In 1965, the fiscal affairs section of the State Administrative Manual was revised to incorporate the revised chart of accounts and other procedures that had been adopted since the last general revision of the accounting manual. A study of the State's basis of accounting and general ledger was undertaken by the Department of Finance, with advice from the General Ledger and Accounting Basis Advisory Committee and a national certified public accounting firm. This study included a review of the State's general ledger accounts and account titles. This study resulted in standardizing the accounts to facilitate reporting in automated systems and the restructuring and renaming of the accounts for conformance with Generally Accepted Accounting Principles. Proprietary and fiduciary funds often require complete special manuals of accounting instructions.
Departments are responsible for keeping current their accounting manuals.
Amendments to such manuals will be sent to FSCU for approval before such changes are incorporated in the system. Uniform and consistent accounting and reporting among all state departments insofar as requirements for accounting data and practical considerations permit. Consistency between accounting and budgeting procedures. Uniform reporting by all state departments for inclusion in financial statements prepared by the State Controller's Office. The State's uniform codes that must be used on budgeting and accounting documents and records are contained in the Uniform Codes Manual.