25A - AGMT - WIA YOUTH FUNDS - Laserfiche WebLink

Home Browse Search

OCAPICA - YSPN FY 2014 -15 XIII. PRIOR OUTCOMES COMMON MEASURES (projected) 2013 Increased Literacy /Numeracy Skills 8 _ 8 = 100% Entered Employment or Post Secondary 11 :13 = 84.6% Attained Credential /Diploma /Certificate 6 =8 = 75% OCAPICA is in its first year operating a Santa Ana WIA contract. The above numbers are a projection of this program year's (2013 -2014) outcomes. XIV. FISCAL COMPETENCY A. OCAPICA's fiscal department has excellent experience in capturing and reporting fiscal data. OCAPICA utilizes Sage MIP Fund Accounting as its accounting software and provides weekly and monthly reports to the Executive Director, Program Directors, Board of Directors, and the Finance and Audit Committees of the Board. Monthly reports regarding payroll, A /R, and A /P, bank reconciliation, review of cost allocation plans, are conducted. B. See Attachment I - copy of the organization's procurement policies and procedures C. OCAPICA allocates costs to grants, and contracts on the basis of use or benefit they derive from the expenditures and established cost centers to track cost incurred. The agency complies with all GAAP and cost principles of OMB Circulars A -110 and A -122 as well as has an annual A -133 Single Audit conducted by an outside auditor. OCAPICA's annual audit is disseminated to board members, funders, and posted on GuideStar for general public viewing. Monthly reviews of budget and allowable costs are conducted. The Board's Finance Committee meets monthly to review all budget, expense, revenue, cash management, reconciliation, and other reports. All financial reports are provided to the entire Board of Directors for review. OCAPICA also ensure separation of duties in relation to fiscal accountability and oversight. OCAPICA communicates regularly with all funders, providing all policies and procedures, all financial back -up, providing our annual audit, and going through annual audits from the County. OCAPICA has had no findings in our audits. D. OCAPICA prepares invoicing in a manner and format consistent with the funding source requirements on a monthly basis. If the funding source does not have specific invoicing requirements, a billing is prepared that indicates the services and the period during which services were provided, the unit cost of the service if applicable, and the total amount being billed. If the funding agreement is a cost reimbursement, the billing indicates the expenses EXHIBIT A 25A -39