The Federal Reserve Board of Governors has released an updated version of its Financial Accounting Manual for Federal Reserve Banks, effective January 2, 2026. The manual, issued as a PDF, sets the accounting standards that all Federal Reserve Banks must follow. It provides detailed guidance on financial reporting and ensures consistency across the system. The Federal Reserve, as the United States’ central bank, uses these standards to support its mission of delivering a safe, flexible, and stable monetary and financial system. The update reflects the Board’s ongoing effort to maintain transparency and compliance in its financial operations. Stakeholders can access the new manual through the Federal Reserve’s official website.
https://www.federalreserve.gov/aboutthefed/financial-accounting-manual-for-federal-reserve-banks.htm
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