Federal Trust Fund Accounting Guide

(Released June 2001)

Updated January 29, 2002

The Federal Trust Fund Accounting Guide is intended for use by all Federal agencies that maintain Federal trust fund accounts established on the books of Treasury, and are subject to Treasury, OMB and FASAB guidance. It is a compilation of scenarios that have been developed and approved by the USSGL Board as issues were presented to the USSGL staff. It follows current Treasury, Office of Management and Budget (OMB), and FASAB guidance.

This guide will continue to be updated with additional scenarios as issues are presented to the USSGL Staff.

Federal Trust Fund Accounting Guide:

Official Cover Letter

The Guide is comprised of an introduction, followed by eight individual scenarios. The introduction and scenarios are available in MS Word and PDF formats. The introduction and three of the scenarios also include color flowcharts depicting the basic framework or flows of the activity being illustrated. The flowcharts are available in PDF. Please print and insert the flowcharts as listed below. Also included below, for your convenience, are all of the color cover sheets to be inserted in the Guide. The files may be printed to a color or black and white printer. Printing the cover sheets and flowcharts on white coated heavy stock paper is recommended. The purchase of a 1-1/4" 3-ring binder with front pocket is also recommended. Please insert as follows:

• Binder cover (insert in the front pocket of binder) and Spine (insert in the side pocket of binder) *Note: Prints on an 11x17" sheet.



• Cover page (insert as the first page inside binder)



• Accounting Topics Illustrated in this Guide (insert as page 2)



• Scenario cover sheets (8) (insert preceding each scenario)



• Flowcharts (4):

• Agency-Managed Trust Funds (insert as page v of Introduction)
• Treasury-Managed Trust Fund Allocation Accounts (insert at beginning of Scenario V)
• Appropriations to Liquidate Contract Authority (insert at beginning of Scenario VII)
• Transfers of Contract Authority (insert at beginning of Scenario VIII)

Introduction and Individual Scenarios:

Introduction

PDF Word

Scenario I: Basic Trust Fund Accounting

PDF Word

Scenario II: Trust Fund Balances Precluded from Obligation

PDF Word

Scenario III: Trust Fund Receipts Available for Investment but not Obligation

PDF Word

Scenario IV: Trust Fund Investments

PDF Word

Scenario V: Treasury-Managed Trust Fund Allocation Accounts

PDF Word

Scenario VI: Trust Fund Appropriation Transfers for Specific Treasury Appropriation Fund Symbols

PDF Word

Scenario VII: Trust Funds with Contract Authority - Part I: Appropriations to Liquidate Contract Authority - Funded by Nonexpenditure Transfers

PDF Word

Scenario VIII: Trust Funds with Contract Authority - Part II: Transfers of Contract Authority

PDF Word

ENTIRE Guide (excluding cover sheets and flowcharts)(includes updates) (940 KB)

The above files are in MS Word and/or Portable Document Format (pdf). Use the Adobe Acrobat Reader to read PDF Files.