1. Centralization of Financial and Budget Accounting
and Reporting Procedures in Russia
N.Gvozdeva
Head, IT Development Directorate

2. Centralization of Automated Functions
FTAS* – 85
(Yaroslavl region)
FTAS – N+1
(… region)
Accounting reports collection
Maintaining regulatory reference information
Accounting for budget (monetary) commitments
Budget data dissemination
Individual accounts management
Entities accounting and HR management
Accounting of enforcement documents
Payments authorization
Revenues accounting and allocation
Interaction with banks and providing cash to clients
Cash forecasting and management
Centralized Government Information System
FTAS – N
(… region)
Accounting and reporting
(treasury accounting,reports collection)
FTAS – 5
(Мoscow)
Expenditure management
(as related to the Federal Treasury functions)
Revenue management
(as related to the Federal Treasury functions)
FTAS – 3
(Ivanovo region)
Cash management
Accounting and reporting
(RF General Ledger)
FTAS – 2
(Bryansk region)
General Ledger for Federal Treasury operations
Accounting and reporting
HR management
FTAS – 1
(Мoscow region)
Regulatory reference information
Non-financial assets management
Information and analytical support
Expenditure/revenue management
(settlements with creditors and debtors)
External accounting IS
of individual agencies
General Ledger of Agency 2
* - FTAS –Federal Treasury Automated System

3. Stages in introducing automated accounting for the RF budget process participants
Primary documents generation
Documents accounted
Generation of registries
(General Ledger)
Generating reports for federal budget users
Consolidation of reports at the level of key federal spending units and RF MoF
All entities generate and submit open statements in the centralized government information system (CGIS)
2017
A pilot: accounting and reporting by the Federal Treasury for the Federal Accreditation Service
2018
Accounting and reporting by the Federal Treasury for individual organizations in the CGIS
(about 300 organizations)
2019
Accounting and reporting by the Federal Treasury for individual organizations in the CGIS
(about 3,000 organizations)
2020
Accounting and reporting by the Federal Treasury for all federal-level organizations in the CGIS
(more than 10,000 organizations)
2021

4. Desired Arrangements for the Federal Treasury Centralized Accounting Function/Client Interaction
Government
Information System
Obtaining analytical managerial reports online
Client of the
Federal Treasury
Reports
signing 1
Generation of primary document in structured form, signing thereof 5
Federal Treasury
(Centralized accounting) 2 3 4
Generation of accounting transactions based on introduced document in structured form
Automated generation/update of information in transactions log
Automated generation and submission of:
- accounting (budget) reports;
- regulated reports for Funds;
- regulated reports for Rosstat;
- other regulated reports
Generation of General Ledger online
- automated process

5. Higher reliability of budget accounting; Improved fiscal discipline;
Centralized accounting for the RF budget process participants: expected outcomes
Improved transparency and accountability of federal government authorities and federal public establishments;
Higher reliability of budget accounting;
Improved fiscal discipline;
Timely information on the financial status of public legal entities;
Fewer federal employees involved in processing and computations; professional accountants can concentrate on economic activity audit and analysis;
Reduced annual federal budget expenditures to support accounting function. 5

6. 6 6