CAS 420 – Accounting for Independent Research & Development (IR&D) Costs and Bid & Proposal (B&P) Costs (Part 2 of 3)

Government Contracts Accounting: *This is Part 2 of a 3-part blog.  Each part addresses the fundamental requirements and techniques for application related to the standard, and provides specific examples. Part 1 addressed the overall purpose of the standard, as well...