[11010]
May 26, 1999
TO: ACCOUNTING/TREASURERS COMMITTEE No. 16-99
INDEPENDENT ACCOUNTANTS ADVISORY COMMITTEE No. 5-99
RE: MEETING AGENDA - JUNE 3, 1999
______________________________________________________________________________
A draft agenda for the meeting of the Accounting/Treasurers Committee and the Independent
Accountants Advisory Group on June 3, 1999 is attached. The meeting will be held at the offices of the
Investment Company Institute, 1401 H Street, N.W. in Washington. The meeting is scheduled to begin
at 10:00 a.m. in the Silver conference room which is located on the twelfth floor. Lunch will be served
and the meeting should end no later than 1:00 p.m. Please contact the undersigned if there are any
additional issues you would like to discuss at the meeting.
Gregory M. Smith
Director - Operations/
Compliance & Fund Accounting
Attachment
INVESTMENT COMPANY INSTITUTE
ACCOUNTING/TREASURERS COMMITTEE
June 3, 1999
AGENDA
I. Antitrust Policy & Compliance Update
II. Tax Items
Legislative Update
Disclosure to Investors on Taxes
Advisor Deductibility of Fund Start-up Costs
IRS Audits of Fund Distributors
Year-end Distributions
III. Subcommittee Reports
1. Accounting Policy Subcommittee
Current Projects Update
2. Securities Operations Subcommittee
Settlement Procedures During Broker
Collapse in Selected Markets
IV. AICPA Investment Companies Committee Activities
Audit Guide
a. Summary of April 28 AcSEC Meeting
Schedule for AcSEC/FASB Clearance
V. Other Items
Fund Directors Best Practices Advisory Group
ISB Mutual Funds Task Force
SEC Rule 17f-5
NYSE/NASD Extended Trading
Y2K Items
ICI Tax & Accounting Conference: September 12-15
Next Meeting: December 2