Uniform Financial Accounting and Reporting Standards or better known as UFARS are the standards in which Minnesota school districts, charter schools, cooperative districts, and area learning centers must use for financial reporting.
cmERDC’s Administrative Solutions Team will provide you with the most up to date information regarding changes to reporting.
Annually cmERDC, in partnership with the other SMART Regions around the state, produce a year end accounting manual. As part of or UFARS support service you will have access to that manual. cmERDC will also assist you with submissions of your UFARS files. As well as answer any questions you might have regarding proper coding within the standards.