FMX Home
Glenn Hegar  ·  Texas Comptroller of Public Accounts

Reporting Requirements for Annual Financial Reports of State Agencies and Universities


Organization of AFRs for University Systems, Component Universities & Independent Universities
Eliminating/Reclassification Entries

Submit any elimination entries recorded at the system level to the Comptroller’s office. These entries include intercomponent activity occurring on the university component’s stand-alone AFRs. However, the system needs to eliminate the entries so, as a whole, the system will not have overstated transactions and balances. Below are samples of the types of journal entries needed (please provide these in journal entry format):

  • Intercomponent due to/due froms (includes funds held by or for others)
  • Intercomponent state pass-throughs
  • Intercomponent federal pass-throughs
  • Intercomponent adjustments needed to the SEFA for intercomponent federal pass-throughs
  • Intercomponent transfers

Note: Eliminating/reclassification entries do not apply to Independent Universities.

Glenn Hegar
Texas Comptroller of Public Accounts
Questions? Contact
Comptroller.Texas.Gov | FMX
FMX Sitemap | Contact FM
Accessibility Policy | Privacy and Security Policy