The Standards
The original CASB adopted 19 standards, numbered 401 through 420 (419 was never assigned). The new CASB readopted the original 19 standards with only minor modifications, and has yet to adopt any new standards.
| Standard | Title |
|---|---|
| 401 | Consistency in Estimating, Accumulating and Reporting Costs |
| 402 | Consistency in Allocating Costs Incurred for the Same Purpose |
| 403 | Allocation of Home Office Expenses to Segments |
| 404 | Capitalization of Tangible Assets |
| 405 | Accounting for Unallowable Costs |
| 406 | Cost Accounting Period |
| 407 | Use of Standard Costs for Direct Material and Direct Labor |
| 408 | Accounting for Costs of Compensated Personal Absence |
| 409 | Depreciation of Tangible Capital Assets |
| 410 | Allocation of Business Unit General and Administrative Expenses to Final Cost Objectives |
| 411 | Accounting for Acquisition Costs of Material |
| 412 | Composition and Measurement of Pension Costs |
| 413 | Adjustment and Allocation of Pension Cost |
| 414 | Cost of Money as an Element of the Cost of Facilities Capital |
| 415 | Accounting for the Cost of Deferred Compensation |
| 416 | Accounting for Insurance Cost |
| 417 | Cost of Money as an Element of the Cost of Capital Assets Under Construction |
| 418 | Allocation of Direct and Indirect Costs |
| 419 | unused |
| 420 | Accounting for Independent Research and Development Costs and Bid and Proposal Costs (IR&D and B&P) |
Read more about this topic: Cost Accounting Standards
Famous quotes containing the word standards:
“The home is a woman’s natural background.... From the beginning I tried to have the policy of the store reflect as nearly as it was possible in the commercial world, those standards of comfort and grace which are apparent in a lovely home.”
—Hortense Odlum (1892–?)
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—Neil Kurshan (20th century)