2012-10610. Notice of Issuance of Statement of Federal Financial Accounting Standard 42

AGENCY:

Federal Accounting Standards Advisory Board.

ACTION:

Notice.

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 October, 2010, notice is hereby given that the Federal Accounting Standards Advisory Board (FASAB) has issued Statement of Federal Financial Accounting Standard 42, Deferred Maintenance and Repairs, Amending Statements of Federal Financial Accounting Standards 6, 14, 29 and 32.

The Standard is available on the FASAB home page http://www.fasab.gov/​standards.html.

Copies can be obtained by contacting FASAB at [phone].

FOR FURTHER INFORMATION CONTACT:

Wendy Payne, Executive Director, at [phone].

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

Dated: April 27, 2012.

Charles Jackson,

Federal Register Liaison Officer.