Closing the Books

Closing the books, also known as preparing the Unaudited Actuals, has many similarities to budget preparation. However, there are also some stark differences. The budget is the roadmap, or plan, for revenues and expenditures whereas the preparation of the Unaudited Actuals requires local educational agencies to recognize revenues and expenditures in accordance with generally accepted accounting principles. This training focuses on the year-end close and provides technical advice on the preparation of journal entries, as well as the required year-end documents, such as Form CEA (Current Expense of Education) and Form CAT.

Cancellation Policy