Implementation Guides to SFFAS 7

NOTE: Authoritative guidance on the display (format) of financial reports prepared pursuant to the Chief Financial Officers Act of 1990, as amended, is provided by the Office of Management and Budget (OMB) in OMB Circular A-136, Financial Reporting Requirements. Updated guidance on the form and content of the statement of financing, including its location in general purpose federal financial reports, can be found in A-136.

Title of guide Date issued Explanation of document
Implementation Guide 
to Statement of
Financing in Statement of Federal Financial Accounting Standards 7, Accounting for Revenue
and Other Financing Sources: Detailed Information on
the Statement of Financing
(PDF)
April 2002 This implementation guide supersedes pars. 72-93 and 122-173 of the June 1996 Implementation Guide, Accounting for Revenue and Other Financing Sources” (PDF) and Special FASAB News Article No. 1 on the Statement of Financing (original, dated August 1998, and revised version, dated March 1999). This guide discusses concepts and reporting in general and does not provide the pro forma entries contained in the June 1996 implementation guide. The United States Standard General Ledger (USSGL) accounts and related pro forma entries and case scenarios are available on the Financial Management Service (FMS) Web site, www.fms.treas.gov/ussgl .
Implementation Guide, Accounting for Revenue and Other Financing Sources (PDF) June 1996 This document is an implementation guide for SFFAS 7, Accounting for Revenue and Other Financing Sources. It is not authoritative material. This guide presents illustrations, explanations, and a case study intended to help practice and understanding.