Reporting Requirements for Annual Financial Reports of State Agencies and Universities
General Accounting
Loan Programs
Cash Flow Information
Categorizing program loans as enterprise funds requires the preparation of a statement of cash flows. The statement of cash flows provides information on cash receipts and cash payments. Loan processing procedures dictate the appropriate administrative module, accounts payable or billing and receivable that must track and report the loan for purposes of the direct method statement of cash flows.
Note: Some loan programs may require specific outside reporting needs. For example, outside cash flow reporting may be necessary for bond-financed loan programs.