Financial Reporting Guidelines for Preparing the AFR and FSR
Grantee Fiscal Year 2009 Edition
The Financial Reporting Guidelines (Guidelines) govern the completion of the Annual Financial Report (AFR) and Financial Summary Report (FSR) that stations in the Community Service Grant (CSG) program are required to file each year.
The Guidelines define Non-Federal Financial Support (NFFS) and discuss the specific types of revenue transactions that are ineligible as NFFS. The Guidelines also contain line item instructions and illustrations for completing the AFR and FSR.
The Guidelines are revised annually – published in early fall – in order to clarify or provide better examples of the concepts discussed within.
All AFR and FSR users must familiarize themselves with the Guidelines, including those who certify and attest to the NFFS values contained in those reports.