Your Fiscal Responsibilities

  1. Every university employee has a responsibility to ensure that university and research funds are used to advance the mission of the university and the academic needs of the students.
  2. Individuals have the responsibility of ensuring that all authorizations or expenditures comply with university expenditure policies as well as with any sponsoring agency or donor restrictions and applicable policies.
  3. A good rule of thumb is to always consider the appropriateness of the expenditure. Should the expense be paid from public funds?
  4. Fiscal controls must include a system of supervisor checks and balances at all levels of the organization for all expenditures. Reviewing monthly account statements and payroll reports for accuracy is one example of a check and balance. The Financial Services and Operations Department and Sponsored Programs Accounting are always available for consultation.