Your Fiscal Responsibilities
- 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.
- 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.
- A good rule of thumb is to always consider the appropriateness of the expenditure. Should the expense be paid from public funds?
- 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.