PPT-Revenue & Receipts Cycle

SUBSTANTIVE PROCEDURES Trade Receivables References Learning Outcomes Understand the financial statement assertions that are applicable to the account balances classes of transactions and events in the Revenue and Receipts cycle. Presented by: Stephanie Kontour. Accounts Payable/Travel Accounting Tech. Email: . stephanie.kontour@unco.edu. Phone: 970-351-2387. IRS ACCOUNTABLE PLAN. The IRS accountable plan is nontaxable if: . There is a business connection to the expenditures. Sales to Cash Collections. Chapter 10. 1. FOSTER School of Business Acctg.320. Questions Addressed.  . What are the basic business activities and data processing operations that are performed in the revenue cycle?. Revenue Deposits. Financial Affairs. Office of the Bursar. Purpose. Establish/Document procedures for processing Revenue . receipts.. Provide accurate and secure receipting, processing, and reporting of revenue . SUBSTANTIVE PROCEDURES. . - Transactions & Events. References. Learning . Outcomes. Understand the financial statement . assertions. that are applicable to . transactions and events in the cycle.. . Revenue validation. Agenda. Revenue Validation Overview. Revenue . Validation Process. .. Apple - App Store Configuration. Transaction Event. QA. Data Structure. Queries / Segments / Filters . Questions….. Revised May 2012. Presented by:. WSU . Controller’s Office. The following two slides identify important cash handling resources discussed in this training:. The first slide lists various cash handling forms and where to obtain them. . Assurance Services and the Integrity of Financial Reporting, 8. th. Edition. William C. Boynton. California Polytechnic State University at San Luis Obispo. Raymond N. Johnson. Portland State University. SUBJECT : Streamlining the Business . Registration Process and. . Documentary Requirements by . Further Amending the List of . Documentary Requirements for the . P.G . DEPARTMENT . OF PUBLIC ADMINISTRATION. P.G. GOVT. COLLEGE FOR GIRLS. SECTOR-11, CHANDIGARH. FISCAL DEFICIT. FISCAL DEFICIT. Difference between what the government spends and what it earns.. It is expressed as a percentage of GDP.. Presented by: Jack Hueter & Novi Vinod. Agenda for today. Introductions. LVHN organization and timeline. Steps taken throughout implementation. End results. Lessons learned. 5 Campuses. 1 children’s Hospital. 2,0182,2424,260(DEFICIT) / SURPLUS FOR THE YEAR24,23318,0366,197RESTRICTED RECEIPTS & DISBURSEMENTSSGISAJA11,50013,500 Scholarship Donations5,0005,00020,00020,000 SAJA Reporting Fellowship Donat 201920 Mid-Snapshot1Figure 1Underlyingcash balance2Per cent of GDPFigure 2 Total payments and receipts23Per cent of GDPFigure 3 Net debt2Per cent of GDPFigure 4Underlying cash balanceFigure 5Decompo ActualsBudget EstimatesRevised EstimatesBudget Estimates 2012-20132013-20142013-20142014-20152345Schedule PartII AreasSixthSchedule PartII AreasSixthSchedule PartII AreasSixthSchedule PartII Areas6789 Financial Affairs. Office of the Bursar. Purpose. Establish/Document procedures for processing Revenue . receipts.. Provide accurate and secure receipting, processing, and reporting of revenue . collected..