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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2010-2160 Proposed Revisions to Accounting Guide for LSC Recipients Notice The Legal Services Corporation ("LSC") intends to revise the Accounting Guide for LSC Recipients to reflect changes that have occurred since the last publication of the Accounting Guide in 1997 and is soliciting public comment on the proposed changes. The proposed revisions incorporate: (1) New internal control provisions for electronic banking transactions; (2) financial oversight concepts from the Sarbanes Oxley Act of 2002; (3) references to the accounting standards codification by the Financial Standards Accounting Board (FASB) released on July 1, 2009; (4) key practices to enhance fraud prevention; (5) provisions in other LSC policies, including the LSC Property Acquisition and Management Manual and LSC Program Letters; (6) revisions to accounting procedures and internal controls to reflect current best practices; (7) updated and new references to other sources of information; and (8) other changes to clarify existing provisions. The proposed revisions to the Accounting Guide for LSC Recipients (2010 edition), in redline format indicating the proposed changes to the current Accounting Guide (1997), can be located by accessing LSC's Web site at http://www.lsc.gov/pdfs/proposed_ revisions_to_accounting_guide_for_lsc_recipients.pdf. 2010-02-02 2010 2 https://www.federalregister.gov/documents/2010/02/02/2010-2160/proposed-revisions-to-accounting-guide-for-lsc-recipients https://www.govinfo.gov/content/pkg/FR-2010-02-02/pdf/2010-2160.pdf Legal Services Corporation 276 The Legal Services Corporation ("LSC") intends to revise the Accounting Guide for LSC Recipients to reflect changes that have occurred since the last publication of the Accounting Guide in 1997 and is soliciting public comment on the proposed changes....  

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