Transcription of Accounting Policies and Procedures Manual
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KLR Not-for-Profit Services Group February 2016 Accounting Policies and Procedures Manual Boston Newport Providence Shanghai Waltham 888-KLR-8557 Accounting Policies and Procedures Manual Preface This Manual has been assembled to provide ORGANIZATION NAME ("ORGANIZATION NAME") with guidance in fulfilling its fiscal responsibility to its funding sources. The Accounting Policies and Procedures Manual establishes ORGANIZATION NAME's Policies in various financial-related areas and sets forth the Procedures to be followed in adhering to those Policies . This Manual is to be used by ORGANIZATION NAME and its employees to assure that ORGANIZATION NAME's financial resources are properly safeguarded and utilized only for authorized purposes.
Government grants - Government grants are recognized as revenue by ... financial records for preparing financial statements and maintaining accountability of assets. Procedures: ... Recordkeeping will be separated from operations or the handling and custody of assets. d.) Responsibilities in the accounting department will be clearly established and
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