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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif">Hello ACFR Contacts,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif">As we turn our attention to FY 2023 year-end, I wanted to pass along a couple of items:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<ol style="margin-top:0in" start="1" type="1">
<li class="MsoListParagraph" style="margin-left:0in;mso-list:l0 level1 lfo1"><span style="font-size:10.0pt;font-family:"Arial",sans-serif">Agencies with FY 2022 post-close adjustments should be receiving them shortly from their SARS analyst, if they haven’t
received them already. Please be sure to review them and make sure you’re comfortable with what’s being proposed. Depending upon the post-close, a companion entry may be needed which is also being communicated. Like the post-close adjustment, it’s important
agencies are comfortable with that entry too. If agencies have any questions about the entries, please communicate with your SARS analyst.
<o:p></o:p></span></li></ol>
<p class="MsoListParagraph"><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoListParagraph"><span style="font-size:10.0pt;font-family:"Arial",sans-serif">Also know that consistent with past practice, the Gold Star Date to post the post-close adjustments will be the close of March in SFMA, or Friday, April 14.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<ol style="margin-top:0in" start="2" type="1">
<li class="MsoListParagraph" style="margin-left:0in;mso-list:l0 level1 lfo1"><span style="font-size:10.0pt;font-family:"Arial",sans-serif">SARS will be conducting a training to address the implementation of GASB 94 and GASB 96. The training will be on Wednesday,
May 10 at the Employment Department Auditorium from 10:00 am – 12:00 pm. We will be recording this training and making it available to agencies.
<b><u>Attending or viewing this training will be a Gold Star requirement</u></b>. For those that do not attend, we’ll establish a deadline by which the agency must communicate to their SARS analyst that the training has been viewed. It’s possible we’ll put
this in Workday Learning, but I wanted to get this email around first so agencies can mark their calendars.
<o:p></o:p></span></li></ol>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin-left:.5in"><span style="font-size:10.0pt;font-family:"Arial",sans-serif">For those that are not familiar with the references, GASB 94 is titled
<i>Public-Private and Public-Public Partnerships and Availability Payment Arrangements</i> (<a href="https://gasb.org/page/ShowDocument?path=GASBS94.pdf&acceptedDisclaimer=true&title=GASB+STATEMENT+NO.+94%2C+PUBLIC-PRIVATE+AND+PUBLIC-PUBLIC+PARTNERSHIPS+AND+AVAILABILITY+PAYMENT+ARRANGEMENTS&Submit=">link</a>)
while GASB 96 is titled <i>Subscription-Based Information Technology Arrangements</i> (<a href="https://gasb.org/page/ShowDocument?path=GASBS%252096.pdf&acceptedDisclaimer=true&title=GASB+STATEMENT+NO.+96%2C+SUBSCRIPTION-BASED+INFORMATION+TECHNOLOGY+ARRANGEMENTS&Submit=">link</a>)
and both are effective for FY 2023.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif">We’ll have more information about the FY 2023 Gold Star dates soon, and this year will include a Year-end Close Training, likely in June, but nothing is scheduled yet.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif">Any questions, please reach out.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif">Thanks everyone,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif">Rob<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:8.0pt;font-family:"Verdana",sans-serif;color:#353535">Robert W. Hamilton, CPA</span></b><b><span style="font-size:8.0pt;font-family:"Verdana",sans-serif;color:#353535"><o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-size:8.0pt;font-family:"Verdana",sans-serif;color:#353535">Statewide Accounting and Reporting Services Manager</span></b><b><span style="font-family:"Verdana",sans-serif;color:#353535"><o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana",sans-serif">Chief Financial Office</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana",sans-serif">Department of Administrative Services</span><span style="font-size:8.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana",sans-serif">Cell: (971) 719-3031<o:p></o:p></span></p>
<p class="MsoNormal"><a href="http://www.oregon.gov/DAS/financial/acctng"><span style="font-size:8.0pt;font-family:"Verdana",sans-serif;color:blue">http://www.oregon.gov/DAS/financial/acctng</span></a><span style="font-size:8.0pt;font-family:"Verdana",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt"> </span><span style="font-size:8.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:"Verdana",sans-serif;color:#353535">Data Classification: Level 1 - Published</span><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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