[Federal Register Volume 63, Number 98 (Thursday, May 21, 1998)]
[Notices]
[Pages 27973-27974]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-13638]


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GENERAL ACCOUNTING OFFICE


Cost Accounting Standards Board Review Panel; Notice of Public 
Meeting

    The Cost Accounting Standards Board (CASB) Review Panel was 
established in March 1998 to study, analyze, and assess the mission of 
the CASB in light of recent federal acquisition reforms. Formed at the 
request of Congress, the panel includes members from government, 
industry, and the accounting profession. It is anticipated that the 
panel will conclude its studies, analyses, and deliberations by the end 
of the current year and issue a report with recommendations to the 
Congress in early 1999. In conducting its work, the panel is seeking to 
obtain a broad spectrum of views from all interested parties including 
those in the government contracting community, academia, the accounting 
profession, and industry.
    Meetings of the panel for the purpose of obtaining views from the 
public will take place on June 16 and June 17, 1998, between 1 p.m. and 
5 p.m. and June 18, 1998, between 9 a.m. and 12:00 p.m. The panel is 
particularly interested in views concerning: (1) The Cost Accounting 
Standards Board's mission in a rapidly evolving integrated civil-
military industry; (2) costs, benefits, and risk assessment in the 
application of cost accounting standards to government contractors 
(including differences based on industry, segment, type of cost, 
character of goods or services, contract type, and so forth); (3) the 
relationship of cost accounting standards to generally accepted 
accounting principles, activity-based cost systems, and cost 
allowability principles (including levels of complexity, overlap, 
duplication, conflict, and so forth).
    The panel will convene at the U.S. General Accounting Office, 
Staats Briefing Room, 441 G Street, NW., Washington, DC 20548. The 
meetings will be open to the public, however, attendance at each 
session will be limited to the seating available. Entry to the GAO 
Building is obtained by clearance which must be granted in advance of 
the meeting. Those who would like to make presentations and those 
otherwise planning to attend should contact Mr. Ralph Dawn at 202-512-
4501 by June 10, 1998. A written summary of remarks for those making 
presentations must be submitted by June 10, 1998, with a complete 
written statement to be submitted by June 15, 1998.
    In addition, interested individuals are invited to make suggestions 
to the panel

[[Page 27974]]

regarding (1) topics that the panel should consider, and (2) names of 
individuals with applicable expertise that the panel should hear from. 
Those suggestions should be sent via the CASB Review Panel's web page 
at http://www.gao.gov or by leaving recorded messages at 202-512-4501.
Ralph C. Dawn,
Staff Director, Cost Accounting Standards Board Review Panel.
[FR Doc. 98-13638 Filed 5-20-98; 8:45 am]
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