Financial and Business Services is pleased to announce two training opportunities that were recently added to the roster.  Internal Controls workshop will be held on November 10, from 2:00 – 3:30 p.m.  This workshop is intended for business officers who are responsible for implementing internal controls in their areas and want to learn more about what contributes to an effective control environment.  Endowments 101 will be held on November 17, from 2:00 – 4:00 p.m.  This workshop is intended for business officers and development professionals who would like to know more about endowments, endowment accounting, and current issues related to endowments.  An optional mini-session will follow for those interested in learning more about how to project endowment distribution income.  For information and registration, please go to the following website: 

http://fbs.admin.utah.edu/index.php/training/

Also, for your information, mini-workshops (we’re calling them “roadshows”) on both topics (internal controls and endowments) are available on-demand and are geared toward academic administrators such as deans, chairs, and faculty.  These can be requested by contacting Theresa Ashman.

The ending quarter endowment pool unit market value for June 30, 2008, is $208.16 per unit.  This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FBS News.  All other factors in the instructions remain the same through the calendar year.  For detailed instructions on how to project endowment income, please refer to an earlier posting at: http://fbs.admin.utah.edu/index.php/2008/02/12/endowment-projections/.

Two new FORMS pages have been added to the FBS web presence.  This will enable visitors to have access to all the FBS forms in one place.  The forms are sorted alphabetically and by department.  A FORMS link on the top row of the FBS website has been added.  This will make it easy to find the form you need especially if you are not sure which department to look in for that form.  This is similar to the FORMS pages in the FBS pagelet in CIS.  On September 15, 2008, the FORMS links on the FBS pagelet will be changed to direct users to the new FBS FORMS pages.

The ending quarter endowment pool unit market value for March 31, 2008, is $211.56 per unit.  This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FBS News.  All other factors in the instructions remain the same through the calendar year.  For detailed instructions on how to project endowment income, please refer to an earlier posting at: http://fbs.admin.utah.edu/index.php/2008/02/12/endowment-projections/.