Three new guides are now available on the CTAS website reference page under the financial category.
Below is a brief overview of the guides:
- Fiscal Year End Closing Checklist - A step by step guide to the fiscal year end accounting closing process with some helpful tips on how to best prepare for your external auditors.
- Revenue Recognition Policy - This policy is a document which summarizes your processes and methodologies used to recognize revenue (when to record revenue and receivables).
- Subrecipient Monitoring Checklist - A sample checklist of how to document the information needed when federal grant funds are passed through to a subrecipient.
If you missed the departure of the CTAS CCFO/CMFO Summer 2022 training yacht, you could still cruise down the accounting river by viewing the FREE recorded versions below via K@te.
How to Plan for an Effective Fiscal Year-End Closing of Accounting Records
Local Government Finance New Debt Manual
Subrecipient Monitoring Requirements for Federal Grant Awards