1. Systemwide Revenue Bonds Terri Williams, Manager, FS / SRB & Capital Projects Alyssa Kanzaki, Accountant, FS / SRB & Capital Projects Chancellor’s Office April 24, 2015

2. Learning Objectives Understand the SRB Audit process Differentiate between SRB Legal and GAAP Reporting Review SRB PBCs Clarify CSU Fund 537 April 2015Year-End GAAP Training2

3. SRB Audit Process SRB starts with Legal Differences between Legal and GAAP Capital Assets/CSU Fund 501 Expenditure vs. Capitalization Debt Auxiliary Lease/Loan Activity April 2015Year-End GAAP Training3

4. SRB Audit Process Legal to GAAP Reconciliation SRB GAAP to GAAP Comparison April 2015Year-End GAAP Training4

5. Review PBCs PBC 55 – Investments Legal to GAAP Rollforward (Exhibit 32) PBC 81 – Capital Asset Additions PBC 145 – SRB Liability Leadsheet (Exhibit 45) April 2015Year-End GAAP Training5

6. PBC 55 – Investments Legal to GAAP Rollforward (Exhibit 32) April 2015Year-End GAAP Training6

7. PBC 81 – Capital Asset Additions CSU Fund is a new requirement SRB will use to record reclasses between Repair & Maintenance and Construction April 2015Year-End GAAP Training7

8. PBC 145 – SRB Liability Leadsheet (Exhibit 45) April 2015Year-End GAAP Training8

9. PBC 145 – SRB Liability Leadsheet (Exhibit 45) PY Reversal should not be included April 2015Year-End GAAP Training9

10. CSU Fund 537 Now Auxiliary Organization SRB activity only CSU Funds for Non-SRB Auxiliary activity 436 - Agency Transactions Non Agency, Non SRB transactions should be reviewed to determine the appropriate CSU Fund (When in doubt, please consult with Chancellor’s Office, Systemwide Financial Standards & Reporting department) April 2015Year-End GAAP Training10

11. What Will Help Inclusion of Keywords in GAAP Entry description SRB Passdown Reversing vs. Non Reversing Capital Asset/CWIP April 2015Year-End GAAP Training11

12. SRB Variance Flux Analysis TM1 Q & A Variance Form Chapter 16 – GAAP Manual TM1 SRB Q & A Training Video https://csyou.calstate.edu/Employee- Resources/training/financial-services- training/Pages/tm1.aspx https://csyou.calstate.edu/Employee- Resources/training/financial-services- training/Pages/tm1.aspx April 2015Year-End GAAP Training12

13. SRB Variance Flux Analysis April 2015Year-End GAAP Training13

14. Key Dates to Remember April 20 – Detail of Transfers sent to campuses August 3 - Fluctuation Analysis available in TM1 August 25 - All PBCs and Flux Analysis due September 8 - Audited PBCs due (revisions only) April 2015Year-End GAAP Training14

15. April 2015Year-End GAAP Training15

16. April 2015Year-End GAAP Training16

17. www.calstate.edu April 2015Year-End GAAP Training17