(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