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II.4 Overview – II. New York State Financial Accounting
… Law prescribes the minimum reports that are required to be prepared on both a budgetary (cash) and GAAP basis of … purposes on a GAAP basis. The GAAP-basis plans model, to the extent practicable, the accounting principles applied … in preparation of the annual financial statements. Guide to Financial Operations REV. 01/01/2017 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii4-overviewWorcester Central School District - Fund Balance Management (2022M-75)
… Education (Board) and officials effectively managed fund balance. Key Findings The Board and District officials did not effectively manage the District’s fund balance. The Board annually overestimated appropriations from … shift of $5.9 million. The District’s surplus fund balance exceeded the 4 percent statutory limit in each of the …
https://www.osc.ny.gov/local-government/audits/school-district/2022/09/02/worcester-central-school-district-fund-balance-management-2022m-75Cobleskill-Richmondville Central School District – Fund Balance Management (2022M-47)
… not effectively manage the District’s fund balance. As a result, the District levied more taxes than needed to fund … exceeded the 4 percent statutory limit in each of the last three fiscal years by 4.8 to 10.1 percentage points. … reserves were not reasonably funded or used in the last three years. Maintaining reserves that were not used and …
https://www.osc.ny.gov/local-government/audits/school-district/2022/08/12/cobleskill-richmondville-central-school-district-fund-balance-managementWho Is Responsible? – Travel and Conference Expense Management
… is generally responsible for the high level oversight of local government or school district resources. The … are responsible for the supervision and accountability of travel and conference expenses in accordance with board … whether a rank-and-file employee, an officer, or a member of the governing board, is responsible for having a clear …
https://www.osc.ny.gov/local-government/publications/travel-conference-expense/who-responsibleDays Worked – Enhanced Reporting
… Understanding how to establish and calculate the days worked for your employees is a crucial part of employer reporting …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/days-workedVII.10.C Reducing a Cash Advance – VII. State Revenues and Appropriated Loan Receivables
… an AP Adjustment Voucher in SFS as described in Section 3 – Refund of Appropriation/AP Adjustment Vouchers of this … public query in SFS. The appropriate account code from the table below is also required. When used, these specific codes … of Appropriation/AP Adjustment Vouchers of this Chapter: New York State Taxation & Finance Division of the Treasury …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10c-reducing-cash-advanceCUNY Bulletin No. CU-749
… Purpose The purpose of this bulletin is to provide agency instructions for … Allowance Payment. Affected Employees City University of New York (CUNY) campus security and nursing titles who … eligibility criteria are affected. Background Section 8 of the 2016-2021 Blue Collar Agreement between the City …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-749-cuny-december-2022-uniform-allowance-paymentXVI.2 Financial Reporting Policies – XVI. Financial Reporting
… Note that in December 2010, the GASB issued Statement 62, Codification of Accounting and Financial … Pre-November 30, 1989 FASB and AICPA Pronouncements. This Statement incorporates into the GASB’s authoritative …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi2-financial-reporting-policiesSUNY Bulletin No. SU-328
… Purpose The purpose of this bulletin is to provide agency instructions for … for 21P employees will end 06/08/2022. However, the status of 21P employees will remain as Active on the Job Data … Service – SUNY Time Entry payment exceeds the parameters of the chart and there are no comments from the agency …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-328-2022-suny-summer-sessions-paymentsXVI.4.D Receivables Other Than Income Taxes and Federal Grants – XVI. Financial Reporting
… are comprised of four principal sources of State tax revenues which include personal income taxes, corporate income taxes, sales taxes and other taxes. The …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4d-receivables-other-income-taxes-and-federal-grantsBest Practices – Information Technology Contingency Planning
… several steps entities can take to improve their chances of quickly recovering from an IT disruption. Assemble a Team … as well as those with appropriate technical knowledge of the organization’s IT systems and electronic data. It may … data that support the processes and services. In the event of an incident, personnel need to quickly recognize …
https://www.osc.ny.gov/local-government/publications/it-contingency-planning/best-practicesMedicaid Program – Overpayments for Services Also Covered by Medicare Part B
… Purpose To determine if the Department of Health overpaid health care providers for Medicaid claims … health program for the elderly and disabled. It consists of several parts. Medicare Part B helps pay for medical care … is the secondary payer. Usually, Medicare pays 80 percent of the charges for approved Part B services, and Medicaid …
https://www.osc.ny.gov/state-agencies/audits/2013/07/09/medicaid-program-overpayments-services-also-covered-medicare-part-bNew York Mills Union Free School District – Procurement (2020M-79)
… Determine whether District officials sought competition for the purchase of good and services not subject to … District officials did not always seek competition for purchases that are not subject to competitive bidding. … duties. Officials did not always seek competition for professional services. No competition was sought for the …
https://www.osc.ny.gov/local-government/audits/school-district/2020/10/02/new-york-mills-union-free-school-district-procurement-2020m-79State Agencies Bulletin No. 1807
… 1, 2020 salary increases. Affected Employees Executive Law Section 169 Commissioners are affected. Background Pursuant to the … January 1, 2020, the salaries of the following Executive Law Section 169 Commissioners are increased as follows: …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1807-january-1-2020-salary-increases-executive-law-section-169-commissionersEast Ramapo Central School District - Textbooks Loaned to Nonpublic School Students (2019M-171)
… were only provided to eligible students. We reviewed 300 nonpublic school student records and found that 114 …
https://www.osc.ny.gov/local-government/audits/school-district/2020/08/03/east-ramapo-central-school-district-textbooks-loaned-nonpublic-schoolRochester City School District – Budget Review (B20-2-5)
… [read complete report - pdf] Purpose of Budget Review The objective of this review was to provide an independent evaluation of the Rochester City School District’s (District) proposed … Provide an independent evaluation of the Rochester City School Districts District proposed …
https://www.osc.ny.gov/local-government/audits/school-district/2020/06/05/rochester-city-school-district-budget-review-b20-2-5SUNY Bulletin No. SU-296
… Purpose The purpose of this bulletin is to provide agency instructions for … 21P employees will end 06/10/2020. However, the status of 21P employees will remain as Active on the Job Data page. … Service – SUNY Time Entry payment exceeds the perimeters of the chart and there are no comments from the agency …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-296-2020-suny-summer-sessions-payments-1CUNY Bulletin No. CU-663
… Purpose The purpose of this bulletin is to provide agency instructions for … Affected Employees Employees in the City University of New York (CUNY) campus security titles and nursing titles … eligibility criteria are affected. Background Section 12 of the 2009-2016 Blue Collar Agreement between the City …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-663-cuny-december-2019-uniform-allowance-paymentCopenhagen Central School District - Procurement (2019M-238)
… District officials sought competition for the purchase of goods and services not subject to competitive bidding. Key Findings Our review of 24 purchases totaling about $128,000 found that District … officials did not seek competition for services from five of the six professional service providers reviewed. These …
https://www.osc.ny.gov/local-government/audits/school-district/2020/03/06/copenhagen-central-school-district-procurement-2019m-238Westchester County Sisters Charged With Hiding Their Mother's Death to Steal From Retirement System
… Nash, 58, for allegedly concealing their mother’s death to collect $21,694 in her retirement funds from 2013 to 2015. … her sister, Mary Nash, stole nearly $22,000 in pension payments from the New York State and Local Employees …
https://www.osc.ny.gov/press/releases/2019/11/westchester-county-sisters-charged-hiding-their-mothers-death-steal-retirement-system