Intermediate Financial Management Training - October 6, 2022

This training discusses the application of governmental GAAP and strong financial management and internal control systems to successfully administer NAHASDA funds. The training provides participants with an understanding of fund types, the basics of accounting, differences between Governmental Fund versus Proprietary Fund Accounting and financial statement components. It emphasizes the Tribe/TDHE’s role in compliance of NAHASDA program specific financial activities on IHP budget planning and analyses, treatment of program income, investment of IHBG grant funds, financial reporting on the APR, and monitoring.
Chapters
0:00 - Section 11: Auditee Preparation (cont.)
25:43 - Section 12 Single Audit Process
54:54 - Section 13: Testing Compliance with Internal Controls
1:41:45 - Section 14: Grant Compliance of Major Programs
3:01:24 - Section 15: Auditee Responsibilities on Reporting of Findings, Corrective Actions, and Resolution
4:14:01 - Section 16: Auditor Report and Opinion
4:34:46 - Section 17: Audited Financial Statements and Submission to FAC