Budget & Fiscal News - June 2023
Updates
Sponsored project travel page is now live
The page includes valuable policies, procedures and robust FAQs to address many sponsored project travel scenarios.
Update on the sensitive expenditure report
We hope campus departments are finding the聽m-Fin sensitive expenditure report useful in monitoring potentially unallowable expenses on sponsored projects. Here are some upcoming updates to the report's functionality.
FAQs about business expense substantiation and tax implications
On January 1, the Office of University Controller issued a revised Business Expense Substantiation and Tax Implications Procedural Statement, which is now being implemented by the Procurement Service Center. Review some of the most frequently asked questions.
GASB 96 account codes for IT subscriptions
GASB 96 provided new accounting guidelines for subscription agreements to use a third party鈥檚 IT resource for a defined period of time. Read to find out which accounts to use when purchasing IT subscriptions.
Announcing Staff Changes
Find out about recent changes to the Budget and Finance team, including staff in the Office of Budget and Fiscal Planning and the Campus Controller's Office.