OUS Fiscal Policy Manual
Policies Pending Review and Comment
Proposed changes to the Banner FIS Chart of Accounts are available for viewing on the Accounting & Reporting section of the Controller's Division web pages.
ACCOUNTING & FINANCIAL REPORTING
05.002 OUS Financial Reporting Entity and Basis of Accounting
02/12/10 - The purpose of the policy is to document the definition of the OUS financial reporting entity and the basis of accounting. The policy is intended to clarify which organizations make up the OUS financial reporting entity and the accounting basis used by OUS for recognizing receipts and disbursements as revenue and expense.
The policy carries forward to the OUS financial statements and will be elaborated as needed to document conclusions on the financial reporting entity and basis of accounting issues that come up.
Please send policy recommendations to Paul Bartlett (Paul_Bartlett@ous.edu) by Friday, February 26, 2010, via a coordinated campus response through the director of Business Affairs. This draft proposal was announced via e-mail on February 12, 2010, to the directors of Business Affairs.
GENERAL OPERATIONS
56.250 House Bill 2500 Reporting
03/09/10 - This new draft policy details the responsibilities of the universities and the Chancellor's Office to comply with House Bill 2500.
Please send policy recommendations to Rita Brown (Rita_Brown@ous.edu) by Tuesday, March 23, 2010, via a coordinated campus response. This draft proposal was announced via e-mail on March 9, 2010, to Directors of Business Affairs, HR Directors, and AP Managers, copying Vice Presidents.
PROCUREMENT & CONTRACTING
70.200 Contractor Travel Reimbursements
02/02/10 - As a result of input received, further review and drafting of this policy is occurring.
01/05/10 - This new draft policy was announced via e-mail on January 5, 2010, to the directors of Business Affairs and purchasing managers.
70.300 Construction Subcontracting Data Collection
02/15/10 - The purpose of this policy is to enhance reporting of Minority, Women Owned, Emerging Small Business, and Disabled Veteran participation in construction-related services and professional consultants contracting.
Please send policy recommendations to Rita Brown (Rita_Brown@ous.edu) by Monday, March 1, 2010, via a coordinated campus response. This draft proposal was announced via e-mail on February 15, 2010, to Facilities Directors, Purchasing Directors, and Directors of Business Affairs.
TRAVEL
95.100 Travel and Transportation Administration and Expenses
02/26/10 - This policy was drafted to combine the eight OUS travel policies into one, (FASOM 11.01, 11.02, 11.03, 11.04, 11.05, 11.06, 11.10, and 11.11), and to update the format from the old FASOM to the Fiscal Policy Manual. For the most part, no substantive changes were made. Any additional language (minimal), and one area where the language was moved to a different section (Non-commercial Lodging), is indicated in red. In a few instances, the title of a section was updated, which did not change the intent or interpretation of that section. References to the appendix were added throughout, the appendix being where all the rate information is located.
Please send policy recommendations to Rita Brown (Rita_Brown@ous.edu) by Friday, March 12, 2010, via a coordinated campus response. This draft proposal was announced via e-mail on February 26, 2010, to directors of Business Affairs and travel administrators.
Last Updated: 03/09/10
