Table of Contents
Errors,
Omissions, and Comments
Chart 3-1:
Timeline of Major Federal Financial Management Laws
Supplemental
Appropriation Act of 1955
Chapter 4 – Appropriation Basics
Types
of Appropriation Authority
The
Three Basic Elements of an Appropriation
Chart 4-1:
Basic Elements of All Appropriations
Chart 4-2:
Types of Appropriations
Miscellaneous
Items to Know About Appropriations
Chart 4-3:
IRS Budget Activity Codes
Chapter 5 – United States Standard
General Ledger (USSGL)
Chart 5-1:
USSGL Major Transaction Categories
Chart 5-2:
USSGL Standard Proprietary Equation
Chart 5-3:
USSGL Expanded Proprietary Equation
Chart 5-4:
USSGL Budgetary Equation
Chart 5-5:
USSGL Accounts and Descriptions to Know By Heart
Chart 5-6:
Standard Accounting Scenarios
Chart 5-7:
GTAS Validations Summary
Chapter 6 – Accounting for Property
Chart 6-1:
The Three Most Basic Federal Property Classification Types
Chart 6-2:
Common Depreciation/Amortization Simplifying Conventions
Chapter 7 – Basic Financial System
Concepts
Chart 8-1:
Types of Federal Contracts
Temporary
Withholding of Funds (Temporary Deferrals)
Budget
Analyst Versus Accountant and Auditor Speak
Chart 9-1:
The Lingo of Budget Analysts, Accountants and Auditors
IPAC
Payments versus NonIPAC Transactions
Standard
Federal (SF) Forms Every Financial Professional Should Be Aware Of
Federal
Agency GAAP Standard Setters
Chart 9-2:
Basis of Accounting
Chart 9-3:
A Sample of Federal Agencies & The Accounting Standard They Use
Basic
Federal Financial Statement Reports
Types
of Financial Statement Audit Opinions
Chapter 10 – Reference Sources:
Knowing Where to Look
Department
of the Treasury – Bureau of the Fiscal Service
Chart 10-1:
TFM Volume I Topics (Federal Agencies)
Chart 10-2:
TFM Volume II Topics (Federal Reserve Banks)
Chart 10-3:
TFM Volume III Topics (Government Depositaries and Financial Agents)
Chart 10-4:
TFM Volume IV Topics (Other Concerned Parties)
Chart 10-5:
Sample Treasury Transmittal Letter
Chart 10-6:
Sample Treasury Bulletin
Chart 10-7:
Sample Treasury Supplement
Government
Accountability Office (GAO)
Chart 10-8:
GAO Book Cover Meanings
General
Services Administration (GSA)
Federal
Accounting Standards Advisory Board (FASAB)
Office
of Management and Budget (OMB)
Chart 10-9:
Pertinent OMB Circulars
Chapter 11 – Practical Applications
Scenario
3: Unable to Obligate Funds in a Reimbursable No-Year Fund – Expiring Funds
Scenario
4: No Funds to Pay Valid Bill
Scenario
5: No Funds to Write-off Unsupported
Accounts Receivable
Scenario
6: Negative Cash in Revolving Fund
Scenario
7: Temporary Withholding Until Congress Receives a Report
Scenario
8: Abnormal 4201 Balance
Scenario
9: Release of Expense File to Auditors With No Expenditures
Scenario
10: Linking of OMB Object Classes and Agency Subobject Codes to USSGL Accounts
Scenario
11: FOIA Request – Unclaimed Monies
Scenario
12: Congressional Request – Fines and Penalties an Agency Collects
Scenario
13: Congressional Request – How Much Obligated and Paid to a Certain
Organization
Scenario
14: Determining Available Funds in an Expired Appropriation
Scenario
15: Determining Available Funds in an No-Year Appropriation Involving a Prior
Budget Year
Scenario
16: Misapplied Agency Subobject Class Codes – Reporting Risks