Office of Financial Management

The Division of Financial Reporting

The Financial Reporting Division is responsible for:

Preparation of Financial Statements and provides analytical relationships to including Proprietary/Budgetary account analysis, proper review of Department edit checks, and Trial Balance reconciliations;
Review and submittal of GTAS reporting in accordance with Treasury Guidelines;
Performing monthly reconciliations with a greater emphasis on facilitating the development of remediation plan to resolve differences;
Analysis and data clean-up focused on abnormal balances and high priority general ledger accounts; and
Interaction with other government organizations, including reporting to DHHS, OMB, and the Department of the Treasury.

The branches under Financial Reporting Division work to analyze and resolve existing NIH wide Financial Reporting deficiencies. Detection of any unusual financial relationships and presenting proper explanations contribute to the ultimate division responsibility of earning an unqualified opinion from external auditors/OIG on the CFO/GMRA audit of the Department's financial statements.