Revised Bond Fee Plan Floated

Hume, Lynn
September 2003
Bond Buyer;9/8/2003, Vol. 345 Issue 31714, p1
Trade Publication
Reports on efforts of the Financial Accounting Foundation to obtain support from securities issuer groups for a proposed plan to impose bond fee on brokers-dealer in order to bridge the Governmental Accounting Standards Board's (GASB) funding gap in the U.S. Amount for GASB funding to be raised through the proposal; Plan of Relmond Van Daniker, executive director of Louisville, Kentucky-based National Association of State Auditors, to leave municipal bond market; Involvement of Van Daniker in two controversial GASB funding proposals.


Related Articles

  • SEA sick. Cheney, Glenn // Accounting Today;5/19/2008, Vol. 22 Issue 9, p5 

    The article focuses on the concepts statement about governmental service efforts and accomplishments (SEA) issued by the U.S. Governmental Accounting Standards Board (GASB). It states that when GASB issued its first thoughts on SEA in 1994, the scope of the statement reached a bit beyond...

  • GASB Plans to Issue Accounting Guidance on Tobacco Bonds. Hume, Lynn // Bond Buyer;5/21/2003, Vol. 344 Issue 31640, p4 

    The U.S. Governmental Accounting Standards Board plans to issue accounting guidelines in 2003 that will tell state and local governments whether bonds securitized by expected tobacco settlement money should be treated as liabilities in their annual financial reports. The guidance would be...

  • public plan news. Bradford, Hazel; Greenan, Hattie; McCarthy, Lorraine; Douglas, Drew // Benefits Magazine;Dec2011, Vol. 48 Issue 12, p46 

    This section offers news briefs on U.S. public employee benefit plans. The Government Accounting Standards Board has released a draft of rules using a 30-year municipal bond rate and making unfunded pension liabilities prominent on the balance sheet. The 2011 PSCA 403(b) Plan survey showed a...

  • GASB: Governments Must Blend Tobacco Debt Into Statements. McDonald, Michael // Bond Buyer;3/31/2004, Vol. 347 Issue 31853, p1 

    Reports that the U.S. Governmental Accounting Standards Board (GASB) has approved a technical bulletin that will require governments to blend tobacco debt into their financial statements. Efforts of GASB to make governments' accounting treatment of tobacco bonds consistent; Estimated tobacco...

  • GASB Wants Tobacco Bond Blend. McDonald, Michael // Bond Buyer;12/22/2003, Vol. 346 Issue 31786, p1 

    Reports on the release of the proposed technical bulletin by the U.S. Governmental Accounting Standards Board. Standards for tobacco settlement recognition and financial reporting entity issues; Inclusion of the tobacco bonds in the government's balance sheet; Assessment of the general...

  • NEWS briefs.  // New Jersey CPA;Jul/Aug2009, p6 

    The article offers news brief related to accounting in the U.S. Additional business assistance tax clearance fee will be imposed in New Jersey effective March 1, 2009. The Financial Accounting Standards Board (FASB) has issued three final staff positions (FSPs) which provide additional guidance...

  • Will the GASB rule changes hurt retirees?  // State Health Watch;Nov2008, Vol. 15 Issue 11, p9 

    The article discusses the impact of Government Accounting Standards Board (GASB) rule changes on the post-employment benefits of retired workers in the U.S. The rules require government employers to measure and report the liabilities associated with post-employment. According to Ilene Marcus,...

  • GASB Budget Woes, Fear of SEC, Behind NASACT's Bond-Fee Idea. Hume, Lynn // Bond Buyer;6/27/2003, Vol. 344 Issue 31666, p1 

    Fearful that a Governmental Accounting Standards Board (GASB) budget shortfall could lead to federal funding and control of GASB, the National Association of State Auditors, Comptrollers & Treasurers (NASACT) is considering ideas for eliminating the shortfall and stabilizing funding for the...

  • Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing of Proposed Rule Change Relating to Establishing a Governmental Accounting Standards Board Accounting Support Fee. Murphy, Elizabeth M. // Federal Register (National Archives & Records Service, Office of;1/9/2012, Vol. 77 Issue 5, p1119 

    The article presents information on a notice issued by the U.S. Securities and Exchange Commission (SEC) related to a request filed by Financial Industry Regulatory Authority regarding a proposed rule change (PRC). As per the notice, the purpose of the PRC is to establish an accounting support...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics