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We have followed Financial Accounting Standards Board catalog of best practice titles for several years now. The FASB has a solid standards development enterprise that gets picked up in our algorithm and, for the moment, we simply pass along its live public consultation notices to the education community. Administrative burden is often cited as an explanation for the rising costs of education so, to that extent, we have an interest in the FASB and GASB best practice literature.
From the project prospectus:
The Conceptual Framework establishes the concepts that underlie financial reporting. The Conceptual Framework is a coherent system of concepts that flow from the objective of financial reporting. The concepts address the selection of transactions, events, and circumstances to be represented and of items that meet the definitions of elements of financial statements; how those items should be recognized, measured, and disclosed; and how they should be summarized and presented in financial statements.
You will be asked to conform to FASB’s requirements for public comment.
Proposed Statement of Financial Accounting Concepts
Consultation closes November 13th.
We encourage user-interests in the administrative branches of educational organizations to collaborate directly with the FASB and its related unit, the Government Accounting Standards Board. The user-interest in academia may be a grant seeking enterprise, or a research project that must undergo periodic audits. It seems likely that FASB/GASB products ought to be part of an academic curriculum.
We maintain the FASB/GASB bibliography on the standing agenda of our periodic Finance teleconferences. See our CALENDAR for the next online meeting.
Issue: [20-157]
Category: Finance, Blockchain
Colleagues: Mike Anthony, Jack Janveja, Richard Robben
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AWA Research Facility Registration Updates, Reviews, and Reports
We are proposing to amend the Animal Welfare Act (AWA) regulations governing research facilities by removing duplicative and unnecessary information requirements. We would remove the requirement that registered research facilities update their registration information every 3 years. We also propose to remove the requirement for continual, but not less than annual, review of research animal use activities and replace it with a requirement for a complete review at least every 3 years, and to no longer require that research facilities request an inactive status if they no longer use, handle, or transport AWA covered animals. In addition, we propose to clarify the duration of a registration and conditions for its cancellation, and to no longer require that the Institutional Official or Chief Executive Officer sign the annual report. We would also make miscellaneous changes to improve readability. The changes we propose would reduce duplicative requirements and administrative burden on research facilities, maintain research integrity and oversight, and ensure that research animals continue to receive humane care.
A fairly stable, best practice product jointly developed by the International Code Council and the American Society of Agricultural and Biological Engineers — ASABE/ICC 802 Landscape Irrigation Sprinkler and Emitter Standard — was released for public consultation a few weeks ago; a required 5-year revision.
Prospectus: Establishes design and testing requirements for landscape irrigation sprinklers, bubblers, drip emitters and microsprays. Provides minimum design and performance requirements, and specifies uniform test methods for product performance. Sets definitions and product classifications for commonly used sprinklers and emitters. First edition of a new consensus standard developed through ICC’s ANSI-accredited standard development process in collaboration with the American Society of Agricultural and Biological Engineers (ASABE).
Redline of the proposed changes are available here: ANSI Standards Action Pages 53-56
Comments are due October 15th.
Even though the consultation period has since passed you may communicate with the project leader Fred Grable. P.E. Senior Staff Engineer and Secretariat for ICC 802 ([email protected])
Our resource allocation priorities place product and testing standards below interoperability standards because, frankly, the user-interest in education communities — despite its $300 billion annual spend on facilities — is outnumbered by Producer and General Interest stakeholders. Manufacturers (Producers) and Nationally Recognized Testing Laboratories (General Interests) can build the cost of their advocacy into the price of the product they sell to us according to ANSI’ stakeholder balance requirements. Many trade associations conform to business models that depend upon manufacturer support; particularly global industry manufacturing conglomerate support. These trade associations do re-route some of their revenue into educational and student support programs.
We keep most landscaping standards on our periodic Bucolia, Pathway and Water teleconferences. See our CALENDAR for the next online meeting; open to everyone.
Issue: [20-267]
Category: Pathways, Bucolia, Water
Colleagues: Richard Robben, Jack Janveja, John Lawter
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New update alert! The 2022 update to the Trademark Assignment Dataset is now available online. Find 1.29 million trademark assignments, involving 2.28 million unique trademark properties issued by the USPTO between March 1952 and January 2023: https://t.co/njrDAbSpwB pic.twitter.com/GkAXrHoQ9T
— USPTO (@uspto) July 13, 2023
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