© 2009 KPMG LLP, the U.S. member firm of KPMG International, a Swiss cooperative. All rights reserved. Printed in U.S.A. KPMG and the KPMG logo are registered trademarks of KPMG International ORA 2009 GAAP Manual Table of Contents Topic CHAPTER 1 – OVERVIEW I. History II. Converting from Legal Basis Accounting to GAAP III. Business-Type Activities Model CHAPTER 2 – BEFORE YOU BEGIN CHAPTER 3 – ACCOUNT MAPPING - LEGAL BASIS TO GAAP REPORTING Overview Conversion Matrices Matrix 1: CSU Funds Net Asset Classification Table Matrix 2: Mapping Legal Basis Accounts to GAAP Line Items: Statement of Net Assets Matrix 3.1: Mapping Legal Basis Accounts to GAAP Line Items: Statement of Revenues, Expenses, and Changes in Net Assets Matrix 3.2: Statement of Revenues, Expenses, and Changes in Net Assets by CSU Fund CHAPTER 4 – GAAP ADJUSTMENTS AND RECLASSIFICATIONS Overview SECTION Beginning Trial Balance SECTION Capital Assets and Depreciation SECTION Accounts Payable: Obligations SECTION State/CSU Receivables and State Appropriations SECTION Fund Balance Clearing Accounts SECTION Prepaid Expenses and Inventories SECTION Payroll Accruals SECTION Compensated Absences SECTION Deferred Revenues SECTION Capitalized Leases SECTION Tuition Discounting

© 2009 KPMG LLP, the U.S. member firm of KPMG International, a Swiss cooperative. All rights reserved. Printed in U.S.A. KPMG and the KPMG logo are registered trademarks of KPMG International ORA Topic CHAPTER 4 – GAAP ADJUSTMENTS AND RECLASSIFICATIONS (cont.) SECTION 4-12 – Pollution Remediation Obligation SECTION 4-13 – Other Accounting Issues SECTION 4-14 – Revenue Management Program CHAPTER 5 – ALLOCATIONS FROM THE CHANCELLOR'S OFFICE SECTION Construction Work in Progress (Non-Delegated) SECTION Completed Construction Projects (Non-Delegated) SECTION Bond Anticipation Notes and Revenue Bonds SECTION Energy Leases SECTION Self-Insurance Claims Liability SECTION 5-6 – Other Postemployment Benefit Obligation SECTION Capitalized Interest SECTION Pass Down Entries and schedules From the Chancellor’s Office CHAPTER 6 – STATEMENT OF CASH FLOWS A Step By Step Guide to Preparing a Direct Statement of Cash Flows Resources Available Sample Cash Flows Worksheets CHAPTER 7 – MANAGEMENT’S DISCUSSION AND ANALYSIS Overview Guide to Preparation of Management’s Discussion and Analysis CHAPTER 8 – AUXILIARY ORGANIZATIONS Overview Coded Memo Attachments CHAPTER 9 – PREPARING FOR AN AUDIT Introduction Exhibits and Campus Examples Reporting Package Template 2009 GAAP Manual Table of Contents

© 2009 KPMG LLP, the U.S. member firm of KPMG International, a Swiss cooperative. All rights reserved. Printed in U.S.A. KPMG and the KPMG logo are registered trademarks of KPMG International ORA Topic CHAPTER 10 – GAAP PREPARATION CHECKLIST CHAPTER 11 – GAAP FINANCIAL REPORTING CHECKLIST Overview GAAP Financial Reporting Checklist CHAPTER 12 – PREPARATION OF YOUR CAMPUS STAND-ALONE FINANCIAL STATEMENTS CHAPTER 13 – CAPITAL ASSETS GUIDE CHAPTER 14 – UPDATES AND OTHER INFORMATION Overview I. New Accounting Pronouncements II. Access to Technical Accounting Literature and Resources 2009 GAAP Manual Table of Contents