Other pages about the topic: Accounting

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.

 

2014 Annual Comprehensive Financial Report

Download the 2014 Annual Comprehensive Financial Report as a single document or choose report sections below. The single document size is approximately 2.66 MB.

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2016 Annual Comprehensive Financial Report

Download the 2016 Annual Comprehensive Financial Report as a single document or choose report sections below. The single document size is approximately 3.65 MB.

Table of Contents

2015 Annual Comprehensive Financial Report

Download the 2015 Annual Comprehensive Financial Report as a single document or choose report sections below. The single document size is approximately 3.41 MB.

Table of Contents

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