Federal Accounting Standards Advisory Board; Publication of Exposure Draft

[Federal Register Volume 64, Number 70 (Tuesday, April 13, 1999)]
[Notices]
[Page 18032]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-9125]


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GENERAL ACCOUNTING OFFICE


Federal Accounting Standards Advisory Board; Publication of 
Exposure Draft

AGENCY: General Accounting Office.

ACTION: Publication of Exposure Draft.

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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--https://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. 99-9125 Filed 4-12-99; 8:45 am]
BILLING CODE 1610-01-M