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Cost Accounting Standard 414: How DOD's Budget Profit Policy and Contractors' Investments Relate to Standard 414

NSIAD-88-41BR Published: Nov 03, 1987. Publicly Released: Nov 17, 1987.
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Highlights

In response to a congressional request, GAO reviewed the relationship of Cost Accounting Standard (CAS) 414 to the Department of Defense's (DOD) budget request and contractor profits to: (1) assess Army, Air Force, and Navy treatment of CAS 414 procurement funds in the budgeting process; (2) identify the amount of funds the services negotiated under CAS 414; and (3) identify which contractors received the largest amounts of these funds.

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Contractor paymentsCost accountingDefense budgetsDefense cost controlDefense procurementDepartment of Defense contractorsInvestmentsPolicy evaluationProcurement policyStandards evaluation