ASIC: Accounting Standards Implementation Committee

AAPC Inter-entity Cost Task Force

The Accounting and Auditing Policy Committee (AAPC) re-established the inter-entity cost implementation task force to develop implementation guidance for SFFAS 30, Inter-Entity Cost Implementation: Amending SFFAS 4, Managerial Cost Accounting Standards and Concepts.

The task force included federal agency representatives who were experiencing issues with implementing SFFAS 30, as well as those who had SFFAS 30 implementation best practices to share.

The task force was co-chaired by D. James Sturgill, Assistant Commissioner – Government-wide Accounting Financial Management Service, Department of the Treasury, and Michael T. McFadden, Director – Office of Accountability Audits, Office of the Inspector General – Department of Labor.

PDF Image AAPC Inter-Entity Task Force 2003 Report