by David Capitano, Instructor/Cost Accounting Consultant | Mar 29, 2013 | The Practical CAS
*This is Part 1 of a 3-part blog. Each part addresses the fundamental requirements and techniques for application related to the standard, and provides specific examples. This Part 1 addresses the general requirements/techniques, as well as those related to... by David Capitano, Instructor/Cost Accounting Consultant | Mar 4, 2013 | The Practical CAS
*This is Part 2 of a 2-part blog CAS 404 Fundamental Requirement. Part 1 of this blog addressed (i) the basic fundamental requirements at CAS 404-40(a), 404-(b)(1), and 404-(b)(2); and (ii) the techniques for application at CAS 404-50(a), as well as the fundamental... by David Capitano, Instructor/Cost Accounting Consultant | Feb 4, 2013 | Accounting, Audits, Cost, and Pricing, The Practical CAS
*CAS 404 Capitalization of Tangible Assets. This is Part 1 of a 2-part blog. This Part 1 addresses (i) the basic fundamental requirements at CAS 404-40(a), 404-(b)(1), and 404-(b)(2); and (ii) the techniques for application at CAS 404-50(a), as well as the... by Members & Staff | Jan 22, 2013 | Accounting, Audits, Cost, and Pricing, Audits & DCAA
Guest Authors: Capital Edge Consulting (http://capitaledgeconsulting.com/): The recent GAO report on the backlog of audits of Incurred Cost Proposals is unfocused. The conclusion highlights the fundamental issue at hand in the statement, “DOD has fallen far behind in... by David Capitano, Instructor/Cost Accounting Consultant | Jan 10, 2013 | The Practical CAS
CAS 402- Consistency in Allocating Costs Incurred for the Same Purpose. Purpose/Fundamental Requirement: Each type of cost shall be allocated only once and on only one basis to any contract or other final cost objective. The standard is necessary to prevent double... by Members & Staff | Dec 12, 2012 | Accounting, Audits, Cost, and Pricing, Audits & DCAA
DoD IG Critical of DCMA Proposal Audits by Darrell Oyer, Darrell J. Oyer & Co.: In 2010 DOD issued guidance to contracting officers raising the contract value for requesting a proposal audit from $650,000 to $10 million for fixed-price contracts and from $10...