prepared by client (pbc) liezl sangalang, senior manager, kpmg llp lily wang, director, fs / mapo,...
TRANSCRIPT
Prepared By Client (PBC)
Liezl Sangalang, Senior Manager, KPMG LLP
Lily Wang, Director, FS / MAPO, Chancellor’s Office
April 24, 2015
Learning Objective
• Identify the required changes to specified PBC schedules.
April 2015 Year-End GAAP Training 2
PBCs that Now Require CSU Funds
April 2015 Year-End GAAP Training 3
PBC Description KPMG Approved
Required or Recommended Format, Query, or Report
007 Summary of Prior Period Audit Differences/ Adjustments √ Required
059 AR Aging and GL Reconciliation √ Recommended
081 Capital Assets Addition √ Recommended
087 Capital Assets Sales / Disposal √ Recommended
088 CWIP Rollforward √ Recommended
095 July and August Check Registers √ Required
117 Other Liabilities √ Recommended
135 Other Non-Operating Revenues / Expenses √ Recommended
137 Detail Listing of Expenditures √ Required
139 Detail Listing of Auxiliary Enterprises Expenses √ Required
April 2015 Year-End GAAP Training 4
PBC Description KPMG Approved
Required or Recommended Format, Query, or Report
007 Summary of Prior Period Audit Differences/ Adjustments
√ Required
• Includes CSU Funds
• Format and examples in GAAP Manual, Chapter 9CH_09.02.01_Exhibit_21
April 2015 Year-End GAAP Training 5
• Includes CSU Funds
• Sample report and report instruction in GAAP Manual, Chapter 9• Instruction
CH_09.03.09_PBC_Schedule_59• Sample report
CH_09.02.14_Exhibit_48
PBC DescriptionKPMG
ApprovedRequired or Recommended
Format, Query, or Report
059 AR Aging and GL Reconciliation √ Recommended
• CSU delivered query name “CSU_AM_ADDS_RETIRES”• Query instruction in GAAP Manual, Chapter 9
CH_09.03.07_PBC_Schedule_081_087• Includes CSU Funds• Downloadable to Excel• Tie to Note 5 (except GAAP AJEs)• Make selection (except CWIP)
April 2015 Year-End GAAP Training 6
PBC DescriptionKPMG
ApprovedRequired or Recommended
Format, Query, or Report
081 Capital Assets Addition √ Recommended
087 Capital Assets Sales / Disposal √ Recommended
April 2015 Year-End GAAP Training 7
PBC DescriptionKPMG
ApprovedRequired or Recommended
Format, Query, or Report
081 Capital Assets Addition √ Recommended
087 Capital Assets Sales / Disposal √ Recommended
• In Excel, this report may be collapsed by Category to match Reporting Package Note 05• Two columns added for GAAP AJE reconciliation
April 2015 Year-End GAAP Training 8
PBC DescriptionKPMG
ApprovedRequired or Recommended
Format, Query, or Report
088 CWIP Rollforward √ Recommended
• Includes CSU Funds
• Sample report in GAAP Manual, Chapter 9
CH_09.02.15_Exhibit_49
• CSU delivered query name “CSU_AP_CHK_DISB_BY_CSU_FUND”
• Query instruction in GAAP Manual, Chapter 9 CH_09.03.06_PBC_Schedule_095
• Includes CSU Funds• Downloadable to Excel• Make selection by check or
voucher
April 2015 Year-End GAAP Training 9
PBC DescriptionKPMG
ApprovedRequired or Recommended
Format, Query, or Report
095 July and August Check Registers √ Required
April 2015 Year-End GAAP Training 10
• Includes CSU Funds
• Sample report in GAAP Manual, Chapter 9
CH_09.02.01_Exhibit_14
• Totals tie to Other Liabilities Detail input sheet in TM1
PBC DescriptionKPMG
ApprovedRequired or Recommended
Format, Query, or Report
117 Other Liabilities √ Recommended
April 2015 Year-End GAAP Training 11
PBC Description KPMG Approved
Required or Recommended Format, Query, or Report
135 Other Non-Operating Revenues / Expenses √ Recommended
• Includes CSU Funds
• Sample report in GAAP Manual, Chapter 9
CH_09.02.01_Exhibit_19
• CSU delivered data warehouse dashboard page Operations Dashboard
• Report instruction in GAAP Manual, Chapter 9 CH_09.03.03_PBC_Schedule_137
• Includes CSU Funds• Downloadable to Excel• Make selection
April 2015 Year-End GAAP Training 12
PBC DescriptionKPMG
ApprovedRequired or Recommended
Format, Query, or Report
137 Detail Listing of Expenditures √ Required
Agree to Lead Sheet Summary Report total (PBC #22 – Report CSUFS169)
• CSU delivered data warehouse dashboard page FIRMS-GAAP Dashboard
• Report instruction in GAAP Manual, Chapter 9 CH_09.03.08_PBC_Schedule_139
• Includes CSU Funds• Downloadable to Excel• Make selection
April 2015 Year-End GAAP Training 13
PBC DescriptionKPMG
ApprovedRequired or Recommended
Format, Query, or Report
139 Detail Listing of Auxiliary Enterprises Expenses √ Required
Agree to Reporting Package SRECNP
This PBC is also in the DW breakout session presentation.
Quiz
• What GAAP manual chapter can I find instruction to run CSU delivered queries or reports?• Name two PBC schedules that require CSU
funds?• Name two PBC schedules that must be prepared
using delivered query or report?
April 2015 Year-End GAAP Training 14
