Tag Archives: CAS

FAR 31 Series (Part 4, Credits and Accounting for Unallowables)


Although I initially skipped this section, I believe touching on it can provide some insight to the “logic” of the government allowability criteria. Credits The government is entitled to its share of everything (see also Income Taxes).  The same can … Continue reading

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FAR and CAS Intersection

There is always a discussion looming in the corners of every government cost accounting conference or training session about the linkages between FAR and CAS.  Most of the banter includes phrases like “but I don’t have CAS-covered contracts” or “I … Continue reading

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