FASAB: Assigning To Component Entities Costs and Liabilities That Result From Legal Claims Against the Federal Government; Technical Bulletin 2002-1, July 2002
Published: Jul 01, 2002. Publicly Released: Jul 01, 2002.
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Highlights
This document clarifies the required reporting of costs and liabilities resulting from claims against the Federal government. It also requires that all liabilities and costs related to legal claims must be attributed to the component entities responsible for the programs or activities that contributed to the claims, or to their successor component entities.