Treasury Report on Receivables (TROR) and the Financial Information Repository (FIR)
Debt Management Services (DMS) will host two Treasury Report on Receivables (TROR) webinars for federal agency employees on August 18, 2015, entitled "How the Debt Collection Process and TROR Reporting is Changing."
There is no charge for this training.
TROR is the federal government's only comprehensive means of periodically collecting data on the status and condition of its non-tax debt portfolio. Federal agencies are required to submit TROR receivables and collections information to Treasury.
TROR is being revised to support Section 5 of the Digital Accountability and Transparency Act (DATA Act), Pub. L. 113-101. Federal agencies must refer eligible debt that is more than 120 days delinquent to Treasury for administrative offset. The revision places new TROR reporting requirements on federal agencies, effective the 1st quarter of fiscal year 2016.
The training will explain the new reporting requirements and will provide instructions for completing the revised TROR report. The training will also offer guidance for reporting and managing agencies' delinquent debt in accordance with the Debt Collection Improvement Act of 1996 (DCIA) and other debt collection authorities.
Federal agency employees will also be introduced to the Financial Information Repository (FIR), a Treasury website that supports transparency and accountability by providing easier access to financial information. The FIR application is only available to authorized users (e.g. federal agency employees) and it contains TROR data, which can be viewed via dashboards and reports during the open reporting period and after.
You can register for this session using the register button below. There is no charge for this training. Please register by October 12, 2015.
Date: Thursday, October 22, 2015, 9:00 a.m. – 3:30 p.m.
Audience: Open to all agencies
Hosted by: Debt Collection
U.S. Mint Building
801 9th St., NW
Point of Contact: For additional questions, please contact Denise Hammond at 202-874-6810 or e-mail Denise.Hammond@fiscal.treasury.gov.