Cost impact assessment of cost accounting practice changes

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Authors
Anderson, James S.
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Advisors
Lamm, David V.
Date of Issue
1980-09
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en_US
Abstract
This thesis represents the results of research on cost impact assessment of cost accounting practice changes to Cost Account Standards- covered contracts. The objectives of the research were to explore the current environment in which cost impact is measured and to develop a structured approach to aid the decision-maker in the assessment. The requirements of the Cost Accounting Standards and Administration of Cost Accounting Standards Clauses, the regulatory guidance available to Department of Defense contract administrators and the pricing methodologies utilized to assess cost impact were investigated. The Cost Accounting Standards administration process was modeled and utilized to construct a sequential, streamlined set of procedures with which the cost impact assessment process can be approached. A need for greater guidance from DOD on the process, an amendment of the Administration of Cost Accoxmting Standards Clause, a better system of tracking the Contract Universe and the introduction of flexibility into the choice of methodologies was recognized.
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Thesis
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Approved for public release; distribution is unlimited.
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