Accurate, complete, and timely processing of internal accounting transactions is important for supporting reliable financial reporting, complying with Federal and other regulatory requirements, and minimizing correcting transactions. This policy was established to:
- Clarify the definition of various non-cash related financial transactions entered into the University’s general ledger (PRISM);
- Comply with Generally Accepted Accounting Principles; and
- Comply with Federal and other governmental regulations.
Procedure(s) and Supporting Documents
Please refer to the policy and/or the policy contact for any accompanying procedures, supporting documents, and/or forms.