INDIAN GAMING ASSOCIATION Accounting Policies and Procedures ( Adopted by Executive Committee xx/xx/xxxx )
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The Indian Gaming Association (IGA) was incorporated in Washington, DC on October 22, 1993 as a 501(c)(6) non-profit corporation. The following accounting guidelines have been put forth to ensure that the financial management of IGA is handled with the utmost accountability and credibility and that accurate financial records are made available to the Executive Committee, Executive Director, and Program Managers in a timely and responsible manner. TABLE OF CONTENTS SECTION 1: ABOUT THE MANUAL ............................................................................................ 2 1.1 PURPOSE AND LIMITATION ................................................................................................. 2 1.2 COMMITMENTS....................................................................................................................... 2 1.3 CHANGES AND AMENDMENTS ........................................................................................... 2 SECTION 2: ACCOUNTING CONTROL POLICIES .................................................................. 4 2.1 INTERNAL CONTROLS.......................................................................................................... 4 2.2 EXTERNAL AUDIT ................................................................................................................. 5 SECTION 3: ACCOUNTING POLICIES AND PROCEDURES ................................................. 6 3.1 BUDGET PROCESS ................................................................................................................. 6 3.2 CASH RECEIPTS/REVENUE .................................................................................................. 7 3.3 INVESTMENTS ........................................................................................................................ 8 3.4 POLICIES FOR HANDLING IN-KIND CONTRIBUTIONS ............................................... 11 3.5 ACCOUNTS RECEIVABLE ................................................................................................... 12 3.6 CASH DISBURSEMENTS/PURCHASING ........................................................................... 13 3.7 CREDIT CARDS ...................................................................................................................... 15 3.8 TRAVEL REQUEST/AUTORIZATION................................................................................. 16 3.9 TRAVEL RECONCILIATION ................................................................................................ 17 3.10 PAYROLL .............................................................................................................................. 18 3.11 BONUSES .............................................................................................................................. 20 3.12 PROPERTY AND EQUIPMENT .......................................................................................... 21 3.13 BANK RECONCILIATION................................................................................................... 22 3.14 PRESERVATION OF ACCOUNTING RECORDS.............................................................. 23 1. ABOUT THE MANUAL
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Deleted: NIGA
IGA Accounting Policies and Procedures (guidelines)
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