Editorial Changes to PPM 3-7 – Please Review

Financial & Business Services has made editorial changes to PPM 3-7, Authorizations and Approvals Required for Financial Transactions.

We have made changes to the language of the policy to better reflect procedures of electronic approval and delegation that are beginning to emerge, such as the recent implementation of ePAF. The changes clarify concepts and responsibilities of delegation, strengthen some statements to minimize financial risk to the University and update terminology. We encourage departments to review PPM 3-7, as it reads today, and carefully consider procedures of signature authority and delegation.