1. Review of Compliance with the NCAA Financial Data Reporting Requirements Sedong John, SFSR Chancellor’s Office Year-End GAAP Training April 18, 2014

2. Background Information NCAA stands for National Collegiate Athletic Association. Prior to FY 2012/13, compliance was left to individual campuses. Starting with FY 2012/13, SFSR was tasked to review campus compliance with the NCAA financial data reporting requirements and report the results to the CSU Board of Trustees. GAAP Training 2014 2

3. Summary of the NCAA Financial Data Reporting Requirements ( see Chapter 12 of the GAAP Manual ) Division I Requirements Annual Agreed-Upon Procedures (AUP) conducted by a qualified independent accountant Annual submission of the financial data to the NCAA by 1/15 Division II Requirements Triennial Agreed-Upon Procedures (AUP) conducted by a qualified independent accountant Annual submission of the financial data to the NCAA by 1/15 GAAP Training 2014 3

4. CSU Campuses in Division Categories Division I campuses (9): Bakersfield, Fresno, Fullerton, Long Beach, Northridge, Sacramento, San Diego, San Jose, San Luis Obispo Division II campuses (11): Chico, Dominguez Hills, East Bay, Humboldt, Los Angeles, Monterey Bay, Pomona, San Bernardino, San Francisco, Sonoma, Stanislaus No NCAA Athletic Programs (3): Channel Islands, Maritime Academy, San Marcos GAAP Training 2014 4

5. Results of SFSR’s Review of Campus AUP Reports for FY 2012/13 9 Division I campuses and 7 Division II campuses submitted the FY 2012/13 AUP reports to the CO. Recommendations for improvement in some AUP reports (repeats may be reported to the BOT): Insufficient details on the agreed-upon procedures performed Lack of required notes and disclosures Exceptions noted in the auditor’s report GAAP Training 2014 5

6. Submission Requirements to the CO The following campuses must submit the AUP report to SFSR by 1/15/2015: All Division I campuses Division II campuses required to issue the AUP report for FY 2013/14 based on the three year cycle SFSR will review the campus AUP reports to determine compliance with the NCAA requirements. Upon concurrence from Audit & Advisory Services, the results will be reported to the BOT. GAAP Training 2014 6

7. www.calstate.edu GAAP Training 2014 7