PPT-GAAP Manual Updates and Reminders

Criselle Espiritu Financial Reporting Analyst SFSR Chancellors Office Learning Objectives Know the GAAP Accounting and Reporting Manual updates and key changes Know the changes in the supplementary schedule. Mostly you need to spend much time to search on search engine and doesnt get 92 Dodge Stealth Repair Manual documents that you need We are here to serve you so you can easily access read and download its No need to wasting time to lookup on another Accounting Changes and Error Corrections. Both GAAP and IFRS treat changes in accounting . estimates. prospectively. Changes in accounting . principles. are accounted for retrospectively for both GAAP and IFRS.. Liabilities under. US . Generally Accepted Accounting Principles vs. International Financing Reporting Standards. Rebecca Fay. Julia . Makarieva. Brenna Palazzo. The Fundamental Differences. US GAAP. GAAP “Capital Lease” Criteria. To be classified as a capital lease GAAP states that the lease must be non-cancelable and meet one of the following:. Transfers ownership. Bargain purchase option. Lease term is . Statutory Accounting. Insurers produce financial statement prescribed by NAIC. Filed with insurance department of regulators. Based on Statutory Accounting Principles. More conservative than GAAP. SAP - . Quality Assurance Plan . Requirements. March 19, 2015. W. R. Bailey PE . Assistant State Materials Engineer. LAP Manual Updates. Background. Joint effort between Materials and Local Assistance Division. Mark Thomas, Partner, KPMG LLP. Learning . Objective. Be familiar with . certain of the . new accounting pronouncements and understand . the effects on the auxiliary organizations financial . statements. Chancellor’s Office. Learning . Objectives. Elimination of non-exchange transaction. Updates on IPEDS Template used for Component Units’ FIRMS data . submission. General . information related to IT General Controls Audit .  . . . STATE . OF.  . CONNECTICUT. 20x8. . COMPREHENSIVE. ANNUAL. . FINANCIAL. REPORT. Fiscal Year Ended. June 30, 20x8. . Kevin Lembo. State Comptroller. Overview of OSC Requests.  . . . STATE . OF.  . CONNECTICUT. 20x8. . COMPREHENSIVE. ANNUAL. . FINANCIAL. REPORT. Fiscal Year Ended. June 30, 20x8. . Kevin Lembo. State Comptroller. Overview of OSC Requests. These non-GAAP financial measures are provided to enhance investors’ overall understanding of the Company’s historical operations and financial performance and, as presented, may not be comparable to similarly titled measures of other companies due to varying methods of calculation.. 1 RESIDEO ANNOUNCES FIRST QUARTER RESULTS First Quarter Highlights - Net Revenue of $1. 2 b illion , down 3 % year - over - year on a GAAP basis and 2% year - over - year on a constant curren . The objectives of this training are educational. Content may bring up thoughts and feelings. This is not intended to be a therapeutic environment or a space for sharing individual trauma stories or deeply personal information. GAAP Training How to prepare the GAAP forms COMPREHENSIVE ANNUAL FINANCIAL REPORT Fiscal Year Ended June 30, 20x8 Kevin Lembo State Comptroller Overview of OSC Requests Standard forms package – GAAP Forms #1 thru #9 Additional Agency