Home » Management Discussion and Analysis » Performance Section » Financial Section » Appendices »
	Note 1 Note 2 Note 3 Note 4 Note 5 Note 6 Note 7 Note 8 Note 9 Note 10 Note 11 Note 12 Note 13 Note 14 Note 15 Note 16 Note 17 Note 18 Note 19 Note 20 Note 21 Note 22
	Advanced search... Search USAID Personnel... Search USAID Documents...

NOTE 22. Restatement

Year end accounts payable accruals were underestimated at the end of FY 2004 by about $383.1 million. Because of this error, the following statements and affected line items were restated, as indicated below, by the $383.1 million:

• Balance Sheet: Increase in Accounts Payable to the Public; and Decrease in Unexpended Appropriations.
• Statement of Changes in Net Position: Increase in Appropriations Used, Cumulative Results of Operations; and Decrease in Appropriations Used, Unexpended Appropriations.
• Statement of Net Costs: Increase in Expenses.
• Statement of Financing: Increase in Change in Budgetary Resources Obligated for Goods, Services and Benefits Ordered, but not yet Provided.

This change to the FY 2004 statements also resulted in a reduction of the FY 2004 year ending balance in Unexpended Appropriations. To correctly show the FY 2005 beginning balance, a prior period correcting entry was made in FY 2005 to reduce the beginning balance of Unexpended Appropriations and corresponding expenses for $383.1 million. This adjustment was made per the Treasury USSGL guidelines.

Back to Top ^ | < Previous Page | Next Page >