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FBAR filing and preparation of the FinCEN Form 114
November 9, 2021
Q. I am looking for feedback pertaining to FBAR filing and the preparation of the FinCEN Form 114.
1. Does AP handle this? If not, what department in your company generally handles the actual filing? (Tax, Accounting, Treasury or other)?
2. Does anyone outsource this function?
A.
Unfortunately, FBAR filing and the preparation of the FinCEN Form 114 is not handled in AP. It appears that that function is generally handled in a joint effort between the Treasury and Tax Departments, and most of…
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