department is under the direct supervision of the Tribal Treasurer and
headed by the Chief Financial Officer. The duties include the
supervision and maintenance of the accounting records for all cash
receipts, cash disbursements, accounts payable, encumbrances, budgeting,
payroll and personnel records, property records, and other accounting
A fully integrated
computer based accounting system has been in place for several years. It
assists in the maintenance of cash receipts journals, cash disbursement
journals, general journals, the general ledger, trial balances, balance
sheets, statements of revenue and expenditures with budget controls, and
other financial reports.
computer based accounting system includes the general ledger, accounts
payable, encumbrances, and payroll, all vendor checks and payroll checks
are processed through the computer.
principles are followed, where each fund or grant is accounted for as a
separate entity with its own complete set of self-balancing accounts.
The Spirit Lake Tribe
has also implemented an adequate system of internal controls for cash
receipts, cash disbursements, adjustments and accruals, budgeting,
purchasing and accounts payable, payroll, and other related areas.