SYNOPSIS PAPER REQUIREMENTS

Content Requirements

Your synopsis paper MUST include the following sections and adequati

include each of the following elements and address each question posed below.

I.

Prologue

A. Title and number

B. Effective date of implementation

C. Preceding standard

D. Succeeding standard

E. Related standard (s)

I.

Purpose

(What is the standard designed to accomplished? What are its intended

effect(s)?

TIT

IV.

V.

Problem

(What were the challenges or issues encountered by government preparers

and/or users which made necessary the new standard?)

Parties and Positions

A. Proponents of new standard

B. Proponents’ argument (s)

C. Opponents of new standard

D. Opponents’ argument (s)

Prescription

(Provide a lengthy summation of the requirements of the new standard.)