FBWT

AcronymDefinition
FBWTFund Balance with Treasury
FBWTFirst Bank of West Texas
References in periodicals archive ?
For example, the lessons learned during our Budget Authority examination helped us design the controls and reconciliations needed to extend this assertion down to Base level, We also gained valuable insight from examination of our FBWT reconciliation regarding the classification of systems and tools.
Recommendation: As part of SEC's planned corrective measures to improve period-end Fund Balance with Treasury (FBWT) financial reporting process controls, the Chairman should develop and implement procedures for timely performing, reviewing, and documenting reconciliation of SEC's FBWT accounts with balances reported by Treasury.
Recommendation: As part of SEC's planned corrective measures to improve period-end FBWT financial reporting process controls, the Chairman should develop and implement procedures for timely resolving any identified differences in FBWT activity reported by Treasury and FBWT activity recorded by SEC.