Notice2025-20531
Notice of Reestablishment of Federal Accounting Standards Advisory Board Charter and Appointments Panel Charter
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Published
November 21, 2025
Issuing agencies
Federal Accounting Standards Advisory Board
Full Text
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<title>Federal Register, Volume 90 Issue 223 (Friday, November 21, 2025)</title>
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[Federal Register Volume 90, Number 223 (Friday, November 21, 2025)]
[Notices]
[Page 52661]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-20531]
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FEDERAL ACCOUNTING STANDARDS ADVISORY BOARD
Notice of Reestablishment of Federal Accounting Standards
Advisory Board Charter and Appointments Panel Charter
AGENCY: Federal Accounting Standards Advisory Board.
ACTION: Notice.
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In accordance with the provisions of the Federal Advisory Committee
Act, Title 5 United States Code, Chapter 10, and Title 41, Code of
Federal Regulations, Section 102-3.65, notice is hereby given that the
Secretary of the Treasury, the Director of the Office of Management and
Budget, and the Comptroller General of the United States (the Sponsors)
have agreed to reestablish the Federal Accounting Standards Advisory
Board (FASAB), an advisory committee to consider and recommend
accounting standards and principles for the federal government. FASAB
is reestablished pursuant to the authority of Title 31 United States
Code, Section 3511, as part of a continuous program for improving
accounting and financial reporting in the federal government.
Notice is also hereby given that the Sponsors have agreed to
reestablish a charter for FASAB's subcommittee, called the Appointments
Panel. The Appointments Panel's mission is to assist in the selection,
appointment, and monitoring of special government employee members of
FASAB. The Panel assists the Sponsors by recruiting and recommending
individuals for appointment or reappointment of special government
employee members. The panel also assists the Sponsors and FASAB in
evaluating and monitoring adherence to the American Institute of
Certified Public Accountants (AICPA) criteria for an entity designated
as a source for generally accepted accounting principles (GAAP).
Both charters lapsed during the most recent government shutdown,
necessitating a reestablishment of the charters as opposed to a
renewal. The Sponsors affirm that both FASAB and the Appointments Panel
are essential to the conduct of the agencies' business, are in the
public interest, and the functions cannot be performed by other means.
FOR FURTHER INFORMATION CONTACT: Ms. Monica R. Valentine, Executive
Director, 441 G Street NW, Suite 1155, Washington, DC 20548, or call
(202) 512-7350.
(Authority: 31 U.S.C. 3511(d); Federal Advisory Committee Act, 5
U.S.C. 1001-1014.)
Dated: November 18, 2025.
Monica R. Valentine,
Executive Director.
[FR Doc. 2025-20531 Filed 11-20-25; 8:45 am]
BILLING CODE 1610-02-P
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