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Word(s) in meaning: chat  "global warming"
Postal codes: USA: 81657, Canada: T5A 0A7

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What does CAS stand for?

Cost Accounting Standard


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

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Control Actuation System
Control Alarm Station
Control Augmentation System
Controlled Airspace
Controlled American Source
Controlled ATM Switch (Cisco)
Coordinated Air Strike
Coordinator of Army Studies
Corporate Administrative System (Canada)
Corporate Advisory Service
Cost Accounting System
COSTAR Alignment System
Count Arthur Strong (radio show; UK)
Country Assistance Strategy
County Animal Shelter (various locations)
Course Applicability System (colleges)
Court of Arbitration for Sport
Covenant Aviation Security
Cowboy Action Shooting
CPE Alerting Signal (caller ID with call waiting)



Samples in periodicals archive:
The Deltek (NASDAQ: PROJ) software was developed in conjunction with Federal Acquisition Regulations and Cost Accounting Standards and is designed to be compliant with Defense Contract Audit Agency requirements.
Also on the agenda: a legislative and regulatory update from Steve Knight (Smith, Pachter, McWhorter); and an update on the Cost Accounting Standards Board's activities from CGB member Bruce Timman (director, Government Accounting Policy, Alliant Techsystems), who serves as the industry representative on the CAS Board.
Federal cost accounting standards and international guidance establish flexible principles for assigning costs and recognize that the selection of methods involves making choices that require balancing the cost of development and implementation with the benefit of precision in the resulting cost assignments.
West (Eagan, MN) has published Government Contract Costs & Pricing, a two-volume hardbound set that provides coverage of the principal regulations governing the negotiation, administration and settlement of government contracts, the Federal Acquisition Regulation (FAR) and the Cost Accounting Standards (CAS).
Although acknowledging that the Cost Accounting Standards were "unquestionably technical and complex," the court said that unless there was literal compliance with the regulations, the claim was "false.
The law assumes that any product or service that is offered for sale in the commercial marketplace has a clearly established price, so vendors are exempt from provisions of federal cost accounting standards that are designed to ensure that they are not overcharging.
Cost Accounting Standards The Cost, Accounting Standards (CAS) created by Congress in 1970, was designed to promote uniformity and consistency in the way defense contractors measure, assign, and allocate contract costs.
A seasoned CFO for government contractors, Acton has over eighteen years of progressive experience in Generally Accepted Accounting Principals (GAAP), including a detailed knowledge of the Federal Acquisition Regulations (FAR) and Cost Accounting Standards (CAS).

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