking Budgetary and Proprietary Accounting

#### Module 6: Reimbursable and Revolving Fund Transactions

- Module 6 Learning Outcomes
- Flow of Reimbursable Resources
- Collections Other Than Through Reimbursable Work Agreements

#### Module 7: Adjusting and Closing Entries

- Module 7 Learning Outcomes
- Adjusting the Accounts
- Adjusting Entries
- Closing Entries

#### Module 8: Financial Statements

- Module 8 Learning Outcomes
- Generating the Financial Statements
- Overview of a Crosswalk
- Form and Content of Financial Statements
- External Reporting Requirements

#### Module 9: Course Review Quiz

- Review Questions on Journal Entries, SGL, Accounting Laws, OMB Publications, and Equations

## Pricing

**Tuition:** $649