Other pages about the topic: Accounting

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.

Training for accounting and budget staff

We're continually working to improve the trainings and resources available to state fiscal staff. Please check back regularly for newly available courses and  resources.

Instructor-led training (virtual and in-person)

You can register  for the instructor-led courses below in The Learning Center. These classes are either conducted virtually via Teams or in-person at 1500 Jefferson in Olympia.

Annual Comprehensive Financial Report

The Annual Comprehensive Financial Report is a thorough and detailed presentation of the state's financial condition. It reports on the state's activities and balances for each fiscal year.

About Statewide Accounting

The primary role of Statewide Accounting is to issue statewide financial and administrative policies, provide financial consulting, monitoring, training services, and produce statewide reports. Statewide Accounting is responsible for fiscal year closing and supplemental reporting disclosures.

Contact us

Contact information for OFM Statewide Accounting.

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.

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.

The following resources are intended to provide general guidance for state agencies.

Federal & state agreements

The state participates in numerous federal assistance programs and is required to enter into certain agreements with the federal government.

Search policies

Use the box below to search for policies in the State Administrative & Accounting Manual (SAAM) containing specific words or combinations of words.

Search using Adobe PDF

Open the PDF version of the SAAM to search SAAM policies using a keyword or phrase. In the file, activate the "Search" tool using the keyboard shortcut Ctrl+Shift+F.

 

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