[Comments on Proposal To Incorporate Cost Accounting Standards Into FAR]
B-205208.2
Published: Oct 21, 1986. Publicly Released: Oct 21, 1986.
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Highlights
GAO commented on proposed changes to the Federal Acquisition Regulation (FAR) that would incorporate certain standards and rules promulgated by the Cost Accounting Standards Board. GAO noted that: (1) the proposed changes omitted several important clauses; and (2) the changes should not be promulgated unless the Board were reestablished.
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Accounting proceduresFederal regulationsProcurement regulationsProposed legislationFederal acquisition regulationsAccounting standards