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.
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