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Financial Report of the United States Government
          A program of the Bureau of the Fiscal ServiceFinancial Report of the United States Government Menu
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          Fiscal Service A-Z Index
                This A–Z Index lists all Fiscal Service content. You can also view just the Programs & Services.A
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                  ZA

                      About the Fiscal Service

                        Accessibility Statement

                        ACH - Automated Clearing House

                        ACH Payment Schedule: Recurring Benefits and Military Active Duty, Reserves, and Benefits

                        AWG - Administrative Wage Garnishment

                        ARM -  Agency Relationship Management
						
						APG - Agency Priority Goal
                        
                        America's  Finance Guide

                        Annual Fiscal Service Letters

                        Annual Report, United States Government

                        Anti-Harassment Policy Statement

                        ASAP - Automated Standard Application for Payment

                B

                      Bank Management System
                        Budget Surplus/Deficit Publications

                        Bulk Data Formats for Salary and Vendor/Miscellaneous Payments

                        Business & Institutions, Services for

                C

                      CAS - Card Acquiring Service

                        Careers

                        CMIA - Cash Management Improvement Act

                        CARS - Central Accounting Reporting System

                        CRS - Centralized Receivables Service
						
						Certifying Officer Training

                        CFS - Consolidated Financial Statements of the United States Government

                        Check Claims

                        Check Payment Formats

                        Check Reclamation Guide: The Gold Book

                        CIR - Collections Information Repository

                        Circular 176: Depositaries and Financial Agents of the Federal Government (31 CFR 202)

                        Circular 570: Treasury’s Approved Listing of Sureties

                        Collateral

                        Combined Statement of Receipts, Outlays, and Balances of the United States Government

                        Contact the Fiscal Service

                        Credit Gateway

                        Credit Reform Accounting

                        Cross-Servicing (Debt Collection)

                        Current Value of Funds Rate

                D

                      Data Transparency
                        DCIA - Debt Collection Improvement Act (1996)

                        DDM - Debt Management

                        DNP – Do Not Pay

                        DTS - Daily Treasury Statement

                        Debit Card

                        Debit Gateway

                        Direct Deposit (Electronic Funds Transfer)

                        Direct Express®

                E

                      EagleCash

                        eCollections

                        eCommerce Collections
						
						Electronic Check Processing

                        EFTPS - Electronic Federal Tax Payment System

                        Electronic Funds Transfer

                        EEO Complaint Process

                        EEO/Diversity Policy Statement

                        EFT Payment Formats

                        E-Mail Notification Service

                        Exchange Rates (Treasury Reporting Rates of Exchange)

                        EZPay

                        Events

                F

                      FAST - Federal Accounts Symbols and Titles (FAST Book)

                        FEDInvest – FedInvest - Federal Investments Program

                        Federal Borrowings Program

                        Federal Disbursement Services

                        Federal Tax Application

                        Federal Tax Collection Service
						
						FIT - Financial Innovation and Transformation

                        Financial Management and Standardization
						
						Financial Management Standards
                        
                        FM QSMO – Financial Management Quality Service Management Office
						
						FMSC – Financial Management Standards Committee

                        Financial Report of the United States Government
						
						Fiscal Service Data Registry

                        Fiscal Service Locations
						
						FM Vision
						
 						FOIA - Freedom of Information Act
                        Foreign Claims (Unpaid)

                        Forms

                        Franchise Services

                        Fund Balance With Treasury

                G

                      G-Invoicing
                        General Fund

                        General Lockbox Network

                        General Public, Services for

                        Gifts to reduce the Public Debt

                        Gifts to the United States Government

                        Gold Book (Reclamations Procedures)

                        Go Direct

                        Gold Report

                        Government Agencies, Services for

                        GWA – Governmentwide Accounting

                        GFRS – Governmentwide Financial Report System

                        GTAS – Governmentwide Treasury Account Symbol Adjusted Trial Balance System

                        Governmentwide Debt Collection

                        Green Book

                H

                      History of the Fiscal Service

                        Human Resources

                I

                      IFCS - Intragovernmental Fiduciary Confirmation System

                        IPAC - Intragovernmental Payment and Collection System

                        IPP - Invoice Processing Platform

                        Imprest Fund

                        IRS Lockbox

                        Interest Calculators

                        International Treasury Services (ITS.gov)

