1 12887 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 ContentsTable 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 4-1 -- Beginning Trial Balance
• SECTION 4-2 -- Capital Assets and Depreciation
• SECTION 4-3 -- Accounts Payable: Obligations
• SECTION 4-4 -- State/CSU Receivables and State Appropriations
• SECTION 4-5 -- Fund Balance Clearing Accounts
• SECTION 4-6 -- Prepaid Expenses and Inventories
• SECTION 4-7 -- Faculty and Staff Payroll Accruals
• SECTION 4-8 -- Compensated Absences
• SECTION 4-9 -- Deferred Revenues
• SECTION 4-10 -- Capitalized Leases
• SECTION 4-11 -- Tuition Discounting
• SECTION 4-12 -- Other Accounting Issues
• SECTION 4-13 – Revenue Management Program
2 12887 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 ContentsTable of Contents
Topic
CHAPTER 5 – ALLOCATIONS FROM THE CHANCELLOR'S OFFICE
• SECTION 5-1 -- Construction Work in Progress (Non-Delegated)
• SECTION 5-2 -- Completed Construction Projects (Non-Delegated)
• SECTION 5-3 -- Bond Anticipation Notes and Revenue Bonds
• SECTION 5-4 -- Energy Leases
• SECTION 5-5 -- Self-Insurance Claims Liability
• SECTION 5-6 -- Schedules From The Chancellor's Office
• SECTION 5-7 -- Capitalized Interest
CHAPTER 6 – STATEMENT OF CASH FLOWS
• A Step By Step Guide to Preparing a Direct Statement of Cash FlowsResources 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
3 12887 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 ContentsTable 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
