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Encoursa Webinar: Cost Accounting Standards
May 12, 2020 @ 3:00 pm – 4:00 pm
The Cost Accounting Standards (CAS) are a unique set of requirements designed to achieve uniformity and consistency in the cost accounting principles followed by defense contractors and subcontractors. CAS are only applicable to federal government contractors and subcontractors, and only to a subset of all contracts awarded. The standards require them to disclose in writing their cost accounting practices, to follow the disclosed practices consistently and to comply with promulgated cost accounting standards. During this webinar we will provide an overview of CAS, how it affects your accounting system policies and procedures and the importance of incorporating the standards regardless if a contract is CAS-covered.