Cost Accounting Standards: A Time for Government and Industry Action,

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Abstract:

From its inception in 1970, the Cost Accounting Standards Board CAS Board was the subject of considerable controversy. In September 1980, Congress declined to continue funding of the Board and it ceased operations. But the nineteen Standards promulgated by the Board continue today as a part of the law. Consequently government and industry alike have found themselves without an authoritative body to interpret the Standards and issue corrections, exemptions and waivers. This paper will examine the history of the Board, some of the current problems, and discuss several of the alternatives that are available at this time for dealing with the situation created by the demise of the Cost Accounting Standards Board.

Author(s):
Sullivan, P. D.
Author Organization(s):
AIR FORCE BUSINESS RESEARCH MANAGEMENT CENTER WRIGHT-PATTERSON AFB OH
Supplementary Note:
This article is from 'Proceedings of the Federal Acquisition Research Symposium with Theme: Government, Industry, Academe: Synergism for Acquisition Improvement, held at Williamsburg, Virginia on 7-9 December 1983,' AD-A137 700, p112-117.
Pagination:
0006

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release

RECORD

Collection: TR
Subject Terms
Communities of Interest:
No COI(s) Identified
Descriptor(s):
*Government procurement, *Costs, *Accounting, *Standards, Cost effectiveness, Cost estimates, Cost overruns, Requirements, Contract administration, Logistics management, Management planning and control, Regulations, Policies, Acquisition, Symposia
Keyword(s):
Component Reports, Cost accounting, CAS(Cost Accounting Standards)
Report Date:
1982 Jan 01