Financial Management Principles and Standards

Functional Series 600 – Budget and Finance

Partial Revision Date: 08/31/2011
Responsible Office: M/CFO/FPS
File Name: 620_091412

Overview

This chapter prescribes USAID’s accounting and financial reporting principles and standards. The standards in this chapter are based on Federal laws and regulations published by Federal oversight agencies, including the Office of Management and Budget (OMB), the Department of the Treasury, and the Government Accountability Office (GAO), for audit and compliance issues. The policy directives and required procedures for specific financial management topics are found in ADS Series 600, Budget and Finance.