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Biden signs GSA tech accountability bill into law

FedScoop

The General Services Administration will be required to more thoroughly account for many of its technology projects under legislation that became law this week. The post Biden signs GSA tech accountability bill into law appeared first on FedScoop. And that country is the United States.

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Cost Accounting Standard (CAS) 411 – Accounting for Acquisition of Material Cost

Redstone Government Consulting

CAS 411 provides criteria for accounting for the measurement and assignment of material costs to cost objectives and follows generally accepted accounting principles (GAAP). If you don’t have contracts subject to full CAS, then FAR 31.205-26 Material costs requires contractors to implement GAAP when accounting for material.

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Accounting software keeps small business out of federal market

Federal News Network

Jim Wesloh Well, we focus on government contract accounting, including timekeeping expense reports, the entire general ledger and project management and project reports. Or do the accounting for my government programs, and not worry about commercial contracts if they had the commercial contracts before? Jim Wesloh Yes.

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Kelli Murphy Joins Pyramid Systems as VP of Client Account Delivery

GovCon Wire

Nasdaq: SAIC), has joined Pyramid Systems as vice president of client account delivery. Kelli Murphy, formerly a senior principal for business development at Science Applications International Corp.

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Samherji vs. Odee: Art, Accountability, and the Limits of Parody

Whistleblower Network News

Credit for photo – Davíð Þór Guðlaugsson The post Samherji vs. Odee: Art, Accountability, and the Limits of Parody appeared first on Whistleblower Network News. The outcome of this trial, scheduled for September 25, 2024, could set a precedent for the ability of corporate power to silence criticism.

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Contractor’s dispute over cost-accounting standards has roots dating back 17 years

Federal News Network

Sikorsky Aircraft and the Defense Department have been arguing in court for the past 17 years, over the company’s compliance with cost-accounting standards. So, what happens, if you’ve got a contract that’s subject to the full cost accounting standards, you have to submit a disclosure statement. Zach Prince Yes.

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The CAS Board is looking to Drop Cost Accounting Standards (CAS) 408 and 409

Redstone Government Consulting

In the June 27, 2024 Federal Register , the Cost Accounting Standards Board (CASB) put out a notification that it was looking for input on its efforts to conform Cost Accounting Standards (CAS) to Generally Accepted Accounting Principles (GAAP) for Compensated Personal Absence (CAS 408) and Depreciation of Tangible Capital Assets (CAS 409).