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FGMSD-80-87 1 (1980-09-04)

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                                                               113994



The Honorable Michael Pertschuk
Chairman, Federal Trade Commission

Dear Mr. Chairman:

     Sub ject:LApproval of the Federal Trade Commission's
               Accounting Principles and Standards StatementJ
               (Y-G!. D-Bo-87)

     It is my pleasure to approve the Statement of Accounting Principles
and Standards for the Federal Trade Co=_,sslon. The Statement,
submi'ttted fo-a*l '- Yo  on-, )-auust -195,, IrQ  Js-cuac  d 4- con-
formity with our prescribed accounting principles and standards for
Federal agencies.

     To maintain the approved status of the Statement of Accounting
Principles and Stanaards, planned changes should be discussed with
our representatives and, if deemed significant, formally submitted
for approval.

     Representatives of our Office will continue to cooperate with
your staff in developing your accounting system design consistent
with these approved accounting principles and standards.

                                 Sincerely yours,


Comptroller General
of the United States


Scantlebury - (FGYSD)
Donlon - (FGMSD/FM)
Pewanick   (FG:SD/Fr )
Kudobeck - (FG-SD/FIM)
Blanchette - (FC.SD/F:1)


(Code 93 301)


bc:  Ir.
     Mr.
     Mr.
     Mr.
     MS.