The White House Office of Management and Budget's Cost Accounting Standards Board is proposing to eliminate dozens of accounting requirements for federal contractors that it considers "unnecessary and ...

Washington, D.C. – Today, the Office of Management and Budget’s Cost Accounting Standards (CAS) Board, chaired by the Office of Federal Procurement, published two proposed rules to eliminate more than ...

Since the early days of human space exploration, the endeavor has been haunted by a very good question: why spend so much on space when there are so many urgent problems here on Earth? Against this ...

The government has announced it will raise salaries for entry-level workers beginning September 2025, while also increasing the country's minimum wage. In a statement, the Civil Service Commission ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper examines the role of cost accounting in public financial management, focusing on budget credibility, performance ...

Nick Chandi is the CEO of Forwardly, an award-winning B2B payment platform that helps US businesses send and receive payments faster. Why, still, won't manual accounting die? AI tools and cloud ...

To determine the value of ending inventory and, ultimately, margins, many retailers have stuck with an accounting practice known as the retail inventory method — in some cases for more than 100 years ...

Traditional estimates say that Trump’s tax package will add about $4 trillion to the national debt. Senate Republicans have slashed that number by changing the way Congress does its accounting. Senate ...

Toyota’s most affordable EV, which starts at about $15,000 in China, may not be so cheap overseas. The Toyota bZ3X is launching in new markets at a price nearly three times the cost, starting at ...

Transmission infrastructure buildout essential to curb rising cost of balancing Great Britain’s electricity grid, according to electricity system operator. New report finds thermal constraints were ...

During National Asthma and Allergy Awareness Month, the high prevalence and costs of allergies and asthma in the US are evident, alongside disparities in treatment access and the potential impact of ...