Council of Australian University Librarians (CAUL)

Accrual Accounting
CAUL Survey (SU 4/11/97)

Updated 1 June, 1998

Total summarised is 28.

QUESTION 1: Does your University operate on the accrual accounting system?

RESULTS: YES: 21
YES (Qualified): 5 (Four used accrual accounting for external or annual reporting but used cash flow accounting at the individual budget levels and for monthly or internal reporting. One used accrual for items over a certain value).
NO: 2

QUESTION 2: Are you required to observe the requirement that costs must relate to the year the service is provided by apportioning charges on invoices for journal subscriptions, etc.,between separate financial years? (e.g. an invoice for a subscription for $1000 for the period 1/10/97 to 30/9/98 has $250 charged to 1997 and $750 charged to 1998 funds.

RESULTS: YES: 8
YES (Qualified): 2 (One apportions charges according to year where majority of charges fall. One does dependent on the value of the charge.)
IN DISPUTE/BEING RECONSIDERED 3
NO: 11
NO (Qualified): 4

QUESTION 3: If your answer to #2 is No, has a specific exemption been made?

RESULTS: YES: 1
NO: 9
N/A: 18

Prepared by Ruth Slater, Acquisition Librarian, University of Adelaide (1 December 1997)


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