HomeMy WebLinkAbout33-17 - Res. Changing Mason County's Financial Reporting to Cash BasisResolution 32:J ~ l l
A RESOLUTION CHANGING MASON COUNTY'S FINANCIAL REPORTING TO CASH BASIS
WHEREAS, under the authority of RCW 43.09.200, the Washington State Auditor's Office allows local
governments the option to report on either a GAAP (generally accepted accounting principles) or cash
basis;
WHEREAS, Chapter 4.1.7.30 of the BARS (Budgeting , Accounting, and Reporting system) manual states
the design of a government's accounting system and controls for financial reporting is a management
decision, including the selection of the basis of reporting ;
WHEREAS, the Washington State Auditor's office is in agreement Mason County change its financial
reporting to cash basis;
WHEREAS, the Mason County Audit Comm,ittee has considered the issues related to changing to a cash
basis and recommends Mason County change its financial reporting to a cash basis effective January 1,
2017;
NOW, THEREFORE BE IT RESOLVED, the Mason County Board of Commissioner d irects Mason County's
financial reporting to be changed from a GAAP basis to a cash basis for all Mason County Departments
and Offices effective January 1, 2017.
Passed this 27 th day of June, 2017.
BOARD OF COUNTY COMMISSIONERS
ATTEST: MASON COUN ASHINGTON
APPROVED AS TO FORM: ~j~::s=-z
Chief Deputy Prosecuting Attorney
C: All Departments/Offices
C: \Users\timw\AppData \Local\ Temp\XPgrpwise\Cash Resolution .doc x