June 13, 1994
TO: ACCOUNTING/TREASURERS COMMITTEE NO. 29-94
INDEPENDENT ACCOUNTANTS ADV. GROUP NO. 5-94
RE: MEETING AGENDA - JUNE 23, 1994; PAYMENT IN KIND BONDS
WHITE PAPER
__________________________________________________________
The agenda for the meeting of the Accounting/Treasurers Committee and the Independent
Accountants Advisory Group on June 23, 1994 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.
Also enclosed is a draft copy of the Payment In Kind Bonds white paper prepared by the
Accounting Policy Subcommittee.
The paper has been revised substantially since the previous draft which was circulated in
November. Please review the draft paper and be prepared to provide us with any comments you may
have at the upcoming meeting. If no substantive comments are received you may be asked to vote
to approve this document for distribution to the industry.
Gregory M. Smith
Director - Operations/Compliance
Attachment
Enclosure