Page 7 FY2012 Financial Reporting Update ► Fund / Funding Source mapping confirmations due back to SWAR 6/30/12 This is necessary to ensure the Teamworks financial data is mapping to the correct fund type and correct funding sources for the BCR & CAFR ► Governance Project – correct use of fund and fund sources SAO has analyzed agency data as of 5/31/12, and has sent out requests for agencies to correct any data which is incorrect funds, funding sources, etc.
Page 8 FY2012 Financial Reporting Update ► REMINDER: READ FUND BALANCE A.D.!! When setting up BCR reserves for FY2012 make sure to DR 390110 / CR 337XXX ► Year-end forms Confirmation of Receipt of year-end forms due July 13, 2012 Review the ‘Forms Due by Entity’ file for a list of forms due for each agency. Contact SAO_Reporting@sao.ga.gov with any questionsSAO_Reporting@sao.ga.gov ► Partnership Meetings No meetings in June
Page 10 Comptroller General Responsibilities ► Responsibilities previously under Office of Insurance and Safety Fire Commissioner Approval of warrants now at SAO Move to SAO effective July 1, 2012 ► Email SAO_Comptroller@sao.ga.gov with any questionsSAO_Comptroller@sao.ga.gov
Page 13 Communications / Policy ► New Policies Clearing Account – final policy effective for 6/30/12 available on SAO website Derivatives – policy updated for a minor change due to GASB 64 ► Year-end Memos Two periods open Year-end Close ► New Funding Source form on website – now requiring Fund Balance Category and rationale Home / Tools / SAO Forms / Commitment Control / Financial Tree Maintenance Form