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Department of Commerce FY 2023/2024 Financial Statements GuidanceIntragovernmental Transactions (IGT) Reporting/ReconciliationI. PurposeThis attachment provides instructions and guidance to the Department
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Step 1: Start by reading the instructions provided with the 2 OMB Circular A-136 form.
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OMB Circular A-136 provides guidance for the preparation and submission of federal agency financial reports and the financial statements that accompany them.
All federal agencies are required to file under OMB Circular A-136.
To fill out OMB Circular A-136, agencies must follow the guidelines outlined in the circular, which include specific reporting formats and data requirements.
The purpose of OMB Circular A-136 is to improve the consistency and transparency of federal financial reporting.
Agencies must report financial statements, notes to the financial statements, and other relevant data as specified in the circular.
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