Regulacje i polityka gospodarcza · 9/18/1996

Cost Accounting Standards Board; Changes In Cost Accounting Practices

The Cost Accounting Standards Board (CASB) invites public comments on proposed amendments to the regulatory provisions contained in Chapter 99 of Title 48. The proposed amendments would, when issued as a final rule, revise the current definitions, exceptions and illustrations governing changes in cost accounting practices; exempt certain changes in compliant cost accounting practices from the CASB's contract price and cost adjustment requirements, and add a new Subpart 9903.4, Contractor Cost Accounting Practice Changes and Noncompliances. The proposed subpart would establish contractor notification requirements for changes in compliant cost accounting practices and delineate the process for determining and resolving the cost impact due to a compliant change in cost accounting practice or a noncompliant practice on CAS-covered contract and subcontract prices and/or costs. The proposed subpart also includes unique applicability and agency waiver provisions for educational institutions.