Larger M&A transactions and the resurgence of SPACs are reshaping the market, increasing the stakes for accurate, timely, and well-informed accounting decisions.

Discover how accruals affect company finances, with insights into the accrual accounting method, its applications, and ...

For years, the Department of Defense has said it wants to buy more like the commercial market. The FY2026 NDAA puts real weight behind that promise.

Summary: The new law exempts nontraditional defense contractors from FAR cost principles, certified cost or pricing data, and Defense Department business systems requirements, potentially affecting ...

WASHINGTON, Dec 16 (Reuters) - The Trump administration is planning an executive order that would limit dividends, buybacks and executive pay for defense contractors whose projects are over-budget and ...

The final A&A Focus webcast of 2025 brought together timely technical updates, practical guidance for year-end reporting, and clear explanations of several new and forthcoming accounting standards.

CORRECTION: This story has been updated to included that the non-traditional contractor provision was included in the Senate version of the NDAA. Among the more than 1,000 provisions in the 2026 ...

Summary: The NDAA rewrites the playbook for cost accounting and pricing, with changes that could ease burdens but raise new questions. Terry Gerton We’re going to talk about the National Defense ...

SEC chairman Paul Atkins at AICPA Conference on Current SEC and PCAOB Developments The Securities and Exchange Commission is planning to encourage greater cooperation between U.S. and international ...

The White House’s Cost Accounting Standards Board (CAS) has proposed eliminating more than 60 redundant accounting rules that have remained largely unchanged for over 50 years. The board published two ...

The White House Office of Management and Budget’s (OMB’s) Cost Accounting Standards (CAS) Board last week announced one final rule and one proposed rule that would eliminate more than 60 requirements ...

A Cost Audit Report is an official document prepared and submitted by a qualified Cost Auditor after completing the process of cost audit in a company. It is the final outcome of the audit process and ...