| Bulletin Number: | A-557 | ||
| Date Issued: | 1/25/2006 | Date Last Updated: | 1/25/2006 |
| Bulletin Name: |
Update to Statewide Accounting Policies Manual, Volume IX and |
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| Purpose: | To transmit a link to the updated Statewide Accounting
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| Manual Update: | The updated Statewide Accounting Policies Manual
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| Agency Financial Reporting Package Procedures (AFRP): | The State’s accounting and financial reporting system under the control of the Office of the State Comptroller (OSC) provides for the collection, summarization and reporting of unique financial data and information maintained at State agencies. This financial information is required to ensure full and proper disclosure in financial statements prepared in accordance with generally accepted accounting principles (GAAP). The Agency Financial Reporting Package has been developed for the purpose of gathering data-in-process which has not been entered onto the State’s central accounting system at specified closing dates. At the present time, State agencies and public authorities can download forms from the internet and return by email, fax or mail. Our new system will allow agencies and public authorities to key necessary information directly on the Internet. The data will be collected in a database which will assist in the generation of the State’s required GAAP financial statements. The internet-based application can be accessed at http://nysosc11.osc.state.ny.us/product/afrp.nsf. User IDs will be mailed to each agency and passwords may be obtained by contacting the individual listed below.
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| Questions: | Questions on the Accounting Policies Manual should be directed to: Questions on the AFRP process should be directed to: Renee Bult |