Accounting Policies

(Client X)

SAMPLE ACCOUNTING POLICIES AND
PROCEDURES MANUAL

Adopted May 20XX



TABLE OF CONTENTS



1.00 BACKGROUND INFORMATION
1.01   Tax Status and Purpose 1
1.02   Service Area 1

2.00 CHART OF ACCOUNTS
2.01   Assets 2
2.02   Liabilities 2
2.03   Net Assets (Fund Balance) 2
2.04   Revenues 2
2.05   Expenses 2
2.06   Cost Centers 2

3.00 ACCOUNTING PRINCIPLES AND PROCEDURES
3.10 Policies 3
3.20 Procedures
3.21   Revenue Recognition 3
3.22   Matching of Revenues and Expenses 3
3.23   Fixed Assets and Depreciation 3
3.24   Donated Materials and Services 4
3.25   Data Cutoff 4

4.00 CASH DISBURSEMENTS
4.10   Policies 5
4.20   Procedures
4.21   Capital Acquisitions 5
4.22   Supplies, Services, and Other Invoices 5
4.23   Invoice Payment Procedures 6
4.24   Payroll 6

5.00 CASH RECEIPTS
5.10 Policies 7
5.20   Procedures 7

6.00 BANK RECONCILIATION
6.10   Policies 8
6.20   Procedures 8

7.00 END OF MONTH ACCOUNTING PROCEDURES
7.10   Policies 9
7.20   Procedures 9

8.00 END OF YEAR ACCOUNTING PROCEDURES
8.10   Policies 10
8.20   Procedures 10
8.21   Financial Audit 10

9.00 COST ALLOCATIONS
9.10 Policies 12


TABLE OF CONTENTS (continued)



10.00 INVESTMENTS
10.10 Policies 13
10.20 Procedures 13

11.00 DEBT
11.10 Policies 14
11.20 Procedures 14

12.00 RESERVES AND DESIGNATED FUNDS
12.10 Policies 15
12.20 Procedures 15

13.00 INTERNAL CONTROLS AND FINANCIAL AUDIT
13.10   Policies 16
13.20   Procedures 16

14.00 COMPLIANCE
14.10 Policies 17
14.20 Procedures 17
14.21   Compliance Committee 17
14.22   Restricted Donations 17

15.00 BUDGETING
15.10   Policies 18
15.20   Procedures 18

16.00 COMPUTER ACCESS AND BACKUP
16.10   Policies 19
16.20   Procedures 19
16.21   Passwords 19
16.22   Backup 19
16.23   Disaster Recovery 20

17.00 ACCESS TO RECORDS...