SAAM Additions and Updates, Effective January 22, 2016

The updated Sections of the State of Arizona Accounting Manual (SAAM) listed below have been posted to /publications/saam.

Updated SAAM Sections
2535 Long-lived Resources: Stewardship Increases the time allowed to record a fixed asset transaction in FAM from 5 to 10 days, to reflect a more realistic processing time and to coincide with recording requirements listed in other sections of SAAM.

Eases the recording requirement—though not accountability--for certain stewardship resources comprised of a number of individual units of low value.

2561 Long-lived Resources: Disposals of Fixed Assets Increases the time allowed to record a fixed asset transaction in FAM from 5 to 10 days, to reflect a more realistic processing time and to coincide with recording requirements listed in other sections of SAAM.

Comments, corrections, complaints and compliments should be emailed to [email protected].  Please include the number of the SAAM section and relevant paragraph(s) (SAAM NNNN-nn.nn.nn) in the subject line.  

Author
Greg Vokoun
Date