Cost Accounting Standards: A Time for Government and Industry Action,
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.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1983
- Accession Number
- ADP002767
Entities
People
- P. D. Sullivan