Topics

Cost Accounting Standards

2 signals

Signals

Defense Acquisition Regulatory Compliance Cost Accounting Standards Commercial Acquisition Defense Industrial Base Policy

13 days ago

Pentagon Memo Targets CAS Relief and Faster Portfolio-Level Acquisition Decisions

A September 14 memorandum from Deputy Secretary of War Stephen Feinberg directs reforms to reduce reliance on Cost Accounting Standards, accelerate commercial acquisition, and shift authority to portfolio-level executives. Contractors should track upcoming Cost Accounting Standards Board proposals and agency implementation plans, which will determine how the changes affect compliance and procurement decisions.

Regulatory Compliance Professional Services Federal Procurement Cost Accounting Standards Policy

101 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.