[Federal Register Volume 70, Number 128 (Wednesday, July 6, 2005)]
[Notices]
[Page 38921]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-13213]


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FEDERAL ACCOUNTING STANDARDS ADVISORY BOARD


Notice of Revised Exposure Draft Accounting for Fiduciary 
Activities

    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 
Federal Accounting Standards Advisory Board (FASAB) has issued a 
revised exposure draft, Accounting for Fiduciary Activities. The 
proposed Exposure Draft would enhance reporting on fiduciary activities 
by clarifying the definition of fiduciary activities, reducing the 
number of acceptable approaches to accounting for these activities, and 
ensuring adequate disclosure in notes to the financial statements.
    The Exposure Draft is available on the FASAB home page http://www.fasab.gov/exposuredraft.htm. 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 August 
30, 2005, and should be sent to: Wendy M. Comes, Executive Director, 
Federal Accounting Standards Advisory Board, 441 G Street, NW., Suite 
6814, Mail Stop 6K17V, Washington, DC 20548.
    A public hearing on the proposed standard has been scheduled for 
August 17, 2005.

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

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

    Dated: June 29, 2005.
Charles Jackson,
Federal Register Liaison Officer.
[FR Doc. 05-13213 Filed 7-5-05; 8:45 am]
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