OFFICE
OF MANAGEMENT AND BUDGET
Amendments
to Accounting for Property, Plant, and Equipment
AGENCY:
Office of Management and Budget.
ACTION:
Notice of Document Availability.
SUMMARY:
This Notice indicates the availability of the sixteenth
Statement of Federal Financial Accounting Standards (SFFAS), "Amendments
to Accounting for Property, Plant, and Equipment." The statement
was recommended by the Federal Accounting Standards Advisory Board
(FASAB), approved by the Director of the Office of Management and
Budget (OMB), the Comptroller General, and the Secretary of the
Treasury, and adopted in its entirety by OMB on September 8, 1999.
As required by the Chief Financial Officers Act of 1990, SFFAS No.
16 was reported to the Congress and a period of 45 days of continuous
session of the Congress has expired.
ADDRESSES:
Copies of SFFAS No. 16, "Amendments to Accounting for
Property, Plant, and Equipment," may be obtained for $4.25 each
from the Superintendent of Documents, Government Printing Office,
Washington, DC 20402-9325 (telephone 202-512-1800), Stock No. 041-001-00548-0.
FOR
FURTHER INFORMATION CONTACT: Kim Geier (telephone: 202-
395-6905), Office of Federal Financial Management, Office of Management
and Budget, 725 17th Street, N.W., Room 6025, Washington, DC 20503.
SUPPLEMENTARY
INFORMATION: Under a Memorandum of Understanding between
the General Accounting Office, the Department of the Treasury, and
OMB on Federal Government Accounting Standards, the Comptroller
General, the Secretary of the Treasury, and the Director of OMB
decide upon principles and standards after considering the recommendations
of FASAB. After agreement to specific principles and standards,
they are published in the Federal Register and distributed
throughout the Federal Government.
This
Notice is available on the OMB home page on the Internet which is
currently located at http://www.whitehouse.gov/OMB/, under the caption
"Federal Register."
Joshua
Gotbaum
Executive Associate Director and
Controller, Office of Federal Financial Management
|