The BPAG minutes from the May 12, 2023 BPAG meeting are now available on the Financial Services Technology Support website.
To learn more about BPAG, click here.
The most recent accounting month is now closed. Your Management Reports are complete and ready for your review. For most departments/units, review and approval should follow the steps outlined in this memo. Some departments/units have alternate procedures in place to accomplish review and approval. Check with your unit’s accountant and/or the liaison listed at the bottom of your Management Report if you have questions about review and approval.
TO MAKE CHANGES, correct errors, etc.: Contact your departmental administrator as soon as possible (e.g. to prevent delay in posting your changes, please do not wait for the PAR forms).
MARK the Projects/Activities you have reviewed. (This does not necessarily indicate the transactions are correct, only that you reviewed them). There are only two approved methods to indicate Evidence of Review, and both are completed using the EOR web application
Either action leaves a data indicator that review is complete. Signed review PDFs should be retained in your files for as long as you retain other Management Report documentation.
A new Guideline has been published to offer clarification to Policy 3-003: Authorizations and Approvals Required for Financial Transactions.
This Guideline is meant to improve internal controls across campus as it outlines:
Review and approval of these monthly reports is a key element in the University’s system of internal controls, and is further explained in University Policy 3-003, Authorizations and Approvals Required for Financial Transactions. – See Section III.F.
Please help us by providing feedback by clicking here.
The most recent accounting month is now closed. Your Management Reports are complete and ready for your review. For most departments/units, review and approval should follow the steps outlined in this memo. Some departments/units have alternate procedures in place to accomplish review and approval. Check with your unit’s accountant and/or the liaison listed at the bottom of your Management Report if you have questions about review and approval.
TO MAKE CHANGES, correct errors, etc.: Contact your departmental administrator as soon as possible (e.g. to prevent delay in posting your changes, please do not wait for the PAR forms).
MARK the Projects/Activities you have reviewed. (This does not necessarily indicate the transactions are correct, only that you reviewed them). There are only two approved methods to indicate Evidence of Review, and both are completed using the EOR web application
Either action leaves a data indicator that review is complete. Signed review PDFs should be retained in your files for as long as you retain other Management Report documentation.
A new Guideline has been published to offer clarification to Policy 3-003: Authorizations and Approvals Required for Financial Transactions.
This Guideline is meant to improve internal controls across campus as it outlines:
Review and approval of these monthly reports is a key element in the University’s system of internal controls, and is further explained in University Policy 3-003, Authorizations and Approvals Required for Financial Transactions. – See Section III.F.
Please help us by providing feedback by clicking here.
Per GASB 96 effective for fiscal year 2023 we must identify and start reporting on any subscription based IT arrangements (SBITA). This is retroactive, meaning we have to not only do this for any new agreements we enter into, but we must identify and report on any existing agreements that meet the definition of a SBITA. The university is taking a two pronged approach to this new requirement. For any new agreements, starting on or after 3/15/2023, the Controller’s office will be notified of potential SBITA’s by Purchasing/Contracts. For any existing agreements we need the departments across campus to help us identify them. The Controller’s office has created a Power Point presentation as well as a decision tree to help departments determine if an agreement for use of a vendor’s software potentially meets the definition of a SBITA. If it does, the Controller’s Office has also created a Potential SBITAs Reporting Form, that we are requesting the departments fill out and send to Wei Hsiung. Please use the date 7/1/2023 as you are determining dollar amounts and subscription term (length left on agreement).
If you have any questions you can reach out to Wei Hsiung or Steven Phillips whose contact information is available in the slides.
The BPAG minutes from the March 10, 2023 BPAG meeting are now available on the Financial Services Technology Support website.
To learn more about BPAG, click here.
The most recent accounting month is now closed. Your Management Reports are complete and ready for your review. For most departments/units, review and approval should follow the steps outlined in this memo. Some departments/units have alternate procedures in place to accomplish review and approval. Check with your unit’s accountant and/or the liaison listed at the bottom of your Management Report if you have questions about review and approval.
TO MAKE CHANGES, correct errors, etc.: Contact your departmental administrator as soon as possible (e.g. to prevent delay in posting your changes, please do not wait for the PAR forms).
MARK the Projects/Activities you have reviewed. (This does not necessarily indicate the transactions are correct, only that you reviewed them). There are only two approved methods to indicate Evidence of Review, and both are completed using the EOR web application
Either action leaves a data indicator that review is complete. Signed review PDFs should be retained in your files for as long as you retain other Management Report documentation.
A new Guideline has been published to offer clarification to Policy 3-003: Authorizations and Approvals Required for Financial Transactions.
This Guideline is meant to improve internal controls across campus as it outlines:
Review and approval of these monthly reports is a key element in the University’s system of internal controls, and is further explained in University Policy 3-003, Authorizations and Approvals Required for Financial Transactions. – See Section III.F.
Please help us by providing feedback by clicking here.
The BPAG minutes from the February 10, 2023 BPAG meeting are now available on the Financial Services Technology Support website.
To learn more about BPAG, click here.
The most recent accounting month is now closed. Your Management Reports are complete and ready for your review. For most departments/units, review and approval should follow the steps outlined in this memo. Some departments/units have alternate procedures in place to accomplish review and approval. Check with your unit’s accountant and/or the liaison listed at the bottom of your Management Report if you have questions about review and approval.
TO MAKE CHANGES, correct errors, etc.: Contact your departmental administrator as soon as possible (e.g. to prevent delay in posting your changes, please do not wait for the PAR forms).
MARK the Projects/Activities you have reviewed. (This does not necessarily indicate the transactions are correct, only that you reviewed them). There are only two approved methods to indicate Evidence of Review, and both are completed using the EOR web application
Either action leaves a data indicator that review is complete. Signed review PDFs should be retained in your files for as long as you retain other Management Report documentation.
A new Guideline has been published to offer clarification to Policy 3-003: Authorizations and Approvals Required for Financial Transactions.
This Guideline is meant to improve internal controls across campus as it outlines:
Review and approval of these monthly reports is a key element in the University’s system of internal controls, and is further explained in University Policy 3-003, Authorizations and Approvals Required for Financial Transactions. – See Section III.F.
Please help us by providing feedback by clicking here.
Hedy Hu is retiring from her position as the Grants Accounting Officer, Compliance Oversight and Reporting after over 18 years of working for at the University of Utah. During her time in University of Utah she worked at the Huntsman Mental health institute and before that she was working for the Campus Store.
Her time before joining the University of Utah was at BL Anderson Inc in Iowa, Xerox Engineering System Inc in New York and at Legg Mason Inc Global Asset management in Maryland.
Her plans after retirement will be dedicated to visit her family including her dad who lives in Canada, trips to Arizona and California to visit her two sons. Organize big family travels, reconnect with old friends, travel around the world to learn different cultures and meet new people. Lots and lots of gardening, visit Red Butte Garden and Natural History Museum of Utah, watch Netflix series, movies & documentaries and finally create new cooking inventions!
Please join us in thanking her for her time and work at the University of Utah and wish her a good luck in her new upcoming adventures….
Place: Park Building, Fourth Floor, Room 404
Date: Feb 21st 2023
Time: 11:00 am – 1:00pm
*Light Refreshments will be provided
The BPAG minutes from the January 13, 2023 BPAG meeting are now available on the Financial Services Technology Support website.
To learn more about BPAG, click here.
