75 FR 61 pg. 16120 - Notice of Issuance of Exposure Draft on Accrual Estimates for Grant Programs

Type: NOTICEVolume: 75Number: 61Page: 16120
FR document: [FR Doc. 2010-7248 Filed 3-30-10; 8:45 am]
Agency: Federal Accounting Standards Advisory Board
Official PDF Version:  PDF Version

FEDERAL ACCOUNTING STANDARDS ADVISORY BOARD

Notice of Issuance of Exposure Draft on Accrual Estimates for Grant Programs

AGENCY:

Federal Accounting Standards Advisory Board.

ACTION:

Notice.

Board Action: Pursuant to 31 U.S.C. 3511(d), the Federal Advisory Committee Act (Pub. L. 92-463), as amended, and the FASAB Rules of Procedure, as amended in April, 2004, notice is hereby given that the Accounting and Auditing Policy Committee (AAPC) has issued an Exposure Draft of a new Federal Financial Accounting Technical Release entitled Accrual Estimates for Grant Programs. The proposed Technical Release provides guidance supporting cost-effective development of reasonable estimates of accrual liabilities for grant programs.

The Exposure Draft is available on the FASAB home page http://www.fasab.gov/exposure.html. Copies can be obtained by contacting FASAB at (202) 512-7350.

Respondents are encouraged to comment on any part of the exposure draft. Written comments are requested by April 22, 2010, and should be sent to:

Wendy M. Payne, Executive Director, Federal Accounting Standards Advisory Board, 441 G Street, NW., Suite 6814, Mail Stop 6K17V, Washington, DC 20548.

FOR FURTHER INFORMATION CONTACT:

Wendy Payne, Executive Director, at (202) 512-7350.

Authority:

Federal Advisory Committee Act, Pub. L. 92-463.

Dated: March 26, 2010.

Charles Jackson,

Federal Register Liaison Officer.

[FR Doc. 2010-7248 Filed 3-30-10; 8:45 am]

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