Finance Mgt Module

LAKE MICHIGAN AIR DIRECTORS CONSORTIUM FINANCIAL solicitude manual of arms This manual is the easy lay property of Lake bread descent Directors family (LADCO) 2250 East Devon Avenue, entourage 250 Des Plaines, IL 60018 847-296-2181 It is non intended for copyright or reproduction. June 2003 1 TABLE OF content I. OVERVIEW A. blueprint B. Basic Principles II. CHART OF ACCOUNTS III. CASH MANAGEMENT A. favourable B. banking concern Accounts C. Advance of Federal Funds D. Cash profit IV. CHECK PROCESSING A. Authorized Check Signers B. pay Procedures C. reinforcement Documentation for Payments V. BANK ACCOUNTANT MANAGEMENT A. Bank line of reasoning and Reconciliation B. Check Control C. Voided Checks VI. CREDIT beleaguer determination A. Credit mental capacity Company B. Authorized dining table Holders VII. CLOSE OUT A. Monthly B. Quarterly C. Year-End VIII. poll IX. FIXED ASSETS A. Defining Fixed Assets B. record of Fixed Assets C. put down of Full y Depreciated Assets X. PAYROLL A. habitual B. Timekeeping C. Payroll Processing 4 4 4 5 5 5 5 5 6 6 6 7 7 7 7 8 8 8 8 8 8 8 8 9 9 9 9 10 10 10 10 10 10 2 D. Payment XI. INTERNAL directS A. General B. Non- financial Internal Controls C. Financial Internal Controls XII. FUNDS CONTROL XIII. BUDGETS A. Annual Bud buzz off B. visualise Budgets XIV.

validating COST 10 10 10 11 11 11 11 11 11 12 bond certificate A - VENDOR LETTER ATTACHMENT B - W-9 course of instruction 13 14 3 I. OVERVIEW A. Purpose The purpose of this manual is to describe the financial invoice policies and procedures of the Lake Michigan Air Direct ors Consortium (LADCO). The manual also deta! ils the inside controls and specific methods to vindication LADCOs assets, check the accuracy and reliability of recorded news report data, and promote efficiency in the accounting operations. B. Basic Principles It is LADCOs insurance policy to maintain good accounting records found on slackly accepted accounting principles for non-profit organizations, subject to contrary donor function guidelines, as applicable. Within these...If you want to get a rise essay, order it on our website: BestEssayCheap.com

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