Central Accounting Services (CAS)
Investment ID: 015-000200136
Overview
Program Title
Central Accounting Services (CAS)
Description
CAS is the central location for federal government-wide accounting and reporting. It is used to account for, monitor, and publish the government s debt and cash positions through daily, monthly, and annual reporting as well as to collect accounting data from the government-wide agency community and report on that data to multiple government and public audiences. CAS also provides centralized control over the government s appropriations and provides the means for the agency community to transfer funds between agencies. Its position as the hub of government-wide reporting allows Fiscal Service to drive significant improvements in the accuracy and completeness of government-wide accounting and reporting in conjunction with Treasury, the Office of Management and Budget (OMB), and the agency community.
Type of Program
Major IT Investments
Multi-Agency Category
Not Applicable
Investment Detail
The five-year Return on Investment for CAS is calculated as .48%. Benefits, both quantitative and qualitative, of this investment include tailored functionality, customer satisfaction, user friendliness, speed and efficiency, reduction of errors, and strong internal controls.