What are the frequently asked questions about SFC authorisation?
What are the frequently asked questions about SFC authorisation?
Frequently Asked Questions on Post Authorization Compliance Issues of SFC-authorized Unit Trusts and Mutual Funds This FAQ is prepared by the Investment Products Division and aims to provide basic information to market practitioners concerning the post authorization compliance issues of SFC-authorized unit trusts and mutual funds.
What’s the difference between a change request and executive approval?
Whereas a change request that would require a month’s worth of additional work may require executive approval. If the change request is approved then the project deliverables will need to be updated.
How does a change request affect the budget?
They usually have minimal impact on the budget or the rest of the team. On the other hand, change requests that are outside the scope take a considerable amount of time to implement and have a more sizeable impact on the budget.However, a change request is often inevitable and should be expected at some point in any project.
What do you need to know about change request?
Whereas a change request that would require a month’s worth of additional work may require executive approval. If the change request is approved then the project deliverables will need to be updated. This can include plans and schedules, business process documents, and the requirements documents.
Where can I find the WA fund reference manual?
In addition, this manual is a supplement to Chapter 75: Uniform Chart of Accounts in the State Administrative & Accounting Manual (SAAM). Questions regarding the manual should be emailed to the Office of Financial Management, Accounting Division: [email protected]
What is the purpose of a fund reference manual?
The Fund Reference Manual represents a complete inventory of all legally authorized accounts for use by state agencies. There is also a section containing inactive accounts that have been eliminated by either legislation or administrative action. This manual is updated as the data changes by virtue of legislation or administrative action.
What do you need for a funds authorization?
(1) A narrative providing a detailed description of the work performed or to be performed; (2) Copies of paid invoices if the withdrawal request is for reimbursement for work that has been performed; (3) If a bid exceeds $25,000 than copies of bids may required.
Is the state administrative and Accounting Manual updated?
This manual is updated as the data changes by virtue of legislation or administrative action. In addition, this manual is a supplement to Chapter 75: Uniform Chart of Accounts in the State Administrative & Accounting Manual (SAAM).