INSTRUCTIONS

ACCRUAL RESPONSE FORM

 

 

PURPOSE:   To provide summary accrual information for items not captured in NIS or other centralized source.

 

1.      Review the listing of Accrual Definitions to see if your agency has any of the items that need to be reported to State Accounting.

 

2.      If there are no accrual items, check the first box in the certification and return the form to State Accounting by

        August 14.

 

3.      If there are accrual items, to be reported, check the second box in the certification and complete the remainder of the form.

 

4.      Determine the source for gathering the information needed to complete the remainder of the form.

 

5.      For each accrual item, use a separate line on the Accrual Response Form for each NIS fund.

 

6.      Accrual Item No.  Enter the corresponding number from the Accrual Definitions listing in the first column.

 

7.      If there are sub-items by individual accrual item, use a separate line for these amounts.

                     Note:  Review the Accrual Definitions listing and the         sample forms to assist in this classification.

 

8.      Complete the information required in the Accrual Contact/Documentation Form for each distinct accrual sub-item that is listed on the Accrual Response Form.

 

9.      Please return this form by August 14.  If your response will be late, please contact us.

 


INSTRUCTIONS

ACCRUAL CONTACT/DOCUMENTATION FORM

 

 

PURPOSE:   To provide an audit trail for the process used and the documentation that is available to verify the amounts reported on the Accrual Response form.

 

1.      File this form if any amounts were reported on the Accrual Response Form.

 

Note:  Additional copies of the form should be reproduced to document each item and sub-item on the response form. 

 

2.      Complete a section of the form for each distinct accrual sub-item. Note – only one section need be filled out, even though there may be more than one line of the same sub-item on the accrual response form.

 

3.      Identify the name of the accrual item (and sub-item if necessary).

 

4.      Describe the process used to compile the amounts reported.

 

5.      Indicate the documentation source(s) available to substantiate the amounts reported.  If the supporting documentation is not too many pages in length, you may want to attach the documentation to the Accrual Contact/Documentation Form.  By sending the documentation, you can help expedite the audit process and may save yourself time by not having to answer questions from the auditors or State Accounting staff.

 

6.      List the names and phone numbers of the persons to contact if there are questions about the amounts reported.

 

7.      Please return this form by August 14 .  If your response will be late, please contact us.