CAS Coverage and Disclosure Statement Requirements
Marie Salamone and Teresa Christy recently taught Procurement U – Session 4: CAS Part 1 through Federal Publications Seminars. Part of this class explores:
- How to identify if a contract is subject to Cost Accounting Standards (CAS);
- The types of CAS coverage (full CAS coverage vs. modified CAS coverage ); and
- How to determine if a CASB Disclosure Statement is required.
The Defense Contract Audit Agency (DCAA) publishes the Contract Audit Manual (CAM) online (www.dcaa.mil). Section 8 – Cost Accounting Standards includes a flow chart which walks a user through each of these items.