FCC Record, Volume 26, No. 7, Pages 4843 to 5761, March 28 - April 08, 2011 Page: 5,160
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Federal Communications Commission
Washington, D.C. 20554
April 7, 2011
Rolka Loube Saltzer Associates
One S. Market Square, 12th Floor
Harrisburg, PA 17101
Re: Telecommunications Relay Service Fund Financial Statements and Reports
Dear Mr. Rolka:
This letter sets forth in detail, the steps to be taken by Rolka Loube Saltzer Associates (RLSA) in
producing financial statements concerning the Telecommunications Relay Service (TRS) Fund.'
Specifically, Section 3515 of Title 31 of the United States Code requires the Federal Communications
Commission (FCC or Commission) to produce annual financial statements and have those statements
audited.' Pursuant to this authority, the Office of Management and Budget (OMB) prescribes the form and
content of Federal agencies' financial statements in OMB Circular A-136, entitled, Financial Reporting
Consistent with Circular A-136, the Commission produces the following consolidated financial
statements: Balance Sheet, Statement of Net Cost, Statement of Changes in Net Position, Statement of
Budgetary Resources, and Statement of Custodial Activity. The financial information RLSA is required to
report to the Commission, on behalf of the Telecommunications Relay Service Fund (TRS Fund) as one of
its reporting components, is used to compile the Commission's consolidated financial statements as well as
other OMB and Department of Treasury reporting requirements.4 To satisfy Federal financial accounting
and reporting requirements, the Commission utilizes generally accepted accounting principles for Federal
entities and the United States Standard General Ledger to account for proprietary and budgetary transactions.
As a reporting component of the Commission, RLSA shall follow these standards and comply with all
relevant and applicable federal financial management and reporting statutes.
In accordance with the Accountability of Tax Dollars Act of 2002, the Commission is also required
to have an annual financial statement audit, which is conducted by external auditors under the oversight and
direction of the FCC's Office of Inspector General.5 This letter instructs RLSA to cooperate with both the
Commission's external auditors and the Commission's Office of Inspector General on annual audits of the
Commission. Cooperation means providing the Commission complete access to and the right of inspection
and examination of all accounts, records, memoranda and financial, personnel, administrative and
t See TRS Fund Administration Services Agreement, CON 11000003, C.4.17 (March 7, 2011) (TRS Agreement).
2 See 31 U.S.C. 3515.
3 See Office of Management and Budget, Financial Reporting Requirements, Circular No. A-136 (Sept. 29, 2010)
(available at http://www.whitehouse.gov/sites/default/files/omb/irculars/al36/al36_jevised._2010.pdf) (OMB Circular
4 See Office of Management and Budget, Financial Reporting Requirements, Circular No. A-136 (Sept. 29, 2010)
(available at http:ll//www.whitehouse.gov/sites/defaultlfiles/omb/circulars/al 36/al 36_revised_2010.pdf ) (OMB Circular
No. A-136) and TRS Agreement at C.4.17.
5 See Accountability of Tax Dollars Act of 2002, Pub. L. No. 107-289, 2, 116 Stat. 2049; TRS Agreement, at C. 4.8.
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United States. Federal Communications Commission. FCC Record, Volume 26, No. 7, Pages 4843 to 5761, March 28 - April 08, 2011, book, April 2011; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc52169/m1/332/: accessed April 24, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.