Prepared By Client (PBC) Liezl Sangalang, Senior Manager, KPMG LLP Lily Wang, Director, FS / MAPO, Chancellor’s Office April 24, 2015.

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Presentation transcript:

Prepared By Client (PBC) Liezl Sangalang, Senior Manager, KPMG LLP Lily Wang, Director, FS / MAPO, Chancellor’s Office April 24, 2015

Learning Objective Identify the required changes to specified PBC schedules. April 2015Year-End GAAP Training2

PBCs that Now Require CSU Funds April 2015Year-End GAAP Training 3 PBCDescription KPMG Approved Required or Recommended Format, Query, or Report 007 Summary of Prior Period Audit Differences/ Adjustments√ Required 059 AR Aging and GL Reconciliation√Recommended 081 Capital Assets Addition√Recommended 087 Capital Assets Sales / Disposal√Recommended 088 CWIP Rollforward√Recommended 095 July and August Check Registers√Required 117 Other Liabilities √ Recommended 135 Other Non-Operating Revenues / Expenses√Recommended 137 Detail Listing of Expenditures√Required 139 Detail Listing of Auxiliary Enterprises Expenses√Required

April 2015Year-End GAAP Training4 PBCDescription KPMG Approved Required or Recommended Format, Query, or Report 007 Summary of Prior Period Audit Differences/ Adjustments √ Required Includes CSU Funds Format and examples in GAAP Manual, Chapter 9 CH_ _Exhibit_21

April 2015Year-End GAAP Training5 Includes CSU Funds Sample report and report instruction in GAAP Manual, Chapter 9 Instruction CH_ _PBC_Schedule_59 Sample report CH_ _Exhibit_48 PBCDescription KPMG Approved Required or Recommended Format, Query, or Report 059 AR Aging and GL Reconciliation √ Recommended

CSU delivered query name “CSU_AM_ADDS_RETIRES” Query instruction in GAAP Manual, Chapter 9 CH_ _PBC_Schedule_081_087 Includes CSU Funds Downloadable to Excel Tie to Note 5 (except GAAP AJEs) Make selection (except CWIP) April 2015Year-End GAAP Training6 PBCDescription KPMG Approved Required or Recommended Format, Query, or Report 081 Capital Assets Addition √ Recommended 087 Capital Assets Sales / Disposal √ Recommended

April 2015Year-End GAAP Training7 PBCDescription KPMG Approved Required or Recommended Format, Query, or Report 081 Capital Assets Addition √ Recommended 087 Capital Assets Sales / Disposal √ Recommended In Excel, this report may be collapsed by Category to match Reporting Package Note 05 Two columns added for GAAP AJE reconciliation

April 2015Year-End GAAP Training8 PBCDescription KPMG Approved Required or Recommended Format, Query, or Report 088 CWIP Rollforward √ Recommended Includes CSU Funds Sample report in GAAP Manual, Chapter 9 CH_ _Exhibit_49

CSU delivered query name “CSU_AP_CHK_DISB_BY_CS U_FUND” Query instruction in GAAP Manual, Chapter 9 CH_ _PBC_Schedule_ 095 Includes CSU Funds Downloadable to Excel Make selection by check or voucher April 2015Year-End GAAP Training9 PBCDescription KPMG Approved Required or Recommended Format, Query, or Report 095 July and August Check Registers √ Required

April 2015Year-End GAAP Training10 Includes CSU Funds Sample report in GAAP Manual, Chapter 9 CH_ _Exhibit_14 Totals tie to Other Liabilities Detail input sheet in TM1 PBCDescription KPMG Approved Required or Recommended Format, Query, or Report 117 Other Liabilities √ Recommended

April 2015Year-End GAAP Training11 PBCDescription KPMG Approved Required or Recommended Format, Query, or Report 135 Other Non-Operating Revenues / Expenses √ Recommended Includes CSU Funds Sample report in GAAP Manual, Chapter 9 CH_ _Exhibit_19

CSU delivered data warehouse dashboard page Operations Dashboard Report instruction in GAAP Manual, Chapter 9 CH_ _PBC_Schedul e_137 Includes CSU Funds Downloadable to Excel Make selection April 2015Year-End GAAP Training12 PBCDescription KPMG Approved Required or Recommended Format, Query, or Report 137 Detail Listing of Expenditures √ Required Agree to Lead Sheet Summary Report total (PBC #22 – Report CSUFS169 )

CSU delivered data warehouse dashboard page FIRMS-GAAP Dashboard Report instruction in GAAP Manual, Chapter 9 CH_ _PBC_Schedul e_139 Includes CSU Funds Downloadable to Excel Make selection April 2015Year-End GAAP Training13 PBCDescription KPMG Approved Required or Recommended Format, Query, or Report 139 Detail Listing of Auxiliary Enterprises Expenses √ Required Agree to Reporting Package SRECNP This PBC is also in the DW breakout session presentation.

Quiz What GAAP manual chapter can I find instruction to run CSU delivered queries or reports? Name two PBC schedules that require CSU funds? Name two PBC schedules that must be prepared using delivered query or report? April 2015Year-End GAAP Training14

April 2015Year-End GAAP Training15