Getting Online Access to External & Internal Reporting
We provide a range of external and internal reporting services to federal agencies. Customers get online access to these reports, and to make the reporting even more seamless, we provide you with an accountant liaison. And, as part of the Department of the Treasury, Bureau of the Fiscal Service, we remain current on changing policy and reporting requirements, to ensure our customers comply with all federal financial reporting.
CFM External Reporting Services
We offer professional Standard General Ledger (SGL) reporting services for the preparation of federal financial reports. This includes preparing all monthly, quarterly, annual and other ad hoc reports to satisfy agency reporting requirements.
The external reporting-related work we complete includes:
- Government-wide Treasury Account Symbol (GTAS) Adjusted Trial Balance.
- Treasury Information Executive Repository (TIER).
- USASpending.gov.
- Financial statements and variance analysis, including footnotes.
- Statement of Budgetary Resources to SF133 Reconciliation.
- Account reconciliations to ensure data integrity.
- Government-wide Financial Report System (GFRS).
- Digital Accountability and Transparency Act (DATA) of 2014.
CFM Internal Reporting Services
We also help federal agencies with the following internal reporting services:
- Custom agency-specific reporting using Oracle® OBI.
- Independent reviews and approvals of loan disbursements equal to or greater than $2,500.
- Report-writing services and user training support.
- Multiple formats of reports and exported data.
- Financial management advice.
Expert Standard General Ledger Reporting
We record proprietary and budgetary accounting entries in the accounting system using United States Standard General Ledger (USSGL) attributes at the transaction level, and we do this through a combination of transaction code, system setup, and data entry in the accounting system. To ensure USSGL accuracy, CFM performs the following:
- Validating agency defined accounting flexfield values and cross validation rules to be setup in Oracle.
- Reviewing and commenting on proposed guidance from annual Federal Accounting Standards Advisory Board (FASAB) and Treasury Financial Manual (TFM) meetings..
- Updating Oracle USSGL structure based on changes to the TFM.
- Providing advice and assistance determining USSGL posting logic for transactions.
Performance Indicators
- Reporting and maintenance tasks completed by established due dates.
- Unqualified audit opinions for items under CFM control and responsibility.
Ready to Get Started?
Request a consultation for Financial Management services.
