Cost Accounting Standards

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The Federal Government Should Stop Paying for the Same Assurance Twice

Lohfeld Consulting
Night view of the U.S. Capitol lit up at night, with its reflection shimmering in the water.

A commercial-first model for CAS, contract audit, small business, and government-wide acquisitionFor decades, the federal government has built specialized systems for protecting public funds: the Cost Accounting Standards (CAS), DCAA audits, contractor business-system reviews, agency-specific qualification processes, and an expanding collection of government-wide and agency-specific contract vehicles.

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Cost Accounting Standards