Budgeting, Accounting and Auditing Handbook for Utah Schools

This handbook is intended to help in the standardization of financial and statistical reports submitted by school districts and charter schools.  The contents may be updated from time to time but the basic principles have been in place since 1979 when Utah adopted the Handbook II chart of accounts approved by the Department of Education in 1974.  We continue to follow those principles and hope this compilation will assist with questions about specific portions of school budgeting, accounting, auditing and financial reporting in the State of Utah.

Utah State Board of Education

Table of Contents

Chapter 1	Introduction
Chapter 2	Budgeting
Chapter 3	Accounting
	Part 1 Financial Accounting
	Part 2 Pupil Accounting
Chapter 4	Chart of Accounts
	Funds
	Funds Definitions
	Function
	Function Definitions
	Programs
	Expenditure Objects
	Object Definitions
	Revenue Accounts
	Revenue Definitions
	Balance Sheet Accounts
Chapter 5	Indirect Costs
Chapter 6	School Food Services
Chapter 7	Auditing
	Financial Audits
	Statistical Audits
	Compliance Guides
Appendix A	Financial Accounting for Local and State School Systems: 2009 Edition
Appendix B	Resource Links
Appendix C	Indirect Costs
Appendix D	Record Retention Schedule