Cost Accounting Standards Board Meeting Agenda, 64110 [2019-25169]

Download as PDF 64110 Federal Register / Vol. 84, No. 224 / Wednesday, November 20, 2019 / Notices Polygraph Protection Act of 1988 (EPPA), 29 U.S.C. 2001 et seq. The EPPA prohibits most private employers from using any lie detector tests either for pre-employment screening or during the course of employment. The Act contains an exemption applicable to Federal, State and local government employers. The EPPA also contains several limited exemptions authorizing polygraph tests under certain conditions, including testing: (1) By the Federal Government of experts, consultants, or employees of Federal contractors engaged in national security intelligence or counterintelligence functions; (2) of employees the employer reasonably suspects of involvement in a workplace incident resulting in economic loss or injury to the employer’s business; (3) of some prospective employees of private armored cars, security alarm and security guard firms; and (4) of some current and prospective employees of certain firms authorized to manufacture, distribute, or dispense controlled substances. The WHD may assess civil money penalties against employers who violate any EPPA provision. This amount increases annually due to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. On November 2, 2015, the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 was signed into law to advance the effectiveness of civil money penalties and to strengthen their deterrent effect. Outdated penalties are a problem because civil penalties are less effective when they do not keep pace with the cost of living. The law directs agencies across the federal government to adjust their penalties for inflation each year in January. II. Review Focus: The Department of Labor is particularly interested in comments which: • Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; • Enhance the quality, utility, and clarity of the information to be collected; • Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; • Minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, VerDate Sep<11>2014 17:21 Nov 19, 2019 Jkt 250001 e.g., permitting electronic submissions of responses. III. Current Actions: The Department of Labor seeks an approval for the extension of this information collection in order to ensure effective administration of the Employee Polygraph Protection Act. Type of Review: Extension. Agency: Wage and Hour Division. Title: Application of the Employee Polygraph Protection Act. OMB Number: 1235–0005. Affected Public: Business or other forprofit, Not-for-profit institutions, Farms, State, Local, or Tribal Government. Total Respondents: 593,400. Total Annual Responses: 593,400. Estimated Total Burden Hours: 68,739. Estimated Time per Response: 30–45 minutes. Frequency: On occasion. Total Burden Cost (capital/startup): $0. Total Burden Cost (operation/ maintenance): $0. Dated: November 13, 2019. Amy DeBisschop, Director, Division of Regulations, Legislation, and Interpretation. [FR Doc. 2019–25089 Filed 11–19–19; 8:45 am] BILLING CODE 4510–27–P OFFICE OF MANAGEMENT AND BUDGET Office of Federal Procurement Policy Cost Accounting Standards Board Meeting Agenda Cost Accounting Standards Board, Office Federal Procurement Policy, Office of Management and Budget. ACTION: Notice of agenda for closed Cost Accounting Standards Board meetings. AGENCY: The Office of Federal Procurement Policy (OFPP), Cost Accounting Standards Board (CAS Board) is publishing this notice to advise the public of its fall meetings. The notice is published pursuant to section 820(a) of the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2017, which requires the CAS Board to publish agendas of its meetings in the Federal Register. The meetings are closed to the public. DATES: November 21, 2019. ADDRESSES: New Executive Office Building, 725 17th Street NW, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Raymond Wong, Staff Director, Cost SUMMARY: PO 00000 Frm 00073 Fmt 4703 Sfmt 9990 Accounting Standards Board (telephone: 202–395–6805; email: rwong@ omb.eop.gov). The CAS Board is issuing this notice for public awareness of a meeting held on October 8, 2019 and a meeting upcoming on November 21, 2019. The list of agenda items for these meetings is set forth below. While CAS Board meetings are closed to the public, the Board welcomes comments and inquiries, which may be directed to the staff director using the contact information above. Agenda for CAS Board Meetings on October 8, 2019 and November 21, 2019 1. Conformance of Cost Accounting Standards (CAS) to Generally Accepted Accounting Principles (GAAP). Section 820 requires the CAS Board to review and conform CAS, where practicable, to GAAP. In furtherance of section 820, the CAS Board is discussing the following tentatively planned actions, taking into account comments received in response to the staff discussion paper (SDP) it published on March 13, 2019 (84 FR 9143): (1) A notice addressing public comments received on its framework principles to guide its conformance analyses; (2) an advanced notice of proposed rulemaking (ANPRM) addressing the conformance of CAS to GAAP on revenue recognition and lease accounting; and (3) an ANPRM on conformance of CAS 408, Accounting for Costs of Compensated Personal Absence, and CAS 409, Cost Accounting Standard Depreciation of Tangible Capital Assets, to GAAP. The CAS Board will also discuss an SDP on conformance of CAS 404, Capitalization of Tangible Assets, and CAS 411, Accounting for Acquisition Costs of Material, to GAAP. 2. CAS Board Annual Report for Fiscal Year 2019. Section 820 amended 41 U.S.C. 1501(e) to require the Board to submit a report to Congress annually on the actions taken by the Board during the prior year. The Board is reviewing its FY 2019 activities in preparation of the drafting of its first annual report to Congress. Michael E. Wooten, Administrator for Federal Procurement Policy, and Chair, Cost Accounting Standards Board. [FR Doc. 2019–25169 Filed 11–19–19; 8:45 am] BILLING CODE 3110–01–P E:\FR\FM\20NON1.SGM 20NON1

