© 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.

Slides:



Advertisements
Similar presentations
Principles of Financial Accounting
Advertisements

Prepared by Client (PBC) List Chapter 9 Presented by KPMG LLP KPMG LLP
Capitalization of Interest Cost Presented by CSU and KPMG LLP.
SCO GAAP Submission Roberta McNiel and Su Chen, SFSR Chancellor’s Office Year-End GAAP Training April 18, 2014.
1 Warren County June 30, 2009 Audit Presentation Winston, Williams, Creech, Evans & Co., LLP Certified Public Accountants.
Other Manual Highlights and Reminders Sheralin Klinthong and Evajoy Tito, SFSR Chancellor’s Office Year-End GAAP Training April 18, 2014.
Reporting Deadlines (Chapter 8) Highlight (Chapter 8)
May 2008 GAAP Reporting Workshop © 2008 KPMG LLP, the U.S. member firm of KPMG International, a Swiss cooperative. All rights reserved. Printed in U.S.A.
SAS 112 – The Year After Presented by Chris Ray Partner - KPMG LLP KPMG LLP.
The California State University (CSU) GAAP Reporting Manual © 2009 KPMG LLP, the U.S. member firm of KPMG International, a Swiss cooperative. All.
Auxiliary Organizations Presented by Mark Thomas Partner - KPMG LLP KPMG LLP.
The California State University (CSU) GAAP Reporting Manual ORA 1 © 2008 KPMG LLP, the U.S. member firm of KPMG International, a Swiss cooperative.
The California State University (CSU) GAAP Reporting Manual © 2009 KPMG LLP, the U.S. member firm of KPMG International, a Swiss cooperative. All.
Highlights of Changes to the Reporting Package Chapter 9 Presented by Lily Wang Chancellor’s Office KPMG LLP.
Technical Update Presented by Chris Ray Partner - KPMG LLP KPMG LLP.
Cash Flows Update Chapter 6 Presented by KPMG LLP and CSU.
The Audit Process Chapter 9 Presented by Jessica C Smith, Manager KPMG LLP KPMG LLP.
GAAP Reports from CFS Common Code Modifications MP2 Presented by: Lily Wang AUDIT.
ORA Table of Contents Topic CHAPTER 1 – OVERVIEW I. History II. Converting from Legal Basis Accounting to GAAP III. Business-Type Activities Model.
Information from the Chancellor’s Office Chapter 5 KPMG LLP.
Reporting Package Update Chapter 9 Presented by Lily Wang CSU, Chancellor’s Office KPMG LLP.
SRB GAAP Preparation Presented by: Kathy Skara, CO and Frank Wimer, KPMG LLP AUDIT.
1 CASH vs. ACCRUAL BASIS OF ACCOUNTING Maggie Whitlow
The California State University (CSU) GAAP Reporting Manual © 2009 KPMG LLP, the U.S. member firm of KPMG International, a Swiss cooperative. All.
The California State University (CSU) GAAP Reporting Manual © 2009 KPMG LLP, the U.S. member firm of KPMG International, a Swiss cooperative. All.
McGraw-Hill/Irwin©2007, The McGraw-Hill Companies, All Rights Reserved Essentials of Accounting for Governmental and Not-for-Profit Organizations Chapter.
Reporting Requirements Chapter 12 Presented by Kathy V. Lai, Manager KPMG LLP KPMG LLP.
PBC List – General Update
Presenters: Michelle Korte CSU, Chico Patti Salomon CSU, Chico
Chapter 8 Auxiliary Organizations June 30, Key Deadlines (Overview, page 8-2) 4th Quarter FIRMS data submission - July 31, 2006 to Chancellor’s.
Completing Your Reporting Package and Stand-Alone Financial Statements Presented by Elisa Stilwell and Patty McClendon Senior Managers - KPMG LLP Presented.
Auxiliary Organizations Update Chapter 8 Presented by Lily Wang Chancellor’s Office KPMG LLP.
The California State University (CSU) GAAP Reporting Manual © 2008 KPMG LLP, the U.S. member firm of KPMG International, a Swiss cooperative. All.
ORA © 2008 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.
SCO REPORTING Roberta McNiel Year-End Legal Training May 2010.
