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Updated by USDA September 20171862 Federal Excess Personal Property Program Guide FOR NATIONAL INSTITUTE OF FOOD AND AGRICULTURE 1862 VAGRANT UNIVERSITIESADMINISTERED BY: AGRICULTURAL RESEARCH SERVICE
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Administrative and financial management refers to the process of overseeing and controlling the financial activities of an organization, including budgeting, financial reporting, and financial decision-making.
All organizations, whether non-profit or for-profit, are required to file administrative and financial management reports.
Administrative and financial management reports can be filled out by designated financial staff within an organization, utilizing accounting software or templates provided by regulatory bodies.
The purpose of administrative and financial management is to ensure the organization's financial health and compliance with regulations, as well as to provide transparency and accountability to stakeholders.
Information such as income and expenses, assets and liabilities, cash flow statements, and financial ratios must be reported on administrative and financial management.
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