Other pages about the topic: Accounting
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:
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.
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.
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.