Council member comments should be directed to Mr. Waldron. A team was established to address these issues. Recommendations include providing additional assistance and training for reconciliation procedures. Also, provide more training in the areas of reconciling fund balances. A course called Reconciling Fund Balance To Treasury is being offered.
Attendance is encouraged.
Representatives from the Audit, CFO and IG communities are encouraged to attend. Status of Certain Audit Requirements - Disclosure of deferred maintenance information will continue to be required for the FY1998 statements, but will be unaudited for 1998. This is because every agency complies with the financial accounting standards in a different way and produces a dramatically different result in similar circumstances. A task force will be organized to address this issue and to draft government-wide guidance on how to calculate the amount that is required under this standard. This will allow more consistent results.