What is AFI65-107?
AFI65-107 refers to the AirForce regulation that outlines the oversight responsibilities for the financial management of nonappropriated funds.

What are nonappropriated funds?
Nonappropriated funds (NAF) are generated through activities and services provided by the AirForce to its members and their families. They are not provided by Congress and are therefore not considered appropriated funds.

Who is responsible for the financial management of nonappropriated funds?
The oversight responsibilities for nonappropriated funds financial management are assigned to the AirForce Services Activity in accordance with AFI65-107.

What does AFI65-107 cover?
AFI65-107 covers the policies and procedures regarding financial management, budgeting, accounting, and reporting for nonappropriated funds within the AirForce.

Who must comply with AFI65-107?
AFI65-107 applies to all AirForce organizations, including appropriated fund activities operating NAF activities and all NAF- financed activities.

What is the purpose of AFI65-107?
The purpose of AFI65-107 is to provide guidance on the financial management oversight responsibilities for nonappropriated funds activities and ensure proper fiscal stewardship.

Can NAF be used for personal gain?
No, NAF cannot be used for personal gain. They must be used to support authorized NAF programs, activities, and services for the benefit of authorized patrons.

What are the key financial management functions covered in AFI65-107?
AFI65-107 covers key financial management functions such as budgeting, fund control, accounting, financial reporting, internal controls, cash management, and audits for NAF activities.

What is the purpose of internal controls in NAF financial management?
The purpose of internal controls is to ensure that NAF funds are used appropriately and transparently, that risks are managed effectively, and that financial accountability is maintained.