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Section L Revised: 91012 Attachment 1-Page 1 of 1 COST ACCOUNTING STANDARDS NOTICES AND CERTIFICATION FAR 52.2301 (MAY 2012) CONTRACT NO. BASE QUANTITY VEHICLE OPTION QUANTITY This certification does

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What is cost accounting standards notices?

Cost accounting standards notices are regulations that govern the way that contractors and subcontractors must account for costs on government contracts.

Who is required to file cost accounting standards notices?

Companies that have contracts with the government that exceed certain thresholds are required to file cost accounting standards notices.

How to fill out cost accounting standards notices?

Cost accounting standards notices can be filled out electronically through the Electronic Submissions System (eSRS) or on paper and mailed to the appropriate government agency.

What is the purpose of cost accounting standards notices?

The purpose of cost accounting standards notices is to ensure that the government is being billed accurately for costs incurred on government contracts.

What information must be reported on cost accounting standards notices?

Cost accounting standards notices typically require details on direct and indirect costs, allocation methods, and consistency in accounting practices.

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