Other pages about the topic: Accounting


These resources help state agencies fulfill federal compliance, monitoring and reporting requirements in Chapter 50 and Chapter 95 of the State Administrative & Accounting Manual (SAAM).

We invite agencies that have developed federal monitoring and reporting aids to share these with other agencies.

Internal control

These resources help state agencies fulfill internal control requirements in Chapter 20 of the State Administrative & Accounting Manual (SAAM).

State grants management

In October 2011, the State Auditor’s Office (SAO) released their audit report on state grants. Based on the results of the audit, SAO recommended that the Office of Financial Management (OFM) develop a clear definition of state grants and provide guidance on grants management to help ensure consistency across state agencies.

Open Checkbook

Transparency is fundamental to accountability. Most states, including Washington, have transparency websites. Washington's transparency website (fiscal.wa.gov) is a collaborative effort between the Office of Financial Management and the Legislative Evaluation and Accountability Program Committee.

Chart of Accounts Project

The goal of the Chart of Accounts (COA) project is to create a centrally governed and consistent COA to be used in the state’s new ERP system.

Financial Management Advisory Council

The Financial Management Advisory Council (FMAC) serves in an advisory and consultative role to the Office of Financial Management, the state legislature, and other appropriate parties concerned with state government fiscal administration.

Directives and technical corrections

This page contains SAAM directives and technical corrections and is intended to be used as an agency resource for tracking policy changes and updates. Current policies are available on the SAAM main page.

General ledger reconciliation

What is a reconciliation?  The process of correlating one set of records with another set of records and/or a physical inventory count that involves identifying, explaining, and correcting differences.

The foundation of quality financial information is in the detail data recorded at the general ledger (GL) level. Reconciliations serve as a key element of a system of internal control and are required by state policy.