Some government requirements exist for a reason. Others can end up consuming more effort than risk

The Cost Accounting Standards Board has approved the biggest overhaul of CAS coverage in more than two decades. The changes raise key thresholds and create a new path for some contractors to move out of full CAS coverage on existing contracts. For details on what changed and what the board is trying to accomplish, I'm joined by Dan Ramish of Haynes Boone.

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