What is the
The Statewide Accounting Policies and Procedures Manual has been
developed to assist state agencies in understanding budgetary and GAAP
basis accounting policies and procedures for the statewide accounting
system (WVFIMS), as well as those defined by the Financial Accounting &
Reporting Section (FARS) of the Department of Administration in
completing the State's Single Audit and Comprehensive Annual Financial
Report (CAFR). Documented in this manual are fiscal policies,
accounting policies, operating procedures, and reporting requirements
and capabilities. This manual was issued as a hard copy document to
each agency in July of 1998.
needs the SAPP Manual?
This document is
intended for fiscal agents, budgeting staff, accounting technicians,
data entry personnel, and any other person who prepares, supervises, or
uses information of accounting.
The information presented will assist
management of State agencies by: providing a training device and
reference material for end-user and supervisory personnel; ensuring
consistent application of accounting policies and procedures across
state agencies; and describing principles, procedures and closing book
forms to be used to generate state-wide financial statements prepared in
accordance with Generally Accepted Accounting Principles (GAAP)
What's new in SAPP?
There have been some changes to past
procedures. Agency fiscal staff should carefully review the