1. Systemwide GAAP Timeline Su Chen, Analyst, Financial Services / SFSR Chancellor’s Office April 24, 2015

2. Learning Objectives Know the new reporting deliverables and deadlines and changes from previous year. Deliver by key due dates for the following reporting groups: Systemwide Budget Office CSU Consolidated Systemwide Revenue Bonds (SRB stand-alone) NCAA AUP Reporting Able to locate the master timeline for GAAP reporting April 2015Year-End GAAP Training2

3. New Deliverables and Due Dates Legal to GAAP Ledger Reconciliation Process (by CSU Fund) (Ref No. G-166) 04/30/2015 – To complete the reconciliation for all CSU funds in State Fund 0948. Legal to GAAP Data Derivation (Ref No. G-162) 07/20/2015 – GAAP data must be derived by the third business day after legal close. Preliminary GAAP FIRMS submission ( Ref No. G-161 ) 08/26/2015 – To test the quality of FIRMS GAAP Data and to reconcile FIRMS data to TM1 input. April 2015Year-End GAAP Training3

4. Key Dates: Systemwide Budget Office April 2015 Year-End GAAP Training 4 07/15/2015 to 07/31/2015 – FIRMS Activity Period 07 adjustments (Ref No. B-002) 07/27/2015 to 08/14/2015 – FIRMS Final Budget Submittal (Ref No. B-001) July 2015 SUNMONTUEWEDTHURFRISAT 2829301234 567891011 121314161718 B-002 19202122232425 26282930311 B-001

5. Key Dates: CSU Consolidated August 2015 SUNMONTUEWEDTHURFRISAT 2627282930311 234578 G-051 9101112131415 16171819202122 2326272829 G-066 G-069 3031 April 2015 Year-End GAAP Training 5 8/6/2015 – Start of weekly GAAP calls (Ref No. G-051) 8/24/2015 – Submit reporting package version 1 (Ref No. G-066) 8/25/2015 – 1 st day of audit fieldwork (8 campuses) and final PBCs are due ( Ref No. G-069)

6. Key Dates: CSU Consolidated (continued) April 2015 Year-End GAAP Training 6 9/8/2015 – Submit reporting package version 2 (Ref No. G-081) 9/10/2015 – Submit GAAP Data Integrity Form (Ref No. G-158) 9/18/2015 – Submit audited financial statements and GAAP financial reporting checklists of component units into PBC SharePoint (PBC #18) (Ref No. G-097) 9/23/2015 – Submit FINAL reporting package (Ref No. G-100) September 2015 SUNMONTUEWEDTHURFRISAT 303112345 6791112 G-081 G-158 131415161719 G-097 202122242526 G-100 27282930123

7. Key Dates: CSU Consolidated (continued) April 2015Year-End GAAP Training7 10/9/2015 – Notify SFSR for any major subsequent events (Ref No. G-133) 10/15/2015 – CSU to issue audited F/S (Ref No. G-137) October 2015 SUNMONTUEWEDTHURFRISAT 27282930123 4567810 G-133 111213141617 G-137 18192021222324 25262728293031

8. Key Dates: SRB Reporting August 2015 SUNMONTUEWEDTHURFRISAT 2627282930311 2345678 9101112131415 16171819202122 232426272829 G-150 G-080 3031 April 2015 Year-End GAAP Training 8 8/25/2015 - Submit unaudited SRB required format lead sheets via SharePoint (Ref No. G-150) - Campus to complete TM1Q&A legal fluctuation analysis (Ref No. G-080)

9. Key Date: NCAA AUP Reporting April 2015Year-End GAAP Training9 January 2016 SUNMONTUEWEDTHURFRISAT 272829303112 3456789 101112131416 G-157 17181920212223 24252627282930 311 01/15/2016 – Submit copy of Agreed-Upon-Procedures issued in compliance with NCAA Rules and Regulations, if applicable (Ref No. G-157)

10. Master Timeline Location Available in the SFSR website http://www.calstate.edu/SFSR/Workshops/index.shtml (GAAP drop down menu) http://www.calstate.edu/SFSR/Workshops/index.shtml April 2015Year-End GAAP Training10

11. Quiz

12. Q1. What is the due day of final reporting package? April 2015Year-End GAAP Training12

13. Q2. What is the date that the CSU will issue audited consolidated financial statements? April 2015Year-End GAAP Training13

14. www.calstate.edu April 2015Year-End GAAP Training14