Other pages about the topic: Accounting
The state participates in numerous federal assistance programs and is required to enter into certain agreements with the federal government.
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The Office of Financial Management (OFM) establishes and maintains the state accounting standards, regulations, procedures, records, and reports that promote sound business practices while providing accurate financial reporting.
An entity audit of Washington state that includes both the financial statements and the expenditures of federal awards by all state agencies, including institutions of higher education.
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