Statement of Federal Finincial Accounting Concepts

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Federal Register: February 26, 2008 (Volume 73, Number 38)

Notices

Page 10244

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

DOCID:fr26fe08-49

FEDERAL ACCOUNTING STANDARDS ADVISORY BOARD

Notice of Issuance of Statement of Federal Financial Accounting

Concepts (SFFAC) No. 5

AGENCY: Federal Accounting Standards Advisory Board.

ACTION: Notice of Issuance of Statement of Federal Financial Accounting

Concepts (SFFAC) No. 5, Definition of Elements and Basic Recognition

Criteria for Accrual-Basis Financial Statements.

Board Action: Pursuant to 31 U.S.C. 3511(d), the Federal Advisory

Committee Act (Pub. L. No. 92-463), as amended, and the FASAB Rules of

Procedure, as amended in April 2004, notice is hereby given that the

Federal Accounting Standards Advisory Board (FASAB) has issued

Statement of Federal Financial Accounting Concept 5, Definition of

Elements and Basic Recognition Criteria for Accrual-Basis Financial

Statements.

Copies of the concept can be obtained by contacting FASAB at 202- 512-7350. The concept is also available on FASAB's home page http:// www.fasab.gov/codifica.html.

FOR FURTHER INFORMATION CONTACT: Wendy M. Payne, Executive Director, 441 G St., NW., Mail Stop 6K17V, Washington, DC 20548, or call (202) 512-7350.

Authority: Federal Advisory Committee Act, Pub. L. No. 92-463.

Dated: February 20, 2008.

Charles Jackson,

Federal Register Liaison Officer.

FR Doc. 08-837 Filed 2-25-08; 8:45 am

BILLING CODE 1610-01-M

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