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PSAD-76-71 1 (1976-01-26)

handle is hein.gao/gaobaaapa0001 and id is 1 raw text is: 



                      UNITED STATES GENERAL ACUNTING OFFICE
                               WASHINGTON, D.C. 20548

PROCUREM ENT AND SYSTEMS
  ACQUISITION DIVISION                                  JAN 2 6 1976

        B-39995



        Mr. Arthur Schoenhaut
        Executive Secretary
        Cost Accounting Standards Board

        Dear Mr. Schoenhaut:

            As we advised you in our letter of April 8, 1975, we inquired
        into why certain companies had not filed Disclosure Statements of
        their cost accounting practices. Your records showed that these
        companies appeared to have met the filing requirements in either
        fiscal year 1972 or 1973. From the list of companies you provided,
        we selected six for examination on the basis of significance of
      .contract awards. These six companies are N. W. Ayer & Son, Inc.,
        Gulf and Western Industries, Inc., Kisco Company, Inc., Systems
        Development Corporation, Talley Industries, Inc., and United States
        Steel Corporation. A report regarding another company on the list,
        Hewlett-Packard, was sent to you on April 8, 1975.

             Of the six contractors surveyed, we found that only three were
        required to file a Disclosure Statement as a result of meeting the
        established dollar threshold for fiscal year 1972 or 1973, and all
        did so within 2 months after the effective date of April 1, 1974.
        The remaining companies have or will file Disclosure Statements for
        subsequent fiscal years. The enclosed summary contains further
        details on our work.

             If we can be of further assistance, please let us know.

                                         Sincerely yours,




                                         R. W. Gutmann
                                         Director

        Enclosure




                                                        S SAD 76-71


                                               BEST DOCLPMAET A'1T.JPBL1:

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