Finance Accounting

Time 2020-07-21 19:04:45

Web Name: Finance Accounting

WebSite: http://www.fa.ufl.edu

ID:30912

Keywords:

Finance,Accounting,

Description:

MissionFinance and Accounting maintains and supports the University s fiscal responsibilities through accurate accounting and financial compliance.  We provide oversight, assistance and training in financial stewardship for the campus community.VisionTo be the most knowledgeable and transformative Finance and Accounting Division in the nation.  Our culture of continuous improvement will enable our trusted professionals to set the standard for employee excellence and customer service.Right Results, Right Way We uphold the highest standards of accountability and integrity by honoring our commitments and taking pride in our work.Powered by Professionalism We use our knowledge, technical skills and communication for the benefit of the University of Florida. By valuing all backgrounds, we respect diverse ideas through active listening and showing compassion.Culture of Learning We value the development of our employees and are commitment to providing opportunities to learn and grow.Go the Extra Mile We commit to collaborating with customers and peers.  We never settle in anything we do, and we challenge our ideas of what is possible to better serve our customers.Challenge the Status Quo We embrace change as a catalyst for continuous improvement by seeking innovative opportunities to become more effective and efficient in all that we do.I hope you will find the information you need on these pages. Our intent is to provide this website as an information resource to the University community regarding contact information, policies, procedures, forms, financial information, helpful links, etc. If you need assistance please visit the Contacts section of this site for our staff’s contact information and we will be glad to help you.Alan M. WestAssistant Vice President and University Controller Office of the Controller 10 Articles Oversees all of the University’s departments under Finance and Accounting, with the goal of creating a strong fiscal environment for the University. Internal Controls and Quality Assurance 28 Articles Internal Controls and Quality Assurance is an independent and objective assurance and consulting function to perform periodic risk-based reviews of your department’s transactions and work with process owners across the University to achieve an effective internal control environment. Bursar 62 Articles The Bursar's Office assesses tuition and fees, bills students, collects amounts owed to the university, disburses financial aid, and processes refunds. Payroll Services 28 Articles Provides support for University of Florida staff navigating the payroll process and payroll tax laws.  This includes information for payments to foreign nationals or nonresident aliens, payroll distributions, payroll cost corrections, and emergency checks. Travel 29 Articles Information for employees and others who undertake travel on behalf of the University. Travel costs are to be allocated and expended within established budgetary limits and serve an official University purpose. Travelers are not to make commitments to travel or to incur travel expenses without first obtaining the necessary approvals. Disbursements 55 Articles Information about the guidelines for different expenditures, including which expenditures are allowed to be unencumbered.  Disbursements also manages the myUF Payment Solutions system and the invoice payment process. General Accounting and Financial Reporting 25 Articles Information about the different ChartFields used at UF.  This department is also responsible for maintaining the integrity of the University’s accounting records by reviewing the general ledger, processing journal entries, and performing monthly and year-end closing. Treasury Management 38 Articles Responsible for deposits, e-commerce and credit card operations, ACH/EFT and wires, cash and checks, human subject payments (HSP), change and petty cash funds and investments at the University. Asset Management 28 Articles Provides support services to the University community to facilitate the management and disposal of tangible personal property UF possesses. Construction Accounting 7 Articles Construction Accounting maintains accounting and budgetary records for all University of Florida fixed capital outlay construction projects in the myUFL system, serves as the liaison with the State of Florida Capital Programs Office and approves budget information and funding sources. Cost Analysis 47 Articles Information about effort certification, costing guidelines, the Facilities Administrative rate, space allocation.  Cost Analysis also completes specialized disclosures and reporting. Auxiliary Accounting / Educational Business Activities 51 Articles "Educational Business Activities" (EBAs) represent a number of revenue-generating activities, depending on the source of revenue and its relation to the educational process and its clients. EBAs encompass the following activities: Auxiliary Enterprise, Auxiliary Enterprise – Other, Recharge Center and Service Center. Tax Services 10 Articles Ensures compliance with various Federal and State tax laws, rules and regulations while providing support for University staff navigating these tax laws.Recent NewsUF Administrative Memo: Annual Fraud Awareness ReminderJun 2nd, 2020As UF employees, we are all responsible for safeguarding the University’s financial resources.  Every member of the University community has the responsibility to report any actions or activities of concern.UF Administrative Memo: Year End Information for 2020 Fiscal Year End ClosingMay 1st, 2020DATE: May 1, 2020 TO: UF Administrative Memo FROM: Alan M. West, Assistant Vice President and University Controller SUBJECT: Year End Information for 2020 Fiscal Year End Closing It is that time of year again to prepare for the annual closing of the fiscal year. The 2019-20 fiscal year ends on June 30, 2020 and [ ]Form W-4 changes coming in 2020Jan 2nd, 2020While the Internal Revenue Service (IRS) is not requiring all employees to complete the revised form, those employees hired in 2020 and anyone who makes withholding changes during 2020 will be required to use the new form.Get ready for tax season! Sign up now to receive your W-2 electronicallyJan 2nd, 2020Electronic W-2s for 2019 are expected to be generated by January 23, 2020 — more than a week earlier than printed W-2s.Foundation TransfersNov 5th, 2019A new process is available for departments wishing to move funds from the Foundation to the University, outside the normal monthly transfer.

TAGS:Finance Accounting 

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UF Finance & Accounting maintains and supports the University’s fiscal responsibilities through accurate accounting and financial compliance.

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