Accounting Procedures

COASTAL ALABAMA COMMUNITY COLLEGE
Policies and Procedures Manual

06.01 Accounting Procedures

Original Approval:  04/01/2022
Last Updated: 06/01/2023
Last Reviewed:  06/03/2024

Policy/Purpose:

The Fiscal Procedures Manual for the Alabama Community College System (ACCS) will be used by all institutions. The Chancellor will revise and maintain the manual as needed to comply with Generally Accepted Accounting Principles (GAAP), good business practices, Board policy, and applicable laws.

Scope:

This policy applies to all Coastal Alabama Community College students and employees during any activity involving the College, including the workday. In addition, visitors, vendors, contractors, and all other non-employees are expected to recognize and comply with college policies.

Definitions:

GAAP: Generally Accepted Accounting Principles.

Details:

1. Coastal Alabama Community College will follow and work from the ACCS Fiscal Procedure Manual.

Procedures(s):

1. Coastal Alabama Community College will follow and work from the ACCS Fiscal Procedure Manual.

Additional Provisions / Information:

There are no Additional Provisions / Information applicable to this policy.