[Federal Register Volume 68, Number 166 (Wednesday, August 27, 2003)]
[Notices]
[Page 51578]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-21850]


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FEDERAL ACCOUNTING STANDARDS ADVISORY BOARD


Notice of Meeting

AGENCY: Federal Accounting Standards Advisory Board.

ACTION: Notice of New Exposure Draft Heritage Assets and Stewardship 
Land: Reclassification From Required Supplementary Stewardship 
Information, and a Scheduled Public Hearing on Accounting and Fiduciary 
Activities.

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    Board Action: Pursuant to the Federal Advisory Committee Act (Pub. 
L. No. 92-463), as amended, section 10(a)(2), and the FASAB Rules of 
Procedure, as amended in October, 1999, notice is hereby given that the 
Federal Accounting Standards Advisory Board has published a new 
exposure draft, Heritage Assets and Stewardship Land: Reclassification 
from Required Supplementary Stewardship Information.
    A summary of the proposed Statement follows: The proposed standard 
classifies heritage assets and stewardship land information as basic 
information, except for condition information, which would be 
classified as required supplementary information. The proposed standard 
also introduces minor changes to the current disclosure requirements 
for heritage assets and stewardship land by requiring policies and an 
explanation of how heritage assets and stewardship land are pertinent 
to the entity's mission. Additionally, it will be available on FASAB's 
home page http://www.fasab.gov/. Copies can be obtained by contacting 
FASAB at 202-512-7350, or [email protected]. Respondents are 
encouraged to comment on any part of the exposure draft. Written 
comments are requested by November 10, 2003, and should be sent to: 
Wendy M. Comes, Executive Director, Federal Accounting Standards 
Advisory Board, 441 G Street, NW., Suite 6814, Washington, DC 20548.
    Notice is also given that a public hearing of the Federal 
Accounting Standards Advisory Board will be held on Wednesday, October 
8, 2003 from 9:15 a.m. to 12 p.m. in room 7C13 of the General 
Accounting Office, 441 G Street, NW., Washington, DC.
    The purpose of the hearing is to hear testimony from interested 
parties on Accounting for Fiduciary Activities. Those interested in 
testifying should contact Richard Fontenrose, Assistant Director, no 
later than one week prior to the hearing. Mr. Fontenrose can be reached 
at 202-512-7358 or via e-mail at [email protected].
    Also, they should at the same time provide a short biography and 
written copies of their testimony. Any interested person may attend the 
public hearing as an observer. Board discussions and reviews are open 
to the public.

FOR FURTHER INFORMATION CONTACT: Wendy Comes, Executive Director, 441 G 
St., NW., Mail Stop 6K17V, Washington, DC 20548, or call (202) 512-
7350.

    Authority: Federal Advisory Committee Act. Pub. L. No. 92-463.

    Dated: August 21, 2003.
Robert Bramlett,
Assistant Director.
[FR Doc. 03-21850 Filed 8-26-03; 8:45 am]
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