[Federal Register Volume 68, Number 176 (Thursday, September 11, 2003)]
[Notices]
[Page 53628]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-23115]


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SMALL BUSINESS ADMINISTRATION (SBA)


Office of Chief Financial Officer (OCFO); Notice of Intent To 
Establish the U.S. Small Business Administration's Audit and Financial 
Management Advisory Committee and Request for Membership Applications

SUMMARY: The U.S. Small Business Administration (SBA) announces its 
intent to establish the Audit and Financial Management Advisory 
Committee (AFMAC or ``the Committee''). Accordingly, the SBA publishes 
this notice in compliance with the Federal Advisory Committee Act, as 
amended, (FACA) (Pub. L 92-463-5 U.S.C. App. 2). The purpose of AFMAC 
is to provide recommendations and advice regarding the Agency's 
financial management including the financial reporting process, systems 
of internal controls, audit process, and process for monitoring 
compliance with relevant laws and regulations. The SBA Administrator 
has determined that the establishment of the Committee is in the public 
interest because it supports proper disclosure and transparency of 
SBA's financial management. SBA requests applications from qualified 
individuals and organizations to serve on the Committee. All notices 
for AFMAC meetings will be published in the Federal Register.

FOR FURTHER INFORMATION CONTACT: For additional information or a 
membership application, contact Thomas A. Dumaresq, Chief Financial 
Officer, 409 Third Street, SW.; telephone (202) 205-6449.

SUPPLEMENTARY INFORMATION: AFMAC shall be comprised of at least three 
members, including one Chairperson, as determined by the SBA's 
Administrator, who are free from any relationship that would interfere 
with the exercise of independent judgment as a member of the Committee. 
Committee membership must be fairly balanced and diverse in terms of 
occupational background and type of financial expertise. Committee 
members must have sufficient financial knowledge and experience to 
enable them to discharge the AFMAC's duties. Each member must be able 
to: (i) Understand federal financial statements; and (ii) recognize 
factors affecting the quality of SBA's financial reporting as a basis 
to make meaningful recommendations about the agencies audited financial 
statements and related financial management policy. SBA will view very 
favorably candidates possessing a broad accounting background, 
extensive financial management expertise, and/or significant experience 
with federal financial management.
    Any qualified individual or organization interested in serving on 
the Committee should contact SBA for a membership application.

Scott R. Morris,
Deputy Chief of Staff.
[FR Doc. 03-23115 Filed 9-10-03; 8:45 am]
BILLING CODE 8025-01-P