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Cost Accounting Standards Board Issues Two New Final Rules

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Cost Accounting Standards Board Issues Two New Final Rules

Sep
02
2026

On September 1, 2026 the Cost Accounting Standards (CAS) Board issued two final rules.

  • Conformance of Cost Accounting Standards to Generally Accepted Accounting Principles for CAS 407, Use of Standard Costs for Direct Material and Direct Labor (91 FR 56061).
  • Increase of Monetary Thresholds and Other Matters Related to Cost Accounting Standards Program Requirements (91 FR 56056).

The CAS Board has also published practitioner albums associated with its recent rulemaking to provide additional insight and implementation support, which can be found here.