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March 13, 2017Vendor Processing Training Courgette of North CarolinaTHIS PAGE IS INTENTIONALLY LEFT BLANK North Carolina Accounting SystemVendor Processing Training CourseOffice of the State Controller
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01
To fill out the NC OSC CAFR, follow these steps:
02
Start by gathering all the necessary financial documents related to your organization's operations and transactions.
03
Begin by completing the general information section, which includes providing details about your organization, such as its name, address, and contact information.
04
Proceed to the statement of cash flows section, where you'll need to record the inflows and outflows of cash for your organization during the reporting period.
05
Fill out the statement of net position section, detailing your organization's assets, liabilities, and net position.
06
Move on to the statement of revenues, expenditures, and changes in fund balances section, where you'll report your organization's revenues, expenses, and changes in fund balances.
07
Complete the notes to the financial statements section, providing additional explanations and disclosures related to your organization's financial activities.
08
Finally, review and double-check all the information you've entered to ensure accuracy and completeness.
09
Once you're confident that everything is accurately filled out, submit the completed NC OSC CAFR as per the guidelines provided by the North Carolina Office of the State Controller (OSC).

Who needs nc osc cafr and?

01
The NC OSC CAFR (Comprehensive Annual Financial Report) is typically needed by government organizations or entities that are required to report their financial activities and position to the North Carolina Office of the State Controller (OSC).
02
This includes state agencies, local governments such as cities and counties, public school systems, and other governmental entities operating in the state.
03
The purpose of the CAFR is to provide a comprehensive and detailed overview of an organization's financial activities, ensuring transparency and accountability.
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The NC OSC CAFR stands for North Carolina Office of the State Controller Comprehensive Annual Financial Report.
State agencies, local governments, and other entities in North Carolina are required to file the NC OSC CAFR.
The NC OSC CAFR can be filled out by following the guidelines provided by the North Carolina Office of the State Controller.
The purpose of the NC OSC CAFR is to provide a comprehensive overview of the financial activities of the state of North Carolina.
The NC OSC CAFR must include information on revenues, expenses, assets, liabilities, and other financial data.
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