Insights

Cost realism in proposal evaluations is critical. Learn how it affects government contract awards and how to prepare.

FASB aims to eliminate bad debt reserve guidance for savings and loans. Learn what this means for accounting and financial reporting.

The Governmental Accounting Standards Board (“GASB”) has issued GASB Statement No. 85, Omnibus 2017, to address the following accounting and financial reporting matters:

FASB amends guidance for reporting pension costs. Understand the impact of these changes on your pension accounting.

In Exelis, Inc., ASBCA No. 60131 (29 Aug. 2016), the Armed Services Board of Contract Appeals (“ASBCA”) held that a concern whether a building lease was a capital lease or an operating lease is not subject to Cost Accounting Standards (“CAS”) 404.