Cost Accounting Rules Get GAAP Makeover for Contractors
Published Date: 9/11/2025
Proposed Rule
Summary
The government wants to update some cost accounting rules (CAS 404, 408, 409, and 411) to match regular accounting standards (GAAP). This affects companies that work with federal contracts and helps make sure their accounting is clear and fair. They’re asking for public feedback before finalizing these changes, aiming to finish the updates quickly with no big cost surprises.
No Economic Impacts Identified for this Document
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-16680, Submission for OMB Review; Privacy Training
Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to OMB a request to review and approve an extension of a previously approved information collection requirement regarding privacy training.
2026-16681, Submission for OMB Review; Prohibition on Contracting With Entities Using Certain Telecommunications and Video Surveillance Services or Equipment
Under the provisions of the Paperwork Reduction Act, the Regulatory Secretariat Division has submitted to OMB a request to review and approve an extension of a previously approved information collection requirement regarding the prohibition on contracting with entities using certain telecommunications and video surveillance services.
2026-16677, Submission for OMB Review; Prospective Subcontractor Requests for Bonds
The government is asking to keep collecting info from subcontractors who want to see payment bonds before working on federal construction projects. This helps protect everyone by making sure payments are secure. If you’re a subcontractor or supplier, you might need to request these bonds soon, and comments on this process are open until September 14, 2026.
2026-16679, Submission for OMB Review; Architect-Engineer Qualifications (SF-330)
The government is asking to keep using a form called SF-330, which architects and engineers fill out to show they’re qualified for big projects over a certain dollar amount. This form helps officials pick the best team for the job. If you’re an architect-engineer firm, keep an eye out—comments on this must be sent by September 14, 2026, but there’s no new cost or big changes coming.
2026-16678, Submission for OMB Review; Contract Financing
The government is asking for approval to keep collecting info from contractors about how they want to get paid during contracts. This affects companies working with the government, who must share details about payment schedules and amounts. Comments are open until September 14, 2026, so now’s the time to speak up if you have thoughts!
2026-16612, Regulatory Agenda
This agenda provides summary descriptions of regulations being developed by the Federal Acquisition Regulatory Council in compliance with Executive Order 12866 "Regulatory Planning and Review, as reaffirmed and amended in Executive Order 13563, "Improving Regulation and Regulatory Review." This agenda is being published to allow interested people an opportunity to participate in the rulemaking process. Additionally, members of the public can track the progress of any open and pending Federal Acquisition Regulation (FAR) rule via the "Open FAR Cases" report, which is publicly available at https://www.acq.osd.mil/dpap/ dars/farcasestatus.html. The Regulatory Secretariat Division has attempted to list all regulations pending at the time of publication, except for minor and routine or repetitive actions; however, unanticipated requirements may result in the issuance of regulations that are not included in this agenda. There is no legal significance to the omission of an item from this listing. Also, the dates shown for the steps of each action are estimated and are not commitments to act on or by the dates shown. Published proposed rules may be reviewed in their entirety at the Government's rulemaking website at https://www.regulations.gov.
Previous / Next Documents
Previous: 2025-17439, Notification of Availability and Request for Comment: Revision to the Voluntary Standard for Bassinets and Cradles
The CPSC wants your thoughts on updated safety rules for bassinets and cradles to keep babies safer. These changes come from a new version of a voluntary safety standard, and the agency is checking if it’s better than before. If you make, sell, or use bassinets and cradles, this could affect you soon—so don’t miss the chance to weigh in!
Next: 2025-17481, Revising U.S. Standards for Grades of Lemons
The USDA is updating lemon grading rules to include a new category called "seedless lemons." This change affects lemon growers, sellers, and buyers by setting clear standards and labeling rules for seedless lemons. The update helps everyone know exactly what they’re getting, with no extra costs or delays expected.