Chapter 6: Financial — General

Revised December 2011

6-100 Introduction

6-200 Expenditure Authority And Responsibility

• 6-210 The President
• 6-220 Chancellors And University Vice Presidents
• 6-230 Campus Departments
• 6-231 Budget Authority
• 6-232 Accounting Officers Authorization Of Extramural Funds
• 6-240 Signature Authorization

6-300 Expenditure Advance Based On Firm Commitment

• 6-310 Delegation Of Authority
• 6-320 Firm Commitment Requirement
• 6-330 Responsibility For Loss

6-400 Responsibility For Financial Management & Control Of Project Funds

• 6-410 Responsibility Attendant To Delegated Expenditure Authority
• 6-420 Summary Of Standards For Financial Management
• 6-430 Summary Of Financial Management Duties
• 6-440 Responsibilities Of The Principal Investigator
• 6-450 Responsibilities Of Department Chair (Or Equivalent Officers)
• 6-460 Responsibilities Of Campus Controllers

6-500 Allowability Of Costs

• 6-510 General Principles
• 6-520 Classification Of Direct And Indirect Costs
• 6-530 Federal Cost Principles
• 6-531 Reasonable Costs
• 6-532 Allocable Costs
• 6-533 Consistent Treatment Of Costs
• 6-534 Allowable Costs

6-600 Financing Agreements - Advance Payments

• 6-610 Policy
• 6-620 Negotiation Responsibility Of Contract & Grant Officers
• 6-630 Federal Sponsors
• 6-640 State Sponsors
• 6-650 Private Sponsors

6-700 Financial Reporting Requirements

• 6-710 Standards
• 6-720 Formats

6-999 Related University References

External Requirements—Federal

• 6-F01 2 CFR 220, OMB Circular No. A-21, "Cost Principles for EducationalInstitutions"
• 6-F02 2 CFR 215, OMB Circular No. A-110, 215.22(i)-(j), "Standards Governing Use of Banks"
• 6-F03 2 CFR 215, OMB Circular No. A-110, 215.24, "Program