Concerned about cost management? This text examines contract costs from a variety of angles. From basic cost principles to cost accounting standards, there is valuable information for all experience levels. The book explores the difference between cost of goods sold & business expenses. It also looks at different kinds of capital expenditures. Specifically addressing government contracts, the book covers traditional topics such as proposal-related costs, price analysis versus cost analysis, progress payments, contract changes, government audits, cost of fraud, & legal & other professional costs. In its coverage of cost accounting standards (CAS), the book presents the statutory origins of the CAS, the current CAS Board administration, CAS applicability, "full" versus "modified" coverage, & disclosure statements. It also discusses each of the CAS & many of the cost principles in detail. In addition, it covers current topics such as environmental costs & the Federal Acquisition Streamlining Act. This book provides the tools necessary to maximize your understanding of contract costs, & it is particularly useful for those interested in government contracting. To order: National Contract Management Association, 1912 Woodford Rd., Vienna, VA 22182. Phone 1-800-344-8096