Department of Administration, Architecture And Engineering Division, Building Program : Report On Examination of Financial Statements 1976
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In our eReader you can find the full English version of the book. Read Department of Administration, Architecture And Engineering Division, Building Program : Report On Examination of Financial Statements 1976 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Department of Administration, Architecture And Engineering Division, Building Program : Report On Examination of Financial Statements 1976
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On projects wherein less than 180 calendar days have been allowed to complete the project the agencies are to provide an amount equal to the contract award plus amounts necessary to cover change orders issued during the course of the contract.
-11- 3. On projects wherein 180 calendar days or more have been allowed to complete the project the agencies are to provide an amount equal to 20 percent of the total contract award. As bills are paid, the advance account will be replenished as the balanc...e approaches an amount equal to 5 percent of the contract award .
The Statewide Budgeting and Accounting System (SBAS) does not provide subsidiary records t^o account for the individual cash balances in the two construction advance accounts. SBAS accounts for the total cash balance in each account, but there is no information on each indi- vidual agency's appropriation cash balances. The Architecture and Engineering Division accountant maintains this information manually.
To provide for proper cash management, SBAS should provide for accounting for the individual appropriation cash balances within the construction advance and construction grant accounts.
What to read after Department of Administration, Architecture And Engineering Division, Building Program : Report On Examination of Financial Statements 1976?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Office of the Legislative Auditor to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
On projects wherein less than 180 calendar days have been allowed to complete the project the agencies are to provide an amount equal to the contract award plus amounts necessary to cover change orders issued during the course of the contract.
-11- 3. On projects wherein 180 calendar days or more have been allowed to complete the project the agencies are to provide an amount equal to 20 percent of the total contract award. As bills are paid, the advance account will be replenished as the balanc...e approaches an amount equal to 5 percent of the contract award .
The Statewide Budgeting and Accounting System (SBAS) does not provide subsidiary records t^o account for the individual cash balances in the two construction advance accounts. SBAS accounts for the total cash balance in each account, but there is no information on each indi- vidual agency's appropriation cash balances. The Architecture and Engineering Division accountant maintains this information manually.
To provide for proper cash management, SBAS should provide for accounting for the individual appropriation cash balances within the construction advance and construction grant accounts.
What to read after Department of Administration, Architecture And Engineering Division, Building Program : Report On Examination of Financial Statements 1976?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Office of the Legislative Auditor to read onlineMoreLess
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