Monthly Financial Reporting

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP78-04914A000100160002-5
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: November 11, 2016
• Document Release Date: March 2, 1999
• Sequence Number: 2
• Publication Date: August 17, 1950
• Content Type: MEMO

Approved For Release I999If T-CIA-RDP78-04914A000401
Assistant Director for Collection and
Dissemination
hiei, Administrative Staff
25X1A9a
1. Reference is made to your memorandum of 27 Jul 5C:
regarding the new financial reports issued by the Fiscal Divi-
sion. A ere the reports made primarily for your use, your
suggestions would be very sound, and I am sure that we would
adopt all of them. However, the reports are prepared to pro-
vide tinancial and .fiscal information and data to various opera-
tions, and are used in the compilation of over-ail reports that
must be made by the Agency. Although some of the information
contained in the reports sent to you is superfluous to your needs,
the budget and Fiscal people must have it, and the report sent
you is merely a copy.
2. It is realized that your office is not responsible for
controlling expenditures for personal services; however, such
information is necessary for budgetary and financial controls.
With this information, it gives you a complete financial picture
of your activities.
3. Unvouchered expenditures are reported to the I iscal
Livision, Administrative Staff, in one total for the Agency. It
is believed that if you request an object classification break-
down irom the special Support Staff on your obligations of un-
vouchered funds, they will be able to furnish it to you.
4. The statement of expenditures is quite important to the
budget and 1` fiscal people and can be of value to your operations.
obligations in the broad sense include expenditures and unliqui-
dated obligations. Although you are primarily interested in
and operate on obligations only, there are many times that an
obligation does not materialize into an expenditure because of
cancellations, change in plans, etc. A glance at the reports
can show you whether or not an expenditure has been made.
This can prevent your funds from being restricted by making a
follow-up to see that an obligation has been removed either by
cancellation or an expenditure.
Approved For Release 1999/08/27 : CIA-RDP78-04914A000100160002-5
Monthly i? inancial R porting
 Approved For Release 199`CIA-RDP78-04914A000100160002-5
Monthly k inancia
reporting - 2 -
17 August 1964.
5. Your suggestions are appreciated and. while it is
ea;ized that you dry not nerd all the iniorrnation contained in
these reports, it would be easier for you to use what in.or-
mation you need than it would be for us to make up speciak
or se crate reports for each office and *trail section to meet
individual requirements.
FOIAb3b
Copy to:
(3) V
iF iscaa Livision
AVE:poh
Approved For Release 1999/08/27 : CIA-RDP78-04914A000100160002-5