Accession Number : ADP002767

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

Corporate Author : AIR FORCE BUSINESS RESEARCH MANAGEMENT CENTER WRIGHT-PATTERSON AFB OH

Personal Author(s) : Sullivan,P. D.

Report Date : 1983

Pagination or Media Count : 6

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.

Descriptors :   *Government procurement, *Costs, *Accounting, *Standards, Cost effectiveness, Cost estimates, Cost overruns, Requirements, Contract administration, Logistics management, Management planning and control, Regulations, Policies, Acquisition, Symposia

Distribution Statement : APPROVED FOR PUBLIC RELEASE