[Comments on DOD Proposal To Establish a Cost Accounting Standards Board]

GAO commented on a proposal that the Department of Defense (DOD) establish a cost accounting standards board. GAO stated that it strongly supports the reinstitution of a cost accounting standards board function, but that it does not believe such a board should be established within DOD. GAO advised that, if the cost accounting standards board is established, the integrity of the current standards and any future standards should be maintained by appropriate safeguards.