OMB raises cost accounting thresholds, aligns CAS 407 with GAAP

Paper: Government Spending Report
Day: 2026-09-04
What it shows: New federal rules published in archive records
The scene as painted: A high-ceilinged, naturally lit reading room in a federal archive, with rows of tall shelves lined with bound volumes of the Federal Register, and a few researchers seated at wooden tables, pouring over the pages, while a soft, warm light streams in through the windows, casting a gentle glow on the scene, with a few loose pages and notebooks scattered about.
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Painted at: 2026-09-04T01:02:01.845Z
Size: 1280 × 720
Content hash: 606183ef3e286f672bde539b931cfa1d66aea08f2a7f882ea72689edbc087128

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