Cost Accounting Standards Board
Revision as of 19:27, 9 July 2020 by QiratH (talk | contribs) (Created page with "Cost Accounting Standards Board (CASB) is government agency that has the exclusive authority to make, put into effect, amend, and rescind cost accounting standards and...")
Cost Accounting Standards Board (CASB) is government agency that has the exclusive authority to make, put into effect, amend, and rescind cost accounting standards and interpretations thereof designed to achieve uniformity and consistency in regard to measurement, assignment, and allocation of costs to government contracts within the United States.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Cost Accounting Standards Board (CASB). Government agency that has the exclusive authority to make, put into effect, amend, and rescind cost accounting standards and interpretations thereof designed to achieve uniformity and consistency in regard to measurement, assignment, and allocation of costs to government contracts within the United States.
