6. The illustrative displays of the financial statements in OMB Circular A-136 may be modified; lines may be added or removed; different words may be used from those in the displays; and lines, notes, and rows or columns in notes that do not apply or are not informative should be excluded. (OMB Circular A-136, Section II.4.1) 7. Schedule totals presented in footnotes in support of amounts presented in the statements should agree with the amounts presented in the body of the financial statements. (OMB Circular A-136, Section II.4.1) Amounts should be rounded to the nearest whole, thousand, or million dollars. The chosen rounding level should be used consistently throughout the and footnotes. Individual amounts should add up to rounded totals. (OMB Circular A-136, Section II.4.1) 8. Line numbers should not appear on the financial statements (OMB Circular A-136, Section II.4.1) 9. Footnotes should be sequentially numbered. (OMB Circular A-136, Section II.4.1) III.B-FINANCIAL STATEMENTS (BALANCE SHEET) 1. Entity assets should be consolidated with non-entity assets, except for non-entity assets meeting the definition of fiduciary assets. (OMB Circular A-136, Section II.4.3.3) 2. Intragovernmental assets must be reported separately from assets with non-Federal entities. (OMB Circular A-136, Section II.4.3.3) 3. Investments in Federal securities must be reported separately from investments in non-Federal securities. (OMB Circular A-136, Section II.4.3.3) 4. Gross receivables must be reduced to net realizable value by an allowance for accounts. (OMB Circular A-136, Section II.4.3.3) 5. Interest receivable should be reported as a component of the appropriate asset (OMB Circular A-136, Section II.4.3.3) 6. Interest receivable related to pre-1992 and post-1991 direct loans and acquired defaulted guaranteed loans must be reported as a component of loans receivable and related foreclosed property (OMB Circular A-136, Section II.4.3.3).
6. The illustrative displays of the financial statements in OMB Circular A-136 may be modified; lines may be added or removed; different words may be used from those in the displays; and lines, notes, and rows or columns in notes that do not apply or are not informative should be excluded. (OMB Circular A-136, Section II.4.1) 7. Schedule totals presented in footnotes in support of amounts presented in the statements should agree with the amounts presented in the body of the financial statements. (OMB Circular A-136, Section II.4.1) Amounts should be rounded to the nearest whole, thousand, or million dollars. The chosen rounding level should be used consistently throughout the and footnotes. Individual amounts should add up to rounded totals. (OMB Circular A-136, Section II.4.1) 8. Line numbers should not appear on the financial statements (OMB Circular A-136, Section II.4.1) 9. Footnotes should be sequentially numbered. (OMB Circular A-136, Section II.4.1) III.B-FINANCIAL STATEMENTS (BALANCE SHEET) 1. Entity assets should be consolidated with non-entity assets, except for non-entity assets meeting the definition of fiduciary assets. (OMB Circular A-136, Section II.4.3.3) 2. Intragovernmental assets must be reported separately from assets with non-Federal entities. (OMB Circular A-136, Section II.4.3.3) 3. Investments in Federal securities must be reported separately from investments in non-Federal securities. (OMB Circular A-136, Section II.4.3.3) 4. Gross receivables must be reduced to net realizable value by an allowance for accounts. (OMB Circular A-136, Section II.4.3.3) 5. Interest receivable should be reported as a component of the appropriate asset (OMB Circular A-136, Section II.4.3.3) 6. Interest receivable related to pre-1992 and post-1991 direct loans and acquired defaulted guaranteed loans must be reported as a component of loans receivable and related foreclosed property (OMB Circular A-136, Section II.4.3.3).
FY17CEAR-Guidelines_FINAL_1.docx