Author Archives: Carl Larson

F & A Rates at the University of Utah – Important Information for Faculty, Researchers, and Administrators.

Posted March 21, 2016 in Cost Accounting and Analysis, Grants and Contracts Accounting and tagged .

New negotiated overhead (“F & A”) rates have been finalized with the federal government (for future fiscal years). These new rates will apply to NEW or new-continuation contracts / grants submitted for funding on or after July 1, 2016. You … Continue reading →

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Q2 FY 2016 Unit Market Value for Endowment Projections

Posted February 22, 2016 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for December 31, 2015, is $211.78 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FS News. All other factors in the instructions … Continue reading →

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NIH Salary Cap Increase

Posted February 3, 2016 in Compliance Oversight and Reporting and tagged .

The NIH salary cap has been increased by about 1 percent to $185,100 effective January 10, 2016. NIH ties the salary cap to the Federal pay scale for employees in “Executive Level II” positions. The new cap was part of … Continue reading →

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Sign up for Electronic W2

Posted December 15, 2015 in Payroll, Tax Services and tagged .

ATTENTION: Delivery change for 2015 W-2s and future years. If you do not consent to receive your W-2 electronically by January 14, 2016, then you will only receive a printed W-2 and you will NOT have access to an electronic … Continue reading →

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Q1 FY 2016 Unit Market Value for Endowment Projections

Posted November 23, 2015 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for September 30, 2015, is $211.21 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FS News. All other factors in the instructions … Continue reading →

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FY 2016 Work-Study Funding is Available for Eligible Students in Eligible Positions.

Posted November 18, 2015 in Financial Services and tagged .

Not all student positions are eligible for work-study funding. Please see the Employer Work-Study Handbook for a description of Eligible/Ineligible Positions. If you desire to hire a work-study student in an eligible position, please post the position through Human Resources … Continue reading →

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Q4 FY 2015 Unit Market Value for Endowment Projections

Posted September 2, 2015 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for June 30, 2015, is $219.32.00 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FS News. All other factors in the instructions … Continue reading →

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Work-Study Deadline 09/30/15

Posted September 1, 2015 in Payroll and tagged .

Work-Study funded students must be placed in their first fiscal-year job no later than 09/30/15. Departments intending to employ a work-study student for the 15/16 fiscal-year must submit their Job Referral Notice (JRN) requests no later than 09/30/15. Students without … Continue reading →

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Momentum Newsletter – Summer 2015

Posted July 28, 2015 in Financial Services and tagged , .

“The Summer 2015 issue of Momentum is here! We have a lot of exciting news to announce – Updates on Ushop! Letter from John Nixon UShop Lite On-Boarding Training Info Sustainability Internal Controls Fact or Fiction UShop Wasn’t built in … Continue reading →

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ePAR Processing for 4th Quarter – 2015

Posted July 8, 2015 in Cost Accounting and Analysis and tagged .

PAR’s for the 2015 – 4th quarter period are ready for processing in ePAR by Department Administrators responsible for PAR’s in their departments. You may follow this link to go to ePAR or log in to CIS and click on … Continue reading →

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