SAAM Additions, Updates and Drafts Effective July 9, 2018

New or updated Sections, if any, of the State of Arizona Accounting Manual (SAAM) listed below have been posted to /publications/saam.

New SAAM Drafts, if any, have been posted to /publications/saam/saam-draft.

Drafts are posted for comment and do not reflect policy statements that are in effect. Agencies are requested to review any Drafts within sixty (60) days of initial posting and send their comments to [email protected].

New SAAM Section(s)

2012

Current Assets: Proper Accounting for State Monies Deposited into Escrow Accounts

Mandates and directs agencies to the escrow-related procedures outlined in the relevant Quick Reference Guide.

Updated SAAM Section(s)

2515

Long-lived ResourcesInformation Technology Resources

Clarifies the treatment of maintenance and support costs included in the initial installation of IT resources.

2525

Long-lived Resources: Betterments

Makes clear that floor coverings (as opposed to structural flooring) is not to be treated as a betterment.

8011

MiscellaneousFood and Beverages at Board and Commission Meetings

Clarifies which employees may have lunch provided at State expense at such gatherings.

 

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