NCAS Goals and Objectives
The primary goals and objectives
of the NCAS are to:
-
Properly safeguard State assets
and to support management needs of both agency and central administrators;
-
Ensure that financial, accounting
and budgetary information is timely, consistent, fully integrated, easily
accessible, and accurate;
-
Ensure that comprehensive and
consistent Statewide accounting policies and procedures are developed,
documented, and maintained;
-
Provide full budgetary control
and reporting capabilities consistent with North Carolina General Statutes;
-
Provide full financial accounting
and reporting capabilities consistent with Generally Accepted Accounting
Principles (GAAP);
-
Maintain a current knowledge
of Governmental Accounting Standards Board (GASB) direction regarding proper
government accounting practices;
-
Provide NCAS accounting standards,
training, documentation, and communications network support to agency and
central management fiscal officers;
-
Provide a uniform chart of accounts
for use and reporting by all agencies;
-
Provide effective information
access that includes flexible reporting capabilities for agencies and central
administrators; and
-
Provide adequate security and
internal controls for the recording of proper and reliable financial information.