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Baroni Center Report No. 7
DoD Contract Financing / Cost and Pricing Study
Call Order 02
In support of the Office of Defense Pricing & Contracting’s Contract Financing/Cost and Pricing Study, George Mason University’s Center for Government Contracting examined government accounting system requirements and their impact on commercial company participation in defense contracts. The examination includes examining: (1) accounting systems and practices used in the commercial sector for large, small, private, and public companies; (2) differences between Generally Accepted Accounting Principles and government requirements; (3) the government’s requirements for accounting systems under range of contracting scenarios; and (4) a survey of commercial industry compliance costs related to government requirements on accounting systems, analyses of entry or exit, and instances of adapting existing systems to meet the requirements.
Senior Fellow, Center for Government Contracting
Edward Hyatt, Ph.D.
Senior Research Scientist, Center for Government Contracting
Research Scientist, Center for Government Contracting
Long Chen, Ph.D.
Associate Professor, Accounting Area, School of Business