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The Office of Accounting provides accounting and financial services to all the Bureaus of the Department of Public Works (Bureau of Contract Administration, Bureau of Engineering, Bureau of Sanitation, Bureau of Street Lighting, Bureau of Street Services) and the Board of Public Works. It provides financial reporting support to the Department, City Controller, the City Administrative Officer, Office of Finance and other City Departments. The Office accounts for all financial transactions, accumulates and records project and program costs, bills and collects revenue from the public and governmental agencies for City services; bills and collects reimbursements from federal, state and local grantor agencies and bond funds that finance City capital projects; assures expenditures are in compliance within appropriation and budgetary constraints; processes payments to vendors, contractors and suppliers; prepares financial reports and statements for Department special program and capital funds; implements business systems and ad hoc financial reporting systems; and is responsible for maintaining the financial integrity of accounting records. The Office is responsible for ensuring that the Department is in compliance with internal control policies (ICP), generally accepted accounting principles (GAAP) and standards (GAAS), applicable pronouncements established by Governmental Accounting Standards Board (GASB) and by Financial Accounting Standards Board (FASB). The Office acts as the Department’s main coordinator and conduit with the City’s internal auditors, other governmental agencies’ auditors, and the City’s contracted independent Certified Public Accountant (CPA).
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