Saint Louis University is required to comply with the financial reporting requirements promulgated by the Financial Accounting Standards Board (FASB). Consequently, we must ensure that transactions are recorded in the appropriate fiscal year. Revenues and expenses must be matched with the fiscal year to which they pertain.
The instructions, checklist, and calendars are provided to assist business managers with the timely and accurate processing of old year and new year documents.
See Year End Processing links for important processing information: