DoD Wants Commercial Accounting and Deeper Cost Transparency—Can Contractors Realistically Deliver Both?
Cost Accounting Standards Office Manager Cost Accounting Standards Office Manager

DoD Wants Commercial Accounting and Deeper Cost Transparency—Can Contractors Realistically Deliver Both?

DoD is moving toward GAAP and away from government-unique Cost Accounting Standards while simultaneously seeking deeper contractor and supplier cost transparency. Those objectives may conflict because commercial accounting does not necessarily produce traditional government cost detail. Contractors should monitor implementation and reassess accounting systems, pricing support, audit exposure, and cost-data capabilities.

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CAS-GAAP Conformance Shows Cost Accounting Reform Is Also a Competition Issue
Coast Accounting Standards Office Manager Coast Accounting Standards Office Manager

CAS-GAAP Conformance Shows Cost Accounting Reform Is Also a Competition Issue

CAS-GAAP conformance rescinds CAS 408 and 411, removes most of CAS 404 and 409, and shifts reliance toward GAAP. Contractors should review cost-accounting policies, disclosure statements, pricing templates, estimating practices, and cost-volume support before assuming the reform eliminates federal cost-accounting obligations.

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