Federal Accounting Standards Advisory Board; proposed statement of recommended standards on exposure draft; comment request,

[Federal Register: January 12, 1999 (Volume 64, Number 7)]

[Notices]

[Page 1805]

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

[DOCID:fr12ja99-58]

GENERAL ACCOUNTING OFFICE

Federal Accounting Standards Advisory Board

AGENCY: General Accounting Office.

ACTION: Request for Comments on Exposure Draft, Amendments To Deferred Maintenance Reporting.

SUMMARY: The Federal Accounting Standards Advisory Board (FASAB) requests comments on the Exposure Draft of a proposed statement of federal accounting standards, Amendments To Deferred Maintenance Reporting, published in December 1998. The deadline for the receipt of written comments is hereby extended to February 12, 1999 from the January 22 date printed in the Exposure Draft.

Deferred maintenance reporting is a required disclosure per Statement of Federal Financial Accounting Standards No. 6, Accounting for Property, Plant, and Equipment and is referenced in Federal Financial Accounting Standards No. 8, Supplementary Stewardship Reporting. This amendment would not modify the information to be provided users of federal financial statements, but would, however, modify the placement of that information.

Interested parties are encouraged to comment on any issues in this document. The text of the documents can be viewed through the electronic Financenet on the FASAB Home Page www.financenet.gov/ fasab.htm. Hard copies may be obtained from FASAB, 441 G St., NW, Suite 3B18, Washington, DC 20548. Telephone: 202-512-7350.

FOR FURTHER INFORMATION, CONTACT: Wendy Comes, Executive Director, 441 G St., NW., Room 3B18, Washington, DC 20548, or call (202) 512-7350.

Authority: Federal Advisory Committee Act. Pub. L. No. 92-463, sec. 10(a)(2), 86 Stat. 770, 774 (1972) (current version at 5 U.S.C. app. section 10(a)(2) (1988); 41 CFR 101-6.1015 (1990).

Dated: January 6, 1999. Wendy M. Comes, Executive Director.

[FR Doc. 99-577Filed1-11-99; 8:45 am]

BILLING CODE 1610-01-M