X hits on this document

35 views

0 shares

0 downloads

0 comments

8 / 13

2. The _______________ (staff position) will maintain an inventory log; which shall list a description of the item, date of purchase or acquisition, price or fair value of the item and its location.

3. A depreciation schedule shall be prepared at least annually for the audited financial

statements.

(staff position) will record all equipment in the accounting system. 4. The _____________ An entry must be made whenever property is disposed of or acquired.

  • IX.

    LEASES

    • A.

      REAL ESTATE

  • 1.

    The Executive Director will review leases prior to submission to the Board of Directors for approval.

  • 2.

    All leases, clearly delineating terms and conditions, will be approved by the Board of Directors and signed by the Board Chair.

  • 3.

    The Executive Director will keep a copy of each lease on file.

  • 4.

    The Consulting Accountant will be notified of each lease and lease specifications, and

will make proper general journal entries for same.

  • B.

    EQUIPMENT

    • 1.

      The Executive Director will review all leases.

    • 2.

      All leases, clearly delineating terms and conditions, will be approved and signed by the

Executive Director.

  • 3.

    The Executive Director will keep a copy of each lease on file.

  • 4.

    The Consulting Accountant will be notified of each lease and lease specifications, and

will make proper general journal entries for same.

X.

INSURANCE

8

Document info
Document views35
Page views35
Page last viewedFri Dec 09 08:12:00 UTC 2016
Pages13
Paragraphs359
Words3784

Comments