FAM No. 2002-11 (Cash and Investments Held Outside of the United States Treasury)
August 29, 2002
FINANCIAL ADMINISTRATION MEMORANDUM NO. 2002-011 (II.F.1)
To: Bureau Assistant Directors, Administration
Chief Executive Officer, National Business Center
Bureau Finance Officers
Finance Officer, Financial Management Services
Director, Office of Acquisition and Property Management
From: William E. Webber /s/
Focus Leader, Asset and Debt Management
Office of Financial Management
Subject: Cash and Investments Held Outside of the United States Treasury
The Financial Management Service (FMS), Department of the Treasury, in response
to a question raised by the Treasury’s Fiscal Assistant Secretary as to the
accountability controls and reporting information on Cash and Investments Held
Outside of the U.S. Treasury, has been developing policy and procedures relating
to the accounting for and reporting of Cash and Investments Held Outside of the U.S.
Treasury over the past year.
Attached is what the FMS believes is the final draft of the policy and procedures for
Cash and Investments Held Outside of the U.S. Treasury. The FMS intends to publish
the guidelines for agencies to implement the policies and procedures in the Treasury
Financial Manual on October 1, 2002.
The FMS plans are to implement the guidelines with pilot agencies (Federal Bureau of
Investigation, Federal Communications Commission, Tennessee Valley Authority,
U.S. Courts, U.S. Postal Service and Department of Veterans Affairs), beginning with
the FMS 224 (Statement of Transactions) / FMS 1219 (Statement of Accountability) / FMS1220
(Statement of Transactions, used by Non-Treasury Disbursing Offices) reporting period for
October 2002, and implement government-wide with the reporting period for January 2003.
Should you have any questions concerning this subject, please contact me on (202) 208-5684.
Attachment
