Get Casb Disclosure Statement Fillable Form

The Casb Disclosure Statement Fillable Form is an essential tool for educational institutions to document their cost accounting practices in compliance with federal guidelines. This guide provides clear, step-by-step instructions on how to effectively fill out the form online.

Follow the steps to complete the form accurately.

1. Click the ‘Get Form’ button to obtain the form and open it in your preferred online editor.
2. Fill in the Cover Sheet and Certification section with the official name, address, and contact information of your institution, along with the statement type and effective date.
3. In Part I: General Information, provide details about your cost accounting system. Indicate whether your method is accrual, modified accrual, or cash basis and describe the integration of cost accounting with financial accounting.
4. In Part II: Direct Costs, specify how you will charge costs directly to federally sponsored agreements, detailing materials, personal services, and other direct costs involved.
5. Complete Part III: Indirect Costs by identifying and accumulating your total indirect costs and how they will be allocated to applicable pools and service centers.
6. In Part IV: Depreciation and Use Allowances, describe how you handle fixed assets, their depreciation, and the criteria for capitalization.
7. Continue to Part V: Other Costs and Credits, detailing leave costs and applicable credits, specifying how they are accounted for in your cost calculations.
8. In Part VI: Deferred Compensation and Insurance Costs, identify your pension plans and measure the costs associated with employee benefits and insurances.
9. Finally, complete Part VII if applicable, by disclosing any central system or group expenses, detailing services provided, cost accumulation, and allocation methods.
10. Review all sections carefully for accuracy. After completing the form, you can save changes, download it, print, or share it as needed.

Start filling out the Casb Disclosure Statement Fillable Form online today to ensure compliance and clarity in your cost accounting practices.