Sec.17a-306-22. Scope and organization

The general organization of the Manual of Fiscal Policies is as follows:

(a) Section 17a-306-20 Introduction—provides a description of the purpose of the Manual of Fiscal Policies.

(b) Section 17a-306-21 Definitions—provides a glossary of words and phrases found in this Manual of Fiscal Policies which require clarification and/or definition.

(c) Section 17a-306-22 Scope and Organization—provides a list and short description of the individual sections of the Manual of Fiscal Policies.

(d) Section 17a-306-23 Principles and Standards for Financial Management and Accounting—sets forth the standards and principles for the organization of an area agency on aging's accounting and accounting system.

(e) Section 17a-306-24 Program Management—describes those policy statements contained in the overall Manual of Fiscal Policies pertaining to fiscal management, plus a clarification.

(f) Section 17a-306-25 Conflict of Interest/Code of Conduct—to protect all personnel and safeguard the assets of agencies in the Connecticut aging network, presents a code of conduct to serve as a guide for area agencies on aging to adopt for procurement matters.

(g) Section 17a-306-26 Personnel Policies—sets forth those fiscal related policies pertaining to personnel, fringe benefits and travel reimbursement.

(h) Section 17a-306-27 Property Control—presents rules over the definition, inventory and disposition of equipment, furnishings and property.

(i) Section 17a-306-28 Procurement Practices and Contracting—spells out the elements of a process for the competitive award of contracts and grants as well as the essential policies under such a process.

(j) Section 17a-306-29 General Program Income—sets forth the Connecticut Department on Aging's fiscal policies on the definition, treatment and use of program income and interest earned.

(k) Section 17a-306-30 Bank Balances and Check-Handling Procedures—reviews the Connecticut Department on Aging's rules on how to request, safeguard and handle cash to comply with the U.S. Government's rules in Treasury Circular 1075.

(l) Section 17a-306-31 Financial Reporting—specifies the Connecticut Department on Aging's rules on the kind of reports to be submitted and their due dates. The fiduciary responsibility of the report signer is precisely defined.

(m) Section 17a-306-32 Substantiation of Costs and Allowable Costs—integrates the various Office of Management and Budget (OMB) Circulars that describe the cost principles in the allowability, allocability and reasonableness of costs and credits.

(n) Section 17a-306-33 Cost Allocation Plan—authorizes area agencies on aging to directly allocate their indirect cost and describes how to accomplish this.

(o) Section 17a-306-34 In-Kind Costs—presents a discussion on the types of allowable in-kind costs and how to account for them.

(p) Section 17a-306-35 Line-Item Approvals—sets forth the Connecticut Department on Aging's rules on the control of expenditures against the approved budget.

(q) Section 17a-306-36 Fiscal Assessment of Area Agencies on Aging and Subgrantees—presents the role of the Connecticut Department on Aging and the responsibility of area agencies on aging in the fiscal assessment of area agencies on aging and their subgrantees.

(r) Section 17a-306-37 Carry-Over Balance Policies—describes the Connecticut Department on Aging's requirements for reauthorization of carry-over balances and the timing of spending of prior year's funds.

(s) Section 17a-306-38 Audits—presents the Connecticut Department on Aging's policy to upgrade the quality of audits in the Connecticut aging network by implementing the Single Audit as outlined in OMB Circular A-128, or A-133.

(t) Section 17a-306-39 Close-Out Procedures—describes the right of the Connecticut Department on Aging to suspend, terminate or close out grants and the handling of all assets and records.

(u) Section 17a-306-40 Miscellaneous—covers those important topics of insurance, release of information and privacy-act applicability not covered elsewhere in the Manual of Fiscal Policies.

(v) Section 17a-306-41 through 17a-306-44 Reserved

(w) Section 17a-306-45 Index

(Effective November 8, 1991)