In Indiana, entities are required to file an Annual Report with the State Board of Accounts, a process facilitated through Form E-1, otherwise known as the Entity Annual Report. This document plays a critical role in determining the audit requirements for organizations as mandated by IC 5-11-1-9. Entities must submit this report within thirty days following the end of their fiscal year. The State Board of Accounts, located at 302 West Washington Street in Indianapolis, provides instructions to aid in the completion of this form. Essential details such as the legal name, type of organization, and financial information regarding government funds received and disbursed throughout the year are required fields on the form. Additionally, entities are prompted to declare the basis (cash or accrual) on which the report is prepared. The form serves multiple purposes, including certification that the information provided is accurate and detailed reporting of government funds received. Entities must also describe their organizational structure, purpose, and indicate whether they have previously been audited by an Independent Public Accountant. This comprehensive form ensures entities maintain transparency about their financial dealings and organizational structure, adhering to state regulations.
| Question | Answer |
|---|---|
| Form Name | Entity Annual Report Form Indiana |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | disbursements, accrual, WASHINGTON, E-1 |