MEETING #4 March 20, 2007: 10:30–12:00p.m. Conference Call    (3IQB)

1 Discussed at the meeting:    (3IQC)

'''1.1) The group discussed the template V01 and the template V02. However after further discussion it was decided that clarification was required from both OMB & FASAB on the wording in SFFAS No.7 and because of the specific wording in paragraph 80 & 81 would format changes be allowed. **Don will ask OMB to attend 3/27 call, ** Alice will pursue clarification with FASAB.    (3IS8)

1.2) the group decided to develop a list of issues/problems that exist with the current SOF format. ** Please forward your list of issues to Don who will compile a list, **Don will also check with Richard on a list from previous years. As we continue to consider various formats it is important to get feedback on the issues causing preparation problems by fund type category and Trust Funds    (3IQK)

2 Administrative Items:    (3IQN)

4 References:    (3IRV)

-OMB Circular A-136 - Full Circular    (3IRW)

-OMB Circular A-136 - SOF Section    (3IRX)

-FMS Crosswalk to SOF (FY07 Reporting)    (3IRY)

-FASAB SFFAS07    (3IRZ)

-[add file here Implementation Guide SOF SFFAS7, Accounting for Revenue and Other Financing Sources: Detailed Information on the Statement of Financing]    (3IS0)

-SOF Quick Reference Guide (Kevin Close – USDA)    (3IS1)

-Last Year FY06 Recommendation    (3IS2)

return to--SOF Collaborative Website (WIKI)    (3IS3)