Data / Federal rules / 2025-17480

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

The Federal Procurement Policy Office published this final rule in the Federal Register on September 11, 2025. It took effect on October 14, 2025.

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What the agency says

The Office of Federal Procurement Policy (OFPP), Cost Accounting Standards Board (the Board), is publishing, with additional clarification based on public comments from the notice of proposed rulemaking (NPRM), a final rule revising the Cost Accounting Standards (CAS) to conform them with changes in Generally Accepted Accounting Principles (GAAP) related to operating revenue and lease accounting. This final rule follows issuance of a NPRM, June 27, 2024; an advanced notice of proposed rulemaking (ANPRM), November, 5, 2020; and a Staff Discussion Paper (SDP), March 13, 2019.

Key facts

Document number: 2025-17480
Type: Final rule
Action: Final rule
Agency: Management and Budget Office; Federal Procurement Policy Office
Published: September 11, 2025
Takes effect: October 14, 2025
Dates: Effective date: October 14, 2025.
Regulation ID (RIN): 0348-AB78
Code of Federal Regulations: 48 CFR 9903; 48 CFR 9904
Topics: Government procurement
Pages: 5

The document on federalregister.gov PDF

Other documents from the Federal Procurement Policy Office

Document	Type	Published
Federal Acquisition Regulation: Revolutionary FAR Overhaul Parts 8, 12, 13, 15, 38, 44, and 51 2026-19162	Proposed rule	Sep 18
Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 16, 17, and 35 2026-19160	Proposed rule	Sep 18
Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 9, 27, and 47 2026-19159	Proposed rule	Sep 18
Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 14, 28, 36, and 52 2026-19158	Proposed rule	Sep 18
Conformance of Cost Accounting Standards to Generally Accepted Accounting Principles for CAS 407 Use of Standard Costs for Direct Material and Direct Labor 2026-17903	Final rule	Sep 1
Increase of Monetary Thresholds and Other Matters Related to Cost Accounting Standards Program Requirements 2026-17901	Final rule	Sep 1
Conformance of Cost Accounting Standards to Generally Accepted Accounting Principles for Cost Accounting Standards 404, 408, 409, and 411 2026-13764	Final rule	Jul 8
Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 3 and 49 2026-12562	Proposed rule	Jun 23

Everything from the Federal Procurement Policy Office · Rules on government procurement · Published in September 2025

Read from the Federal Register API, last updated 2026-10-23. 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.