FASAB Guidance for SFFAS 64 Implementation Exposure Draft
Summary
The Federal Accounting Standards Advisory Board (FASAB) has released an exposure draft for a Staff Implementation Guide for SFFAS 64. This guidance aims to assist entities in implementing Management's Discussion and Analysis requirements. Public comments are requested by March 13, 2026.
What changed
The Federal Accounting Standards Advisory Board (FASAB) has issued an exposure draft for a Staff Implementation Guide concerning the implementation of SFFAS 64, specifically focusing on Management's Discussion and Analysis (MD&A). This document is intended to provide clarity and practical direction for government entities in meeting the requirements of SFFAS 64.
Government agencies that are subject to SFFAS 64 should review this exposure draft and submit comments by the deadline of March 13, 2026. The FASAB is seeking feedback on all aspects of the proposed guidance to ensure its effectiveness and clarity in practice. This is a non-binding consultation, but feedback is crucial for shaping the final implementation guidance.
What to do next
- Review the FASAB exposure draft for Guidance for Implementing SFFAS 64.
- Submit comments on the exposure draft by March 13, 2026.
Source document (simplified)
Content
ACTION:
Notice.
SUMMARY:
Notice is hereby given that the Federal Accounting Standards Advisory Board (FASAB) staff has released for public comment
an exposure draft of a proposed Staff Implementation Guide titled Guidance for Implementing SFFAS 64: Management's Discussion and Analysis. Respondents are encouraged to comment on any part of the exposure draft.
DATES:
Responses are requested by March 13, 2026.
ADDRESSES:
The exposure draft is available on the FASAB website at https://www.fasab.gov/documents-for-comment/. Copies can be obtained by contacting FASAB at (202) 512-7350. Comments should be sent to mda@fasab.gov.
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: January 13, 2026. Monica R. Valentine, Executive Director. [FR Doc. 2026-00761 Filed 1-15-26; 8:45 am] BILLING CODE 1610-02-P
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