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Cost Accounting Standards (CAS) Series: Implications When Acquiring Companies

Cherry Bekaert

In the third episode of Cherry Bekaert’s Cost Accounting Standards (CAS) podcast series, Brendan Halloran , a Director with Cherry Bekaert Advisory, is joined by Jeffery Annessa , a Senior Manager in Cherry Bekaert’s Government Contractor Industry practice, to discuss CAS implications during mergers and acquisitions.

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Cost Accounting Standard Considerations for a Growing GovCon

Cherry Bekaert

Contact Us The post Cost Accounting Standard Considerations for a Growing GovCon appeared first on Cherry Bekaert.

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Common Accounting Mistakes: Government Edition - Issue #11 What is GAAP?

SMBAccountant

Many small business government contractors are exempt from complying with cost accounting standards (CAS) and defined by the code of federal regulations (CFR). However, compliance with generally accepted accounting principles (GAAP) is required. What exactly is GAAP?

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Cost Accounting Standards (CAS): A Comprehensive Overview for Government Contractors

Cherry Bekaert

Cost Accounting Standards (CAS) are 19 standards and rules promulgated by 41 U.S.C. These standards impact emerging small and large businesses alike. Ultimately, the Federal government wants a reliable basis for cost comparison and decision making. View all Government Contracting Podcasts Questions?

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Understanding Accounting Software and DCAA Compliance

Accounting Seed

In a nutshell, being DCAA compliant means that the organization simply has systems and procedures in place to comply with the DCAA audit.

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Navigating Compliance and Contractor Business Systems

Withum

If you receive federal awards, whether a grant or commercial contract, you are a government contractor and are subject to cost principles. As a result, you may be subject to cost accounting standards and acceptable business systems.

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Understanding Incurred Cost Proposal Submissions: A Crucial Aspect of Government Contracting

Withum

Receive an Incurred Cost Proposal Submission Estimate Government contractors that use Withum for their incurred cost proposals (ICP) save valuable time and resources and gain confidence in the accuracy, compliance and punctuality of their submissions. These regulations lay out the requirements for ICP submissions.