Roles of Finance
What is protecting the PBOES Assets
The largest task in finance
What is record keeping
Fiscal Year, Calendar Year, school year
What are PBOES reporting cycles
NPES, PNSS, POA, PSE & Transportation
What are primary departments
Contribution agreements, donations, fundraising
What are revenues
Random selection of source documents for verification
what is Audit testing
a resource that has value and/or is useful
Creates legal liability for PBOES
The Examination and verification of financial records
what is Auditing
An accounting term that assumes a business will meet its obligation
What is Going concern
Cheque Requisitions, Invoices, Timesheets, Receipts
What are source documents
Following the Chain of Command