COST ACCOUNTING STANDARDS BOARD
DISCLOSURE STATEMENT
GENERAL INSTRUCTIONS
REQUIRED
BY PUBLIC
LAW
1~79
1. This Disclosure Statement has been designed
to
meet the requirements
of
Public Law
100-679,
and persons completing
it
are
to
describe the contractor
and
its contract cost accounting practices. For
complete regulations, instructions and timing requirements concerning submission
of
the Disclosure Statement,
refer
to
Section
9903.202
of
Chapter
99
Of
Title
48
CFR
(48
CFR
9903.202).
2. Part I
of
the Statement provides general information concerning each reporting
unit
(e.g.,
segment, Corporate or other intermediate level home office,
or
a business unit). Parts II through VII pertain
to
the types
of
costs generally incurred
by
the segment or business
unit
directly performing Federal contracts or
similar cost objectives. Part VIII pertains
to
the types
of
costs
that
are
generally incurred
by
a Home office and
are
allocated
to
one or more segments performing Federal contracts. For a definition
of
the term "home office",
see
48
CFR
9904.403.
3.
Each segment or business unit required to disclose its cost accounting practices should
complete the Cover Sheet, the Certification,
and
Parts I through VII.
4.
Each home office required
to
disclose its cost accounting practices for measuring, assigning and
allocating its costs
to
segments performing Federal contracts or similar cost objectives shall complete the Cover
Sheet, the Certification, Part I and Part VIII
of
the Disclosure Statement. Where a home office either
establishes practices or procedures for the types
of
costs covered
by
Parts V, VI and
Vll,or
incurs and then
allocates these types
of
cost
to
its segments, the home office may complete Parts
V,
VI and VII
to
be
included
in the Disclosure Statement submitted by its segments. While a home office may have more than one segment
submitting Disclosure Statements, only one Statement needs to
be
submitted
to
cover the home office
operations.
5. The Statement
must
be
signed by
an
authorized signatory
of
the reporting unit.
6. The Disclosure Statement should
be
answered by marking the appropriate line or inserting the
applicable letter code which describes the segment's (reporting unit's) cost accounting practices.
7.
A number
of
questions in this Statement may need narrative answers requiring more space than
is
provided. In such instances, the reporting
unit
should use the attached continuation sheet provided. The
continuation sheet may be reproduced locally
as
needed. The number
of
the question involved should
be
indicated and the same coding required
to
answer the questions in the Statement should be used in presenting
the answer on the continuation sheet. Continuation sheets should
be
inserted at the end
of
the pertinent Part
of the Statement. On each continuation sheet, the reporting unit should enter the
next
sequential page number
for
that
Part and, on the last continuation sheet used, the words "End
of
Part" should
be
inserted after the last
entry.
8.
Where the cost accounting practice being disclosed
is
clearly set forth in the contractor's
existing
written
accounting policies and procedures, such documents may
be
cited on a continuation sheet
and
incorporated by reference at the option of the contractor. In such cases, the contractor should provide the date
of
issuance and effective date for each accounting policy and/or procedures document cited. Alternatively,
copies
of
the relevant parts
of
such documents may be attached
as
appendices
to
the pertinent Disclosure
Statement Part. Such continuation sheets and appendices should
be
labeled and cross-referenced
with
the
applicable Disclosure Statement number
and
follow
the page number specified
in
paragraph 7.
Any
supplementary comments needed
to
adequately describe the
cost
accounting practice being disclosed should
also
be
provided.
9. Disclosure Statements must
be
amended when cost accounting practices
are
changed
to
comply
with
a
new
CAS or when practices
are
changed
with
or
without
knowledge
of
the Government (Also
see
48
CFR
9903.202-3).
FORM
CASB
DS-1
(REV
2/96)
(i)
