Many businesses that do work for a client need to acquire goods or assets on behalf of the client in order to produce the agreed-upon work. For instance, a design firm would need domain names or ...

Cost accounting provides companies with more flexibility than general accounting methods, but this comes with added complexity and a higher cost.

The White House Office of Management and Budget’s Cost Accounting Standards Board published a final rule and a proposed rule ...

Washington, D.C. - Today, the Office of Management and Budget’s Cost Accounting Standards (CAS) Board, chaired by the Office ...

In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...

The White House is proposing to eliminate dozens of accounting requirements for federal contractors it considers "unnecessary ...