ASIC: Accounting Standards Implementation Committee

Credit Reform Task Force

The credit reform task force, composed of members of Treasury, GAO, OMB, and representatives from all the credit agencies, formed under the AAPC to address accounting, auditing, budgeting, and reporting issues encountered by agencies subject to the Credit Reform Act of 1990. The CFO Subcommittee on Credit Reform and the Government-wide Audited Financial Statement Task Force Subcommittee on Credit Reform were merged into this group, which met periodically to discuss and resolve credit-specific issues.

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