Reporting Requirements Presented by Steve DeVetter Partner – KPMG LLP KPMG LLP.
Information from the Chancellor’s Office Chapter 5 Presented by CSU and KPMG, LLP.
CHAPTER 5 GAAP Adjustments or Reclassifications that Require Information from the Chancellor’s Office.
Chapter 3 Mapping Legal to GAAP Sedong John CSU Chancellor’s Office KPMG LLP.
Responses to 2008 GAAP Feedback Presented by Sherry Pickering CSU KPMG LLP.
A/B/C Campus Scope Presented by: Kathy Lai, KPMG LLP AUDIT.
Auxiliary Organizations Presented by Patty McClendon Senior Manager - KPMG LLP Presented by Patty McClendon Senior Manager - KPMG LLP.
Chapter 17: Cash Flow Statement
Chapter 4 Chapter 4-GAAP Adjustments & Reclassifications Not Requiring Information from the C.O. KPMG LLP.
Completing Your Reporting Package and Stand-Alone Financial Statements Presented by Elisa Stilwell Senior Manager - KPMG LLP KPMG LLP.
June 9, 2004GAAP Reporting Workshop1 Chapter 3 Mapping Legal to GAAP Sedong John, Chancellor’s Office.
Legal Entries vs. GAAP Entries Sedong John, Director, Financial Services / SFSR Chancellor’s Office April 24, 2015.
The Accounting Cycle Continued – Preparing Worksheets and Financial Statements Chapter 4 2.
Statement of Cash Flows Chapter Understanding the purpose of a statement of cash flows. Learning Objective 1.
Essentials of Accounting for Governmental and Not-for-Profit Organizations Chapter 8 Government-Wide Statements, Capital Assets, Long-Term Debt McGraw-Hill/Irwin.
HFT 2403 Chapter 3 Accounting Adjustments. The Need for Adjustments The life of an enterprise is divided into equal segments of time The life of an enterprise.
Accounting for Income Taxes Introduction to Accounting for Taxes
Other Manual Highlights and Reminders Sheralin Klinthong, Assoc. Dir., Financial Services / SFSR Evajoy Tito, Manager, Financial Services / SFSR Chancellor’s.
13-1 Preview of Chapter 13 Financial and Managerial Accounting Weygandt Kimmel Kieso.
STATEMENT OF CASH FLOWS Managerial Accounting, Fourth Edition
Chapter 17-1 Chapter 17 Statement of Cash Flows Accounting Principles, Ninth Edition.
Chapter 12: Statement of Cash Flows Pre-Statement of Cash Flows (before 1987) Statement of Cash Flows (1987) Research.
FIRMS & SCO GAAP Submissions Roberta McNiel, Senior Manager, FS / SFSR Chancellor’s Office April 24, 2015.
Essentials of Accounting for Governmental and Not-for-Profit Organizations Chapter 8: Government-Wide Financial Statements; Fixed Assets and Long-term.
Chapter 2 Introduction to Financial Statement Analysis.
McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
13-1 Preview of Chapter 13 Financial and Managerial Accounting Weygandt Kimmel Kieso.
Cash Flows 1. Overview 2 1. Statement of Changes in Financial Position. 2. Motivation for a Statement of Cash Flows. 3. The cash flow statement and the.
April 14, 2016 PBC (INCLUDING SRB PBC) Liezl Sangalang, Senior Audit Manager, KPMG Theresa Marquez, Senior Associate, KPMG Lily Wang, Director, CO Sheralin.
Essentials of Accounting for Governmental and Not-for-Profit Organizations Chapter 9 Accounting for Special Purpose Entities, Including Public Colleges.
Essentials of Accounting for Governmental and Not-for-Profit Organizations Chapter 8 Government-Wide Financial Statements; Capital Assets and Long-term.
PreviewofCHAPTER17.
FMIS R*STARS Closing Fiscal Year 2017 Part IV.
HFT 2401 Hospitality Financial Accounting Section 061
YOUR ANNUAL FINANCIAL STATEMENTS: WHAT TO LOOK FOR AND HOW TO LOOK FOR IT? Presentation for Association of Government Accountants CORDOVA CPAs LLC Bobby.
Presentation transcript:

© 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