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DIRECTIVE WORKFORCE SERVICES TO SUBJECT Number WSD12-11 Date January 18 2013 69 03 df 16001 WORKFORCE DEVELOPMENT COMMUNITY FFATA COMPENSATION DATA REPORTING REQUIREMENTS EXECUTIVE SUMMARY Purpose The purpose of this directive is to provide guidance to federally funded sub-awardees and subcontractors on Federal Funding Accountability and Transparency Act FFATA reporting requirements. Funds that were received under the American Recovery and Reinve...
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FFATA (Federal Funding Accountability and Transparency Act) requirements for USAID (United States Agency for International Development) include the submission of reports that disclose information about federal awards and transactions. These reports provide transparency and accountability for the use of taxpayer funds.
Prime recipients of federal awards and sub-recipients that receive federal funding through USAID are required to file FFATA requirements for USAID.
To fill out FFATA requirements for USAID, prime recipients and sub-recipients need to submit reports with the required information through the FFATA Subaward Reporting System (FSRS) or other designated systems specified by USAID.
The purpose of FFATA requirements for USAID is to provide transparency and accountability in the use of federal funds by disclosing information about federal awards and transactions. This promotes public awareness and oversight, and ensures that taxpayer funds are being used efficiently and effectively.
The information that must be reported on FFATA requirements for USAID includes details about the federal award, such as the award amount, award type, award description, and the primary location of performance. Additionally, information about sub-recipients receiving federal funds and the amounts transferred to them must also be reported.
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