Year End Questionnaire - Wyoming State Auditor's Office

To improve the ACFR preparation process for the State of Wyoming, the SAO has developed a questionnaire to learn more about some of the topics that can impact financial reporting. The questionnaire is designed to capture information around events, transactions and changes at each organization to ensure the necessary information has been collected in order to produce the ACFR in accordance with the appropriate accounting standards.

Please keep in mind as you read the questions that your answers are regarding YOUR agency and for the period of 7/1 through 6/30.

If you have any questions regarding any portion of this questionnaire, please let SAO Accounting Division know and either we or the external auditors will attempt to address your concerns.

Should you have no further questions, please complete the questionnaire. When you click submit, your answers are returned electronically to the SAO Accounting Division.

This questionnaire needs to be completed AFTER September 1st and returned to the SAO Accounting Division by September 30th.

Agency*

Prepared by:*

Phone*

Email*

This email address is used to send confirmation notice that we received the form.

Has your organization entered into any agreements with other organizations (including other States), under which your organization may expend funds to purchase a contract or capital asset (including Software) that either your organization or the State of Wyoming may not ultimately own?

Yes
No

If yes, please explain:

To organizations included in the State reporting entity, related party transactions would be those that have taken place between a reporting organization and its elected or appointed officials, management, or members of their immediate families. Transactions within the State reporting entity (e.g., between State agencies) are not required to be called out as related party transactions and do not need to be included in responses to this question. It is important to consider transactions that may not have been recorded as an accounting transaction, such as services received without charge. In particular, (regardless of whether accounting transactions have been recorded or not) consider any transactions such as: a. Borrowing or lending on an interest-free basis or at a rate of interest significantly above or below market rates prevailing at the time of the transaction b. Selling real estate at a price that differs significantly from its appraised value. c. Exchanging property for similar property in a non-monetary transaction. d. Making loans with no scheduled terms for when or how the loans will be repaid.

Yes
No

If yes, please explain:

Has your organization, as lessor, leased facilities or land to parties outside the state reporting entity under leases accounted for as operating leases?

Yes
No

If yes, please explain:

The following section applies to items that are NOT RECORDED IN WOLFS AS OF JUNE 30.

Have receivables due from non-governmental sources.*

Yes
No

Have receivables from other State agencies.*

Yes
No

Have receivables due from the federal government that are not recorded in WOLFS and/or reported on you agency's SEFA.*

Yes
No

Expected to owe money to other governmental agencies that are not recorded as liabilities (i.e. cities, towns, counties).*

Yes
No

Receive advance payments from customers that must be accounted for before services are rendered.*

Yes
No

Have liabilities to external third parties (excluding open PO's).*

Yes
No

Collect fees for services rendered.*

Yes
No

Collected penalties and interest from taxpayers and customers.*

Yes
No

Have revenues and/or expenditures/expenses that are considered non-monetary transactions which are not recorded in the general ledger (which are typically reported in the SEFA)? Examples include food stamps, donated commodities, in-kind matching, etc.*

Yes
No

Have revenues and/or expenditures from the federal government.*

Yes
No

If yes to any of the above, please explain:

Contingent Liabilities

Are you aware of any event meeting the definition and recognition criteria of a contingent liability for your organization? Possible contingent liabilities include, but are not limited to the following:

(Note: For any "Yes" responses, please provide an estimate of the contingent liability.) Mark only one oval per row.

Claims (exclude claims addressed by the Attorney General's office)*

Yes
No

Judgements (exclude judgments addressed by the Attorney General's office)*

Yes
No

Retained Risks*

Yes
No

Federal audit dis allowances for reimbursed expenditures*

Yes
No

Loan guarantees*

Yes
No

Treaty rights issues*

Yes
No

Income tax and sales tax disputes*

Yes
No

State liability from landfill use*

Yes
No

Hazardous waste disposal*

Yes
No

Workers Compensation*

Yes
No

Liability claims for property and bodily damages to third parties*

Yes
No

Other*

Yes
No

If yes to any of the above, please explain: