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Master Timeline

Master Timeline. Su Chen, SFSR Chancellor’s Office Year-End Legal Training April 17, 2014. Timeline General Information.

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Master Timeline

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  1. Master Timeline Su Chen, SFSR Chancellor’s Office Year-End Legal Training April 17, 2014

  2. TimelineGeneral Information • The Master Audit and Reporting Timeline is located at the Systemwide Financial Standards & Reporting (SFSR) website: (http://www.calstate.edu/SFSR/Workshops/index.shtml) • The start and stop dates for each activity are saved in the Due From and Due To columns in the timeline file. • The CO and the SCO contact information is now provided in Chapter 1, Legal Manual. Year-End Legal Training

  3. TimelineGeneral Information (continued) • New SCO contact • New CO contacts Concerning cash management issues, including Bank of CSU statements Colleen Zenger Senior Financial Manager, Treasury and Banking Operations czenger@calstate.edu 562-951-4521 Concerning ITT Report and FBC Schedule Lan Luong CO Reporting Accountant lluong@calstate.edu 562-951-4630 Concerning SAM99 Submission Allen Nunley Associate Accounting Analyst anunley@sco.ca.gov 916-322-4900 Year-End Legal Training

  4. Timeline will be updated as info received and email will be issued alerting campuses to the new information TimelineGeneral Information (continued) • TBD deadlines Year-End Legal Training

  5. TimelineKey Deadlines for 2014 • Annual SWIFT confirmation to be jointly issued by CO Accounting and F&T on July 8 • This new requirement is the result of a recent audit ofReport 14 (Bank Accounts Held Outside the State Treasury) by the California State Auditor. Year-End Legal Training

  6. TimelineKey Deadlines for 2014 (continued) • 4th quarter FIRMS submission • Pre-close file - no later than noonJuly 11 • Post-close file - no later than noonJuly 15 The deadlineshave changed from last year. The changes in the filing deadlines are designed to ensure that all submissions are reviewed, adjusted where necessary and approved in a timely manner. Year-End Legal Training

  7. TimelineKey Deadlines for 2014 (continued) • Weekly legal reporting calls will be held from June 17 to July 15. Year-End Legal Training

  8. TimelineKey Deadlines for 2014 (continued) • Nongovernmental schedules CO needs to prepare the nongovernmental fund reports are due on July 23. Year-End Legal Training

  9. TimelineKey Deadlines for 2014 (continued) • Due To/From Other Funds/Appropriations Supplemental Forms (Appendix 17) for applicable nongovernmental funds • Material Variance Explanation Form for each nongovernmental fund is no longer required to be submitted to Chancellor’s Office Why? It is rare that nongovernmental funds meet the threshold required by the SCO for explaining the variance. NOTE: Form still required for submission to SCO for every fund reported in SAM 99. Why? Most of the due to/from transactions occur in nongovernmental funds (e.g. 0948) and it will help us collect the data for consolidation more accurately and efficiently. Year-End Legal Training

  10. TimelineSummary of 2014 Key Deadlines Year-End Legal Training

  11. www.calstate.edu Year-End Legal Training

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