accountant, accounting standards, cost accounting and Maine

Overview of Cost Accounting Standards (CAS) for Government Contractors

Cherry Bekaert

JUNE 25, 2024

Among those regulations are the Cost Accounting Standards (CAS), which are one of the most common challenges faced by emerging government contractors. Compliance with CAS is a contractual obligation, and failure to adhere to these standards can result in financial penalties, contract adjustments and contract termination.

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accounting standards cost accounting Government Account

Cost Accounting Standards (CAS): A Comprehensive Overview for Government Contractors

Cherry Bekaert

OCTOBER 17, 2023

Cost Accounting Standards (CAS) are 19 standards and rules promulgated by 41 U.S.C. These standards impact emerging small and large businesses alike. Ultimately, the Federal government wants a reliable basis for cost comparison and decision making. View all Government Contracting Podcasts Questions?

accounting standards

accounting standards cost accounting Government Account

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Overview of Cost Accounting Standards (CAS) for Government Contractors

Cost Accounting Standards (CAS): A Comprehensive Overview for Government Contractors

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