DCAA has posted a new guidebook on their website called Selected Area of Cost Guidebook: FAR 31.205 Cost Principles. This guidebook replaces Chapter 7 of the Contract Audit Manual (CAM) in total.
While this new guidebook retains much of the original content from Chapter 7, there are 13 areas which have been either updated or rewritten. DCAA has also added 23 additional chapters addressing FAR Part 31.2 Cost Principals that were not previously included in the CAM.
DCAA plans to continue updating other areas and publish them as completed. The 13 areas that have been …read more
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