Notice2025-08614

Notice of Request for Information and Comment on Emerging Reporting Entity Reorganization and Abolishment Accounting Issues

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Published
May 15, 2025

Issuing agencies

Federal Accounting Standards Advisory Board

Abstract

Notice is hereby given that Federal Accounting Standards Advisory Board (FASAB) staff issued a request for information and comment on emerging accounting issues and questions related to reporting entity reorganizations and abolishments.

Full Text

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[Federal Register Volume 90, Number 93 (Thursday, May 15, 2025)]
[Notices]
[Pages 20671-20672]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-08614]


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FEDERAL ACCOUNTING STANDARDS ADVISORY BOARD


Notice of Request for Information and Comment on Emerging 
Reporting Entity Reorganization and Abolishment Accounting Issues

AGENCY: Federal Accounting Standards Advisory Board.

ACTION: Notice.

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SUMMARY: Notice is hereby given that Federal Accounting Standards 
Advisory Board (FASAB) staff issued a request for information and 
comment on emerging accounting issues and questions related to 
reporting entity reorganizations and abolishments.

DATES: Responses are requested by July 15, 2025. Staff understands the 
provisional nature of this request and recognizes that late or follow-
up submissions may be necessary.

ADDRESSES: Specific questions for consideration are detailed in the 
staff request for information and comment at <a href="https://fasab.gov/pdffiles/RERA_RFI.pdf">https://fasab.gov/pdffiles/RERA_RFI.pdf</a>. Responses should be submitted to <a href="/cdn-cgi/l/email-protection#2f7d6a7d6e6f494e5c4e4d01484059"><span class="__cf_email__" data-cfemail="d78592859697b1b6a4b6b5f9b0b8a1">[email&#160;protected]</span></a> 
with ``RERA RFI response'' on the subject line.

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

SUPPLEMENTARY INFORMATION: Practitioner responses to this request for 
information will support the Board's efforts to timely identify, 
research, and respond to emerging accounting and reporting issues 
related to reorganization and abolishment activities, such as transfers 
of assets and liabilities among federal reporting entities. Input will 
be used to help

[[Page 20672]]

inform any potential staff recommendations and alternatives for the 
Board to consider regarding short- and long-term actions and/or updates 
to federal accounting standards and guidance in this area.
    Authority: 31 U.S.C. 3511(d); Federal Advisory Committee Act, 5 
U.S.C. 1001-1014).

    Dated: May 12, 2025.
Monica R. Valentine,
Executive Director.
[FR Doc. 2025-08614 Filed 5-14-25; 8:45 am]
BILLING CODE 1610-02-P


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Indexed from Federal Register on May 15, 2025.

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