3.1.4lp Accounting System

Approved: April 2006
Reviewed: February 2015, March 2024
Owner: Vice President of Administrative Services
References: SBTCSG Policy 3.1.4; Georgia Accounting Policy Manual

Lanier Technical College shall use an accounting system supported by the State of Georgia. The financial statements produced by the system shall be the official financial records of the college. Entries into the accounting system may be summary level transactions that are supported by various subsidiary ledgers and reports.

Lanier Technical College shall process its accounting transactions in accordance with the State Accounting Office and the Department of Audits and Accounts rules and regulations and Generally Accepted Accounting Principles (GAAP).