The Cost Accounting Standards Board, a group set up by Congress in 1970 to make sure federal contractors charge their costs appropriately, is finally making some progress in aligning its 19 cost ...

Cost Accounting Standards. The Cost Accounting Standards Board (CASB) has published four standards applicable to educational institutions. These standards deal with the ability to allocate the costs ...

A new study by Dr. Heylel-li Biton of the Hebrew University Business School sheds light on a long-standing question in global ...

Cost Accounting Standards (CAS) are Federally-mandated accounting standards intended to increase the uniformity and consistency of cost accounting practices among educational institutions. For more ...

OMB Uniform Guidance and the cost accounting standards both provide guidance to determine whether an item should be treated as direct or as an indirect cost. Since the University is subject to both ...

12:00 pm - 1:30 pm. Recent Decisional law on Cost Accounting Standards (CAS) The continuing evolution an dimpact of Statute of Limitations (SOL) and government and contractor cost claims ...

The Accounting and Auditing Policy Committee of the Federal Accounting Standards Advisory Board (FASAB) is proposing to withdraw one of its technical releases on accounting for inter-entity costs for ...

In the first article of this series of articles related to selling to the federal government, I discussed federal acquisition regulations (FAR), cost accounting standards (CAS) and the types of ...

Large government contractors are required to comply with these cost accounting standards. While small contractors are typically exempt from the rigorous requirements of 48 CFR Part 99, ...

Cost accounting principles designate costs either as direct costs or as overhead. Direct costs are costs you would not incur if you did not carry out the related activity.