Cost Accounting Standard Considerations for a Growing GovCon
Cherry Bekaert
NOVEMBER 6, 2023
Contact Us The post Cost Accounting Standard Considerations for a Growing GovCon appeared first on Cherry Bekaert.
accounting standards accounting system cost accounting 
110 
Cost Accounting Standards (CAS) Series: Implications When Acquiring Companies
Cherry Bekaert
JANUARY 30, 2024
In the third episode of Cherry Bekaert’s Cost Accounting Standards (CAS) podcast series, Brendan Halloran , a Director with Cherry Bekaert Advisory, is joined by Jeffery Annessa , a Senior Manager in Cherry Bekaert’s Government Contractor Industry practice, to discuss CAS implications during mergers and acquisitions.
Join 237,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
Cost Accounting Standards—General Dollar Magnitude vs. Detailed Cost Impacts
Cherry Bekaert
JULY 30, 2024
In the fourth episode of Cherry Bekaert’s Cost Accounting Standards (CAS) podcast series, Brendan Halloran , a Director in Cherry Bekaert’s Government Contracting Industry practice, is joined by Jeff Annessa , a Senior Manager in the Firm’s Government Contracting practice.
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.
Contractor Business Systems Series: Part 1 — The Ins and Outs of Government Contractor Accounting System Requirements
Cherry Bekaert
JUNE 27, 2024
If significant system deficiencies are identified and not corrected, the DoD can impose substantial consequences, such as withholding a percentage of payment or deeming a contractor ineligible to submit bids. Table of Contents: What Are the Requirements for an Adequate Accounting System?
Navigating Compliance and Contractor Business Systems
Withum
MARCH 29, 2023
If you receive federal awards, whether a grant or commercial contract, you are a government contractor and are subject to cost principles. As a result, you may be subject to cost accounting standards and acceptable business systems.
Contractor Business Systems Series: Part 2 – Cost Estimating System Requirements
Cherry Bekaert
JULY 29, 2024
They also want to see fair and reasonable costs for subcontractors and other direct costs. The Cost Accounting Standards (CAS) also come into play if a contractor is CAS-covered. When Should a Contractor Consider a Cost Estimating System?
Let's personalize your content