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Data / Federal rules / 2024-13806

Conformance of Cost Accounting Standards to Generally Accepted Accounting Principles for Operating Revenue and Lease Accounting

The Federal Procurement Policy Office published this proposed rule in the Federal Register on June 27, 2024. Comments closed on August 26, 2024.

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What the agency says

The Office of Federal Procurement Policy (OFPP), Cost Accounting Standards Board (CAS Board or the Board), is releasing this notice of proposed rulemaking (NPRM) to elicit public comments on proposed changes to the Cost Accounting Standards (CAS) to conform them with changes in Generally Accepted Accounting Principles (GAAP) related to operating revenue and lease accounting. This proposed rule follows issuance of an advanced notice of proposed rulemaking (ANPRM) 85 FR 70572 (November, 5, 2020), and a Staff Discussion Paper (SDP) 84 FR 9143 (March 13, 2019).

Key facts

Document number
2024-13806
Type
Proposed rule
Action
Notice of proposed rulemaking
Agency
Management and Budget Office; Federal Procurement Policy Office
Published
June 27, 2024
Comments due
August 26, 2024
Dates
Comments must be in writing and must be received by August 26, 2024.
Code of Federal Regulations
48 CFR 9903; 48 CFR 9904
Topics
Government procurement
Pages
4

The document on federalregister.gov PDF

Other documents from the Federal Procurement Policy Office

Everything from the Federal Procurement Policy Office · Rules on government procurement · Published in June 2024

Read from the Federal Register API, last updated 2026-10-24. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.