PENDING UPDATE

Financial Policies and Procedures for Head Start Programs!

This is even more than “Policies On Diskette for fiscal.” It provides complete real-life policies and procedures based on the system we created for a large Head Start sponsor. Use of this system assures fiscal accountability; it was approved by their auditors. So this supplements the Head Start materials and goes beyond them.  Printed Manual, and a CD-Rom that has the Manual and many other materials on it. By Teresa Wickstrom. Updated April, 2011. $249.

The number of fiscal requirements keep increasing and the penalties for non-compliance get more severe. Now you can get a "financial toolkit" that will enable you to (a) check your policies, systems and procedures against existing regulations, (b) review the new draft Financial Policy and Procedures Manual for an agency or for a Head Start program, and (c) import sections of these draft manual to either fill holes in your system or to update your existing policies and practices.
The key element of this new toolkit is the draft "Financial Policies and Procedures Manual." This manual provides a system for ALL of the fiscal requirements on a Head Start program. (The manual can be either for an entire sponsor agency or for a Head Start program.) When completed and approved, it will become the official document of your agency or program for the conduct of financial business and administration for grants and sub-grants with the Federal government and other funding sources. We are assuming that it is the intention of your agency that practices and policies comply with all applicable Federal, state, and local regulations, including OMB Circulars A-110, A-122, A-133, 45 CFR Part 74, 45 CFR Part 92, and others.

The draft Manual was developed to formalize and codify a sponsor agency’s fiscal, financial, and accounting practices. The implementation and enforcement of these policies is essential to safeguarding the agency’s assets. Employees will be expected to follow these policies and practices.

Other items in the toolkit include:
 * Fifty excellent drafts of financial management policies, referenced to the regulations.
 * Head Start performance standards related to fiscal: 45 CFR Part 74 and 45 CFR Part 92.
 * PRISM questions related to fiscal topics.
 * OMB circulars: A-110, A-122, A-127, and A-133.
 * Information about the Financial Management Series/ Evaluating the Financial Management System, published by the Community Action Partnership.

Although we are providing you with a comprehensive draft of a Financial Policies and Procedures Manual, we recommend – like with Policies on Diskette – that you take any proposed new policies and procedures through your local review and approval process. You may also want to check proposed financial policies with your auditor.
This is a HOT new product. Order yours today by clicking this link, or FAX or mail or e-mail us your request.

Compare:  WHY YOU NEED BOTH the Fiscal Assistant (by the Head Start Bureau) and the Fiscal Kit (by the Center for Community Futures):