Download or read book Pension costs on DOD contracts written by United States. Government Accountability Office and published by . This book was released on 2013 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pension Costs on Dod Contracts written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-08-03 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: " DOD contractors are among the largest sponsors of defined benefit pension plans in the United States and factor pension costs into the price of DOD contracts. Since the 2008 market downturn, these pension costs have grown-thereby increasing DOD contract costs-and recent changes in rules for calculating pension costs have raised the prospect of further cost increases. Given this possibility, GAO assessed how (1) contractor pension costs are determined; (2) DOD ensures the contractor pension costs it pays are appropriate; (3) DOD contractors' defined benefit pension plans compare with plans sponsored by similar companies; (4) pension costs have affected DOD contract costs and the factors that contributed to these pension costs; and (5) the harmonization of CAS with ERISA will affect the amounts DOD will pay in pension costs in coming years. To do this, GAO analyzed defined benefit pension plans for the largest contractors; interviewed contractor and DOD officials; and reviewed relevant laws and regulations, including changes made to harmonize CAS with ERISA. "
Download or read book Contractor Pension Plan Costs written by United States. General Accounting Office and published by . This book was released on 1977 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pension Costs on Dod Contracts written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.
Download or read book Pension Costs on DOD Contracts written by Cristina T. Chaplain and published by . This book was released on 2013-02-24 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pension costs on DOD contracts written by United States. Government Accountability Office and published by . This book was released on 2013 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pension Costs written by United States. General Accounting Office and published by . This book was released on 1986 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pension Costs written by United States. General Accounting Office and published by . This book was released on 1986 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO assessed the adequacy of the Department of Defense's (DOD) audits of contract pension costs. DOD relies on the Defense Contract Audit Agency (DCAA) and the Defense Contract Administration Services (DCAS) to monitor such costs. GAO found that: (1) while the combined DCAA and DCAS efforts have resulted in adequate audit coverage of defense contractors' pension costs, the agencies have performed independent reviews covering the same contractors without coordinating their efforts; (2) DOD policies require DCAA and DCAS to coordinate their pension audits; (3) during its review, DCAA and DCAS regions were attempting to improve coordination; and (4) DCAA and DCAS need to improve their monitoring of unallowable costs resulting from contractors' delays in funding their pension plans.
Download or read book Pension Losses of Contractor Employees at Federal Installations Can be Reduced written by United States. General Accounting Office and published by . This book was released on 1981 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Evaluation of the Effect of the Boeing Rockwell and McDonnell Douglas Business Combination on Pension Plans and DOD Funded Pension Assets written by and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The overall objective was to determine whether DoD pension costs and DoD-funded pension assets, which represent the accumulation of pension costs charged to Government contracts, were properly protected in the business combination of Boeing, Rockwell, and McDonnell Douglas.
Download or read book Evaluation of Contractor Accounting and Estimating for Postretirement Benefit Costs and Related DOD Oversight written by and published by . This book was released on 2000 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the review, the Defense Logistics Agency was the DoD executive agency responsible, through its Defense Contract Management Command, for conducting Contractor Insurance/Pension Reviews with the assistance of the Defense Contract Audit Agency. Effective March 27, 2000, the Defense Contract Management Agency was established, and it is now the responsible agency for conducting Contractor Insurance/Pension Reviews. The purpose of the reviews is to evaluate contractor insurance programs, pension plans, and other employee benefit plans. Contractor policies, procedures, and practices are reviewed to determine whether insurance and employee benefit costs charged to Government contracts comply with the Federal Acquisition Regulations and the Cost Accounting Standards. The Defense Federal Acquisition Regulations Supplement subpart 242.73, Contractor Insurance/Pension Review, provides that reviews should be performed on contractors that have actual or anticipated qualifying annual sales to the Government of $40 million or more on negotiated prime contracts or subcontracts. Health care benefits constitute about 80 percent and life insurance about 19 percent of all expenditures for postretirement benefits other than pensions. The General Accounting Office has reported that Medicare and health programs for retirees are high-risk areas.
Download or read book Pricing and Cost Accounting written by Darrell J. Oyer and published by Berrett-Koehler Publishers. This book was released on 2011-04 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essential reference to help federal contractors negotiate and maintain profitable contracts—Now in its third edition! This is the essential reference to help federal contractors negotiate and maintain profitable contracts—and remain in compliance throughout the life of the contract. Government contracting rules and regulations have changed significantly over the past six years. This new third edition addresses these changes and more: New thresholds for certification of cost and pricing data Revisions in cost accounting standards Implementation of commercial time-and-material and labor-hour contracts New, stringent ethics requirements Impact of stimulus funding Revised cost principles, including excessive pass-through costs, post-retirement benefits, and travel costs Redirected audit initiatives based on the GAO review of DCAA Plus…changed requirements for bidding…pricing…cost accounting…subcontracting…contract modification…all the information you need to be in compliance with the new rules. No other single book provides as much up-to-date federal procurement cost and pricing information in such a concise - yet comprehensive - format.
Download or read book Accounting Guide for Government Contracts written by Paul M. Trueger and published by . This book was released on 1988 with total page 1380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Current Government Profit and Cost Policies and Their Adverse Impact on Defense Contractors written by William J Healey (Jr) and published by . This book was released on 1987 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This factual review and commentary first discusses the following profit and cost policies and related developments which, although not necessarily purporting to be all inclusive on the issue, are illustrative of the problem: (1) The Defense Financial and Investment Review (DFAIR); (2) The resulting DOD profit policy regulations; (3) The General Accounting Office reaction to DOD's profit policy; (4) Reductions in progress payments; (5) Limitations on government reimbursement for contractor acquisition of special tooling and special test equipment; (6) Use of firm fixed-price contracting for development work; (7) Forcing contractors to pay up-front development costs; (8) Tightening of the contract cost principles generally; (9) Limitations on contractor employee compensation (both executive compensation and employee salaries and wages); (10) Government demands for a share of pension fund assets on termination of an overfunded defined benefit pension plan; (11) Overhead cost certification requirements; (12) Overhead cost controls; and (13) Spare parts refund policy.
Download or read book Federal Acquisition Circular written by United States. Department of Defense and published by . This book was released on with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Code of Federal Regulations of the United States of America written by and published by . This book was released on 1976 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Code of Federal Regulations is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government.
Download or read book Standards Rules Regulations Cost Accounting Standards Board written by United States. Cost Accounting Standards Board and published by . This book was released on 1976 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt:
