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    Home/News/Topics/Cost Accounting Standards

    Topics

    Cost Accounting Standards

    1 signal

    Signals

    Regulatory ComplianceProfessional ServicesFederal ProcurementCost Accounting StandardsPolicy
    20 days ago

    Cost Accounting Standards Board Sets Federal Procurement Cost Rules

    The Cost Accounting Standards Board (CASB) reaffirms its role in establishing essential cost accounting standards for federal contracts. This impacts procurement practices across agencies, especially for defense and general services. Contractors must adapt their accounting practices to comply with these standards to ensure integrity and uniformity in federal contracting.