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Understanding the Basics of FAR and CAS

White Paper Published By: Deltek
Published:  Sep 26, 2019
Type:  White Paper
Length:  9 pages

Still unraveling the mystery that is Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS) compliance? The exemptions, standards and disclosures can often feel like a puzzle never to be solved. Until now.

Get the basics of the “allocability” and “allowability” that define FAR and CAS adherence and keep the momentum of your government business moving forward. Learn:

  • Definitions of when and to what extent government contract costs can be recovered
  • Accounting system edicts and standards
  • Cost-specific mandates and need-to-knows
  • Why timing is everything in keeping compliant.

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