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 logo are registered trademarks of KPMG International. 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 Faculty and Staff Payroll Accruals SECTION Compensated Absences SECTION Deferred Revenues SECTION Capitalized Leases SECTION Tuition Discounting SECTION Other Accounting Issues SECTION 4-13 – Revenue Management Program

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 logo are registered trademarks of KPMG International. Table of Contents Topic 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 Schedules From The Chancellor's Office SECTION Capitalized Interest 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 SAS 112 Presentation CHAPTER 9 – PREPARING FOR AN AUDIT Introduction Exhibits Campus Examples Reporting Package Template CHAPTER 10 – GAAP PREPARATION CHECKLIST CHAPTER 11 – GAAP FINANCIAL REPORTING CHECKLIST Overview GAAP Financial Reporting Checklist

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 logo are registered trademarks of KPMG International. Table of Contents Topic CHAPTER 12 – PREPARATION OF YOUR CAMPUS STAND-ALONE FINANCIAL STATEMENTS Overview Other Stand-Alone Reporting Information CHAPTER 13 – CAPITAL ASSETS GUIDE CHAPTER 14 – UPDATES AND OTHER INFORMATION Overview I. New Accounting Pronouncements II. Other Relevant Literature III. Access to Technical Accounting Literature and Resources