[Federal Register: September 11, 2003 (Volume 68, Number 176)]
[Notices]
[Page 53628]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr11se03-99]

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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