Agencies

[Federal Register Volume 84, Number 224 (Wednesday, November 20, 2019)]
[Notices]
[Page 64110]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-25169]


=======================================================================
-----------------------------------------------------------------------

OFFICE OF MANAGEMENT AND BUDGET

Office of Federal Procurement Policy


Cost Accounting Standards Board Meeting Agenda

AGENCY: Cost Accounting Standards Board, Office Federal Procurement 
Policy, Office of Management and Budget.

ACTION: Notice of agenda for closed Cost Accounting Standards Board 
meetings.

-----------------------------------------------------------------------

SUMMARY: The Office of Federal Procurement Policy (OFPP), Cost 
Accounting Standards Board (CAS Board) is publishing this notice to 
advise the public of its fall meetings. The notice is published 
pursuant to section 820(a) of the National Defense Authorization Act 
(NDAA) for Fiscal Year (FY) 2017, which requires the CAS Board to 
publish agendas of its meetings in the Federal Register. The meetings 
are closed to the public.

DATES: November 21, 2019.

ADDRESSES: New Executive Office Building, 725 17th Street NW, 
Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: Raymond Wong, Staff Director, Cost 
Accounting Standards Board (telephone: 202-395-6805; email: 
[email protected]). The CAS Board is issuing this notice for public 
awareness of a meeting held on October 8, 2019 and a meeting upcoming 
on November 21, 2019. The list of agenda items for these meetings is 
set forth below. While CAS Board meetings are closed to the public, the 
Board welcomes comments and inquiries, which may be directed to the 
staff director using the contact information above.

Agenda for CAS Board Meetings on October 8, 2019 and November 21, 2019

    1. Conformance of Cost Accounting Standards (CAS) to Generally 
Accepted Accounting Principles (GAAP). Section 820 requires the CAS 
Board to review and conform CAS, where practicable, to GAAP. In 
furtherance of section 820, the CAS Board is discussing the following 
tentatively planned actions, taking into account comments received in 
response to the staff discussion paper (SDP) it published on March 13, 
2019 (84 FR 9143): (1) A notice addressing public comments received on 
its framework principles to guide its conformance analyses; (2) an 
advanced notice of proposed rulemaking (ANPRM) addressing the 
conformance of CAS to GAAP on revenue recognition and lease accounting; 
and (3) an ANPRM on conformance of CAS 408, Accounting for Costs of 
Compensated Personal Absence, and CAS 409, Cost Accounting Standard 
Depreciation of Tangible Capital Assets, to GAAP. The CAS Board will 
also discuss an SDP on conformance of CAS 404, Capitalization of 
Tangible Assets, and CAS 411, Accounting for Acquisition Costs of 
Material, to GAAP.
    2. CAS Board Annual Report for Fiscal Year 2019. Section 820 
amended 41 U.S.C. 1501(e) to require the Board to submit a report to 
Congress annually on the actions taken by the Board during the prior 
year. The Board is reviewing its FY 2019 activities in preparation of 
the drafting of its first annual report to Congress.

Michael E. Wooten,
Administrator for Federal Procurement Policy, and Chair, Cost 
Accounting Standards Board.
[FR Doc. 2019-25169 Filed 11-19-19; 8:45 am]
 BILLING CODE 3110-01-P