Federal Agencies

Customs
An authoritative agency dedicated to regulating the import and export of goods, ensuring compliance with laws, and collecting duties and taxes on imports.
Environmental Protection Agency (EPA)
The Environmental Protection Agency (EPA) is a federal government agency tasked with the mission of protecting human health and the environment. Its duties include research and monitoring, setting standards for air and water quality, and regulating the use of pesticides and other hazardous materials.
Federal Agricultural Mortgage Corporation
The Federal Agricultural Mortgage Corporation, commonly known as Farmer Mac, is a federally chartered organization established in 1988 to provide a secondary market for farm mortgage loans.
Freedom of Information Act (FOIA)
The Freedom of Information Act (FOIA) is a federal law that provides the public with the right to request access to records from any federal agency. It is often described as the law that keeps citizens in the know about their government.
General Services Administration (GSA)
The General Services Administration (GSA) is an independent agency of the United States federal government established in 1949 to help manage and support the basic functioning of federal agencies.
Government Agency Securities
Government agency securities are debt instruments issued by U.S. government agencies that, while often rated highly, are not explicitly backed by the full faith and credit of the U.S. government.
Inspector General (IG)
In the USA, the Inspector General (IG) is the head of one of the 73 federal offices responsible for performing audit and investigative activities on federal agencies, making periodic reports to Congress.
Instrumentality
An instrumentality refers to a federal agency whose obligations, while not direct obligations of the U.S. government, are sponsored or guaranteed by the government and backed by the full faith and credit of the government. These agencies issue various financial instruments such as notes, certificates, and bonds to support their respective mandates.
National Labor Relations Board (NLRB)
The National Labor Relations Board (NLRB) is an independent federal agency tasked with enforcing US labor law in relation to collective bargaining and unfair labor practices.

Accounting Terms Lexicon

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