1. Chapter 3 Mapping Legal to GAAP Sedong John CSU Chancellor’s Office KPMG LLP

2. May 22, 2007 GAAP Reporting Workshop 2 Purpose of Mapping To convert legal-basis classifications to GAAP financial statement classifications

3. May 22, 2007 GAAP Reporting Workshop 3 Flow of Information

4. May 22, 2007 GAAP Reporting Workshop 4 Data Elements Affecting Conversion CSU Funds determine Net Assets classification (Matrix 1) Valid combinations with GAAP line items (Matrix 3.2) Object Codes (Accounts) determine GAAP line item classification except functional classification of expenses and classification of Net Assets (Matrix 2, Matrix 3.1) Program Codes determine GAAP line item classification of expenses using functional classification (Matrix 3.1)

5. May 22, 2007 GAAP Reporting Workshop 5 Data Elements That Determine Classification

6. May 22, 2007 GAAP Reporting Workshop 6 Account Hierarchy State GL AccountFIRMS Object CodeCampus AccountGAAP Line Item

7. May 22, 2007 GAAP Reporting Workshop 7 Things to Watch Review the conversion results from xxCSU B.U. to xxGAP B.U. Some CSU Funds may need to classified to more than one Net Assets categories. Some Object Codes may need to be classified to more than one GAAP line items (e.g., cash, investments, etc.) Items that need to be eliminated or reclassified (e.g., transfers, reimbursed activities, etc.)

8. May 22, 2007 GAAP Reporting Workshop 8 Summary of Changes to Chapter 3 Overview Updated to reflect implementation of Revenue Management Program (RMP) Expanded instructions for FIRMS GAAP submission Addition of new State/CSU funds Reclassification of some non-operating revenues to operating revenues

9. May 22, 2007 GAAP Reporting Workshop 9 Summary of Changes - continued Matrix 1 The following funds have been added: State Fund 6048, CSU Fund 321 (2006 HECOBF) CSU Fund 485 (TF-CSU Operating Fund) CSU Fund 497 (TF-State Pro Rata Charge Distribution) CSU Fund 499 (TF-Internal Service Fund) CSU Fund 531 (TF-Housing Operations & Revenue) CSU Fund 532 (TF-Housing Maintenance & Repair CSU Fund 533 (TF-Housing Construction) CSU Fund 534 (TF-Campus Union Operations & Revenue) CSU Fund 535 (TF-Campus Union Maintenance & Repair) CSU Fund 536 (TF-Campus Union Construction) CSU Fund 537 (TF-Aux Org Operations & Revenue) CSU Fund 538 (TF-Aux Org Maintenance & Repair) CSU Fund 539 (TF-Aux Org Construction)

10. May 22, 2007 GAAP Reporting Workshop 10 Summary of Changes - continued Matrix 2 Addition of object codes 105038(Due from Fund 6048) and 202035 (Due to Fund 6048)

11. May 22, 2007 GAAP Reporting Workshop 11 Summary of Changes - continued Matrix 3.1 1.Moved the following object codes from other non- operating revenues to other operating revenues: 580006 (Installment Charges) 580007 (Trust Receipts) 580008 (Campus Collection Cost) 580009 (Revenue from Late Charges) 580014 (Copyrights, Patents, and Licenses) 580015 (Royalty) 2.Object code 580093 is available to record other non- operating revenues.

12. May 22, 2007 GAAP Reporting Workshop 12 Summary of Changes - continued Matrix 3.2 1.General Fund (i.e., CSU Funds 001 – 020 except 017) has been updated to reflect RMP implementation. The following funds have been added: State Fund 6048, CSU Fund 321 (2006 HECOBF) CSU Fund 485 (TF-CSU Operating Fund) CSU Fund 497 (TF-State Pro Rata Charge Distribution) CSU Fund 499 (TF-Internal Service Fund) CSU Fund 531 (TF-Housing Operations & Revenue) CSU Fund 532 (TF-Housing Maintenance & Repair CSU Fund 533 (TF-Housing Construction) CSU Fund 534 (TF-Campus Union Operations & Revenue) CSU Fund 535 (TF-Campus Union Maintenance & Repair) CSU Fund 536 (TF-Campus Union Construction) CSU Fund 537 (TF-Aux Org Operations & Revenue) CSU Fund 538 (TF-Aux Org Maintenance & Repair) CSU Fund 539 (TF-Aux Org Construction)