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APPENDIX: CONTRACT FOR SERVICES TEMPLATE Contract Number: Accounting Information Project Name: ProjectAwardActivity Number:Source of funds:U.S. Government State Government Private Private as Govt
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The FSM-US Fiscal Procedures Agreement is a framework that outlines the financial management practices and reporting requirements between the Federated States of Micronesia (FSM) and the United States.
Entities receiving financial assistance from the US government, particularly those involved in federal programs and projects in FSM, are required to file the FSM-US Fiscal Procedures Agreement.
To fill out the FSM-US Fiscal Procedures Agreement, entities must complete specific financial reporting forms provided by the FSM government, ensuring all required financial information is accurately reported.
The purpose of the FSM-US Fiscal Procedures Agreement is to ensure transparency, accountability, and proper management of financial assistance received from the US.
Information that must be reported includes financial statements, expenditures, project progress, and any other relevant documentation required by the FSM and US government.
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