                J

                      Judgment Fund

                K

                      KFC - Kansas City Financial Center (now Federal Disbursement Services)
                        KFC Dispatch (now Payment News)

                L

                      LPA - Legislative and Public Affairs

                M

                      MBDP - Minority Bank Deposit Program

                        MMC - Military Meal Checks Program

                        Modernization, Innovation, and Payment Resolution (now Payment Integrity and Resolution Services)

                        MSPD - Monthly Statement of the Public Debt

                        MTS - Monthly Treasury Statement

                N

                      National Payment Center of Excellence (NPCE)(now Federal Disbursement Services)

					    National Payment Integrity and Resolution Center(now Payment Integrity and Resolution Services)

					    NPCE Payment News(now Federal Disbursement Services)

                        Navy Cash/Marine Cash

                        News from the Fiscal Service

                O

                      OTCnet

                P

                      PIRS - Payment Integrity and Resolution Services

                        PACER - Payments, Claims and Enhanced Reconciliation

                        PAM - Payment Automation Manager

                        PICOE - Payment Integrity Center
						
						PFC - Philadelphia Financial Center (now Payment Integrity and Resolution Services)
						
                        Pay.gov

                        Payment Formats

                        PIR - Payment Information Repository

                        PFC Journal

                        Press Releases

                        Private Relief Act

                        Privacy and Civil Liberties Impact Assessments

                        Privacy Policy and Legal Notices

                        Prompt Payment

                        Public Affairs, Legislative and (LPA)

                        Public, Services for the

                        Publications, Fiscal Service

                R

                      Rates & Sureties			                       

                        Reclamations, Checks

                        Reference & Guidance

                        RFC - Regional Financial Center 

                        Reports

                S

                      SAM - Shared Accounting Module

                        SGL/USSGL - United States Standard General Ledger

                        SLGS – State and Local Government Securities

                        SPS - Secure Payment System

                        Savings Bonds

                        Shared Services

                        Standard General Ledger, United States (USSGL)

                        State and Local Government Securities Overview

                        State and Local Tax Withholding

                        Statements

                        Status Report of U.S. Treasury-Owned Gold

                        Stored Value Card
                        SDA – Summary Debt Accounting

                        Surety Bonds

                        Systems Access

                T

                      TIN - Taxpayer Identifying Number

                        TRO - Tax Refund Offset

                        Tax Refund Offset FAQ                        

                        Training Opportunities
						
						TAS - Treasury Account Symbol
						
                        TAR - Treasury Annual Report Appendix 
						
						Treasury Bank Mentor-Protégé Program

                        Treasury Bulletin

                        TCIS - Treasury Check Information System

                        Treasury Check Security Features

                        TCMM - Treasury Collateral Management & Monitoring

                        TFM - Treasury Financial Manual

                        TMA - Treasury Managed Accounts
						
                        TOP - Treasury Offset Program

                        TROR - Treasury Report on Receivables

                        TGA - Treasury General Account

                        Treasury Securities and Programs

                        TSS - Treasury Securities Services

                U

                      Unclaimed Assets, FAQ

                        U.S. Debit Card

                        USA Spending

                        USSGL - United States Standard General Ledger

                        Unpaid Foreign Claims
                V
                      
                      Vendor Payment Guidance


- Bureau of the Fiscal Service
- Financial Report of the United States Government
- Management's Discussion & Analysis

# Management's Discussion & Analysis

## Financial Management Progress and Priorities

### Additional  Information

This *Financial  Report*'s Appendix contains the names and websites of the  significant Government entities included in the *Financial Report’s* financial statements.  Details about the information in this *Financial Report* can be found in these  entities’ financial statements included in their Performance and Accountability  and Agency Financial Reports.  This *Financial Report*, as well as those  from previous years, is also available at the Treasury, OMB, and GAO websites  at:  http://www.fiscal.treasury.gov/reports-statements/financial-report/previous-reports.html; http://www.whitehouse.gov/omb/financial/index.html; and https://www.gao.gov/topics/budget-and-spending, respectively.  Other related Government publications  include, but are not limited to the:

- *Budget of  the United States Government*,
- *Treasury  Bulletin*,
- *Monthly  Treasury Statement of Receipts and Outlays of the United States Government*,
- *Monthly  Statement of the Public Debt of the United States*,
- *Economic  Report of the President*, and
- *Trustees’  Reports* for the Social Security and Medicare Programs.

## Limitations of the Financial Statements

The principal financial statements have been prepared to report the financial position and  results of operations of the federal government, and the financial condition  and changes in financial condition of its social insurance programs, and the  federal government’s projected long-term trends in receipts, spending, and  debt, pursuant to the requirements of 31 U.S.C. § 331(e)(1).   These statements are in addition to the financial reports used to  monitor and control budgetary resources that are prepared from the same books  and records.

A Message from the Secretary of the Treasury - PDF version
            Table of Contents - PDF version
            Results in Brief - PDF version
            The Nation By The Numbers
            Executive Summary - PDF version
              Where We Are Now
                Where We Are Headed
                Find Out More
            Management's Discussion & Analysis - PDF version
              The Government ́s Financial Position and Condition
                The Long-Term Fiscal Outlook
                Agency Audit Results, Systems, Controls, and Legal Compliance Systems, Controls, and Legal Compliance
                Financial Management Progress and Priorities
                Additional Information
            Statement of the Comptroller General of the United States - PDF version
            Financial Statements - PDF version
              Statements of Net Cost
                Statements of Operations and Changes in Net Position
                Reconciliations of Net Operating Cost and Budget Deficit
                Statements of Changes in Cash Balance from Budget and Other Activities
                Balance Sheets
                Statements of Long-Term Fiscal Projections
                Statements of Social Insurance and Changes in Social Insurance Amounts
                Statements of Changes in Social Insurance Amounts
            Notes to the Financial Statements - PDF version
              Note 1. Summary of Significant Accounting Policies - PDF version
                Note 2. Cash and Other Monetary Assets - PDF version
                Note 3. Accounts and Taxes Receivable, Net - PDF version
                Note 4. Loan Receivable and Loan Guarantee Liabilities, Net - PDF version
                Note 5. Inventories and Related Property, Net - PDF version
                Note 6. Property, Plant, and Equipment, Net - PDF version
                Note 7. Debt and Equity Securities - PDF version
                Note 8. Investments in Government-Sponsored Enterprises - PDF version
                Note 9. Other Assets - PDF version
                Note 10. Accounts  Payable - PDF version
                Note 11. Federal Debt  Securities Held by the Public and Accrued Interest - PDF version
                Note 12. Federal Employee  and Veteran Benefits Payable - PDF version
                Note 13. Environmental and Disposal  Liabilities - PDF version
                Note 14. Benefits Due and Payable - PDF version
                Note 15. Insurance and Guarantee Program Liabilities - PDF version
                Note 16. Other Liabilities - PDF version
                Note 17. Collections and Refunds of Federal Revenue - PDF version
                Note 18. Contingencies - PDF version
                Note 19. Commitments - PDF version
                Note 20. Funds from Dedicated Collections - PDF version
                Note 21. Fiduciary  Activities - PDF version
                Note 22. Social Insurance - PDF version
                Note 23. Long-Term  Fiscal  Projections - PDF version
                Note 24. Stewardship Land and Heritage Assets - PDF version
                Note 25. Subsequent Events - PDF version
            Required Supplementary Information (Unaudited) - PDF version
              The Sustainability of Fiscal Policy - PDF version
                Social Insurance - PDF version
                Deferred Maintenance and Repairs - PDF version
                Other Claims for Refunds - PDF version
                Tax Assessments - PDF version
                Federal Oil and Gas Resources - PDF version
                Federal Natural Resources Other than Oil and Gas - PDF version
            Other Information (Unaudited) - PDF version
              Tax Burden - PDF version
                Tax Gap - PDF version
                Unmatched Transactions and Balances - PDF version
            Required Supplementary Stewardship Information (Unaudited) - PDF version
            Appendices
              Appendix A: Reporting Entity - PDF version
                Appendix B: Acronyms - PDF version
            U.S. Government Accountability Office Independent Auditor's Report - PDF version
            List of Social Insurance Charts - PDF version
            Related Resources Certain material weaknesses, limitations, and uncertainties prevented the Government Accountability Office from expressing an opinion on the U.S. Government's consolidated financial statements included in the *Financial Report* and, therefore, GAO disclaimed an opinion on such statements. Certain information included on or referenced in this website, such as individual agency financial reports that were audited by other auditors, is separate from and not specifically reported in the *Financial Report* and therefore not covered by GAO's disclaimer.


Last modified 01/30/23

Financial Report of the United States Government

A program of the Bureau of the Fiscal Service



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