FN 11 Internal Accounting Transactions (formerly 05-06-08)


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.


Category: Financial
Section: Accounting and Financial Oversight
Effective Date: March 2016
Last Reviewed: March 2016
Responsible Unit:
Responsible Executive: Senior Vice Chancellor and Chief Financial Officer
Policy Contact:

Procedure(s) and Supporting Documents

Please refer to the policy and/or the policy contact for any accompanying procedures, supporting documents, and/or forms.