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Cost Accounting Standards and Disclosure Statements

Most of our consultants are CAS experts where they have had special training, held CAS monitor positions with DCAA and are recognized authorities who frequently teach and lecture on the subject. Some contractors must comply with all cost accounting standards, many more are modified covered but even most non-CAS covered contractors must adhere to many standards that are duplicated or referenced in the Federal Acquisition Regulation.

Businesses need to select cost accounting allocation practices that benefit them while demonstrating compliance with relevant cost accounting standards. Firms anticipating larger contracts may need to prepare a disclosure statement while subsidiaries of larger companies often must do so.

Services include:

  • “Mock audit” of compliance with CAS.
  • Interpretations of CAS.
  • Provide CAS on-site training course.
  • Prepare Disclosure Statement or evaluate draft statements.
  • Evaluate impact of cost accounting changes. 

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To discuss your needs, contact Bill Lennett, Principal, at 1-925-362-0712 or email him at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

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