The Accounting Handbook provides guidance on policies, procedures, forms, and best practices in financial management. These procedures cover the areas of finance, financial recording, and financial reporting.

 

Accounting for Bad Debt
How to write off uncollectable balances (receivables).
How to identify a capital asset, and record/depreciate it appropriately.
Cash Controls
How to safeguard cash and the people who handle it.

Fundraising Events
How to obtain approval for, and administer, events designed to raise gift money for CU.
Gift/Charitable Contribution Processing
How and where to deposit cash gifts.
Gift Revenues & Recognition
How to classify and record donations (gifts) of cash.

Gift SpeedType Set-up
How to ensure that gift funds are spent in accordance with donor restrictions.
Gifts-in-Kind
How and when to accept donations of goods or services.
Internal Controls
How to ensure that fiscal transactions are accurate and proper.

Revenue Definition & Recognition
How to categorize and report money received from an outside source.
Revenue Recognition - Special Revenue Types
How to identify, classify, and record auxiliary and self-funded, fundraising event, gift, and sponsored project revenues.
Sales & Use Tax
How to identify when CU is responsible for sales and use tax, and how to remit payment.

Sponsorships
How to handle external support for CU functions/activities, and what to do when support becomes advertising income.