Meetings: Federal Accounting Standards Advisory Board,

[Federal Register: April 13, 1999 (Volume 64, Number 70)]

[Notices]

[Page 18032]

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

[DOCID:fr13ap99-87]

GENERAL ACCOUNTING OFFICE

Federal Accounting Standards Advisory Board; Publication of Exposure Draft

AGENCY: General Accounting Office.

ACTION: Publication of Exposure Draft.

SUMMARY: The Chairman of the Federal Accounting Standards Advisory Board (FASAB), David Mosso, has announced that the FASAB has released for public comment an exposure draft of a proposed statement to amend SFFAS No. 2, Accounting for Direct Loans and Loan Guarantees, published in August 1993.

The amendments are intended to improve financial reporting by Federal credit agencies for subsidy costs incurred in providing direct loans and loan guarantees to the public.

The exposure draft has been mailed to FASAB's mailing list subscribers. Additionally, it is available on the Internet at FASAB's home page--http://www.financenet.gov/fasab.htm. Also, copies can be obtained by contacting FASAB at (202) 512-7350, or comesw.fasab@gao.gov. In the document the Board has posed specific questions for comment. Respondents are encouraged to address those questions and to comment on any part of the exposure draft. Responses are requested no later than July 2, 1999.

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, Section 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: April 7, 1999. Wendy M. Comes, Executive Director.

[FR Doc. 99-9125Filed4-12-99; 8:45 am]

BILLING CODE 1610-01-M