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