Financial Accounting for Local and State School Systems ...
Financial Accounting for Local and State School Systems: 2014 Edition
NCES 2015-347
U.S. DEPARTMENT OF EDUCATION
Financial Accounting for Local and State School Systems: 2014 Edition
MARCH 2015
Gregory S. Allison University of North Carolina Frank Johnson Project Officer National Center for Education Statistics
NCES 2014-347
U.S. DEPARTMENT OF EDUCATION
U.S. Department of Education Arne Duncan Secretary
Institute of Education Sciences Sue Betka Acting Director
National Center for Education Statistics Peggy G. Carr Acting Commissioner
The National Center for Education Statistics (NCES) is the primary federal entity for collecting, analyzing, and reporting data related to education in the United States and other nations. It fulfills a congressional mandate to collect, collate, analyze, and report full and complete statistics on the condition of education in the United States; conduct and publish reports and specialized analyses of the meaning and significance of such statistics; assist state and local education agencies in improving their statistical systems; and review and report on education activities in foreign countries.
NCES activities are designed to address high priority education data needs; provide consistent, reliable, complete, and accurate indicators of education status and trends; and report timely, useful, and high quality data to the U.S. Department of Education, the Congress, the states, other education policymakers, practitioners, data users, and the general public. Unless specifically noted, all information contained herein is in the public domain.
We strive to make our products available in a variety of formats and in language that is appropriate to a variety of audiences. You, as our customer, are the best judge of our success in communicating information effectively. If you have any comments or suggestions about this or any other NCES product or report, we would like to hear from you. Please direct your comments to
NCES, IES, U.S. Department of Education 1990 K Street NW Washington, DC 20006-5651
March 2015
The NCES Home Page address is . The NCES Publications and Products address is .
Mention of trade names, commercial products, or organizations does not imply endorsement by the U.S. Government.
Suggested Citation Allison, G.S. (2015). Financial Accounting for Local and State School Systems: 2014 Edition (NCES 2015-347). U.S. Department of Education, National Center for Education Statistics. Washington, DC: U.S. Government Printing Office.
For ordering information on this report, write to
ED Pubs, U.S. Department of Education P.O. Box 22207 Alexandria, VA 22304
or call toll free 1-877-4ED-Pubs or order online at .
Content Contact Frank Johnson 202-502-7362 frank.johnson@
Preface This handbook is one in a series of data handbooks published by the National Center for Education Statistics (NCES). It continues a half-century's tradition of sharing the best practices in data collection and reporting with the schools, school districts, and state agencies that are our partners in providing good information to manage, assess, and guide elementary and secondary education. In addition to this volume, NCES has produced the Handbooks Online tool to improve the consistency of data definitions and data maintenance, so that education data can be more accurately aggregated and analyzed. Handbooks Online contain data items, definitions, and a system of data item codes at the student, staff, school, school district, and state levels. The Handbooks Online tool is updated as needed and is available at . The data handbooks do not include every possible data element. They are intended, rather, as a set of data element definitions and suggestions for structuring a report or an electronic record system. However, every attempt has been made to include all of the data elements routinely required for federal education reporting. The rationale for this is that if these items are part of a comprehensive information system used for the daily management of schools and districts, they can be reported with minimal additional burden on teachers and principals. NCES and representatives of state and local education agencies, as well as members of the research and statistical communities, have worked together through the National Cooperative Education Statistics System to improve the quality and comparability of data used for education policy decisions at all levels of government. This handbook, like the other data handbooks published by NCES, was written through the efforts of education professionals from a range of backgrounds. Their input ensures that such products are useful for managing the daily business of schools and districts as well as for identifying the information needed for program monitoring and statistical purposes.
iii
Page intentionally left blank.
iv
Acknowledgments The 2014 edition of Financial Accounting for Local and State School Systems updates the 2009 and 2003 editions of the handbook. The 2003 edition was the work of the NCES National Forum on Education Statistics, Core Finance Data Task Force. That task force systematically rewrote nearly the entire text, incorporating new chapters and reviewing and revising the account code structure and account code definitions. The 2009 edition of the handbook incorporated changes resulting from the issuance of GASB Statements 40 through 47. This edition incorporates changes resulting from the issuance of GASB Statements 48 through 70. NCES would like to thank all of the accountants and data coordinators in the state education agencies who have used previous editions of the handbook and have provided advice on improving and updating this edition. In particular, NCES would like to thank Peggy O'Guin and Christine Davis of the California State Department of Education; Su McCurdy and Janice Evans of the Iowa State Department of Education; Glenda Rader of the Michigan State Department of Education; and Vaughn Altemus of the Vermont State Department of Education.
v
Page intentionally left blank.
vi
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- appendix a illustrative reports on internal control over
- report writing and communicating to the audit committee
- management representations aicpa
- financial reporting manual sec
- cost and management accounting icsi
- audit management letter bucks utc
- forensic accounting fraud investigations
- close consolidate and report deloitte
- commercial property management report samples
- financial accounting for local and state school systems
Related searches
- alabama school systems employment
- financial accounting textbook
- fundamental financial accounting concepts pdf
- financial accounting systems requirements
- managerial and financial accounting compared
- financial accounting and management accounting
- news break for you and local news
- financial accounting definitions and terms
- financial accounting for dummies pdf
- financial accounting and reporting pdf
- financial accounting problems and answers
- financial accounting and reporting cpa