Other pages about the topic: Accounting

2020 Single Audit Report

Download the 2020 Single Audit Report as a single document or choose report sections below.

Table of Contents

Training related to Workday transition

Statewide Accounting currently offers a variety of free training to state agencies on a range of topics. As a result of the COVID-19 pandemic, we have transitioned many of our courses to eLearning. Many of our existing training classes will become obsolete after the transition to Workday. Therefore, we have only transitioned the highest priority accounting trainings at this time. 

Our focus for training development for fiscal years 2021 and 2022 includes:

State Administrative and Accounting Manual Improvements

The State Administrative and Accounting Manual (SAAM) contains statewide policies and procedures and are the minimum requirements that state agencies must meet. The Office of Financial Management is required by the Budget and Accounting Act (RCW 43.88.160) to establish a Generally Accepted Accounting Principles (GAAP)-based accounting system and procedures, as necessary, to provide for accountability of the state's assets and compliance to its laws and regulations. All agencies of the state of Washington must comply with this manual, unless otherwise exempted by statute.

Foundation Data Model (Chart of Accounts)

The Foundation Data Model (FDM) is a multi-dimensional data structure that serves as the backbone for transaction processing and reporting done within Workday. Its structure maximizes reporting capabilities. The FDM will replace the existing chart of accounts when Phase 1A, Core Financials, goes live in June 2022.

One Washington – accounting resources

The One Washington program was created to modernize and improve aging administrative systems and prepare the state for the transition to Workday, a new Software as a Service (Saas) Enterprise Resource Planning (ERP) system.

All executive branch agencies will be required to use Workday and, to varying degrees, the other two branches of state government and higher education will also be impacted, primarily because they will share data with core enterprise systems.

Guidance for state agency employers when updating an employee’s electronic fund transfer (direct deposit) information