FINANCIAL ADMINISTRATION MEMORANDUM NO
December 4, 2006
FINANCIAL ADMINISTRATION
MEMORANDUM NO. 2006-017 (IV), (IV.A) and (GEN)
To: Bureau
Assistant Directors, Administration
Chief Executive
Officer, National Business Center
Bureau Finance
Officers
From: Mona S.
Williams /s/
Focus Leader,
Asset and Debt Management
Office of
Financial Management
Subject: Establishing Financial
Administration Memorandum Category IV for Managerial Cost Accounting and IVA for
Activity Based Cost Management
The purpose of this
Financial Administration Memorandum (FAM) is to announce the creation of two new
FAM categories. FAM Category IV will be used to issue policy and procedures
pertaining to general Managerial Cost Accounting topics. FAM Category IVA will
be used to issue policy and procedures pertaining to the Department’s Activity
Based Cost Management (ABC/M) Program.
FAMs addressing the
Department’s ABC/M Program will remain in effect until superseded by publication
of a departmental Activity Based Cost Management Handbook. Updates to the ABC/M
Handbook will be issued through FAMs. These FAMs will remain in effect until
superseded by subsequent updates to the ABC/M Handbook.
Please direct any
questions on this subject to Mona Williams at (202) 208-5684.
cc: ABC Steering
Committee
Activities Oversight
Team
Performance
Management Council
Bureau Budget
Officers
Financial Officers
Partnership
FBMS Project
Management Office
Prior Financial
Administration Memorandum on this subject:
None