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- Government ContractingAug 11, 20262 min · By Defense Signals Desk
Pentagon Weighs Contract Accounting Reforms to Align Defense Audit Rules With GAAP
Signal ProThe Department of Defense is soliciting feedback from the defense industrial base on proposed contract accounting reforms. The initiative aims to align defense audit standards with Generally Accepted Accounting Principles (GAAP), streamlining compliance and reducing barriers for commercial tech vendors.
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