Some of the purposes of this Uniform Accounting Manual for the public junior colleges in Illinois are to provide the following: (1) guidelines for establishing a sound financial accounting system; (2) information on policies, procedures, and forms necessary to meet legal requirements of the State of Illinois for the public junior colleges; (3) a system for the development of uniform and comparable financial data on junior college operations; (4) accurate and timely financial information for all levels of management to serve as a basis for management decisions; (5) uniform terminology and classification of accounts; and (6) a base for cost accounting that will facilitate the preparation of the Unit Cost Study. The chapters of the manual are as follows: I. Philosophies and Objectives, II. Legal Basis and Related Fiscal Policy, III. Account Descriptions, IV. Chart of Accounts, V. The Budget, VI. Internal Control, and VII. External Independent Audit. Appendixes provide the Legal Basis, Definition of Terms, Financial Statements, and External Audits. (DB)