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Essay Details:
Essay text:
"The OFPP Administrator serves as Chair of the Cost Accounting Standards Board (CASB), an independent board which has exclusive authority to establish standards for use by contractors and subcontractors to achieve uniformity and consistency in the measurement, assignment and allocation of costs to government contracts. The CASB's cost accounting standards are promulgated as regulations. OFPP provides staff support to the CASB."
All members of the CASB except for the Chairman have four year terms. The Representative from the DOD and the Officer from the GSA can be appointed for additional terms...
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Common topics in this essay:
- Accounting Standards
- Accounting Standards
- Accounting standards
- Advantages and disadvantages of historical cost accounting, alternatives to historical cost accounting
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- The Process towards Global Accounting Standards
- Universal Accounting Standards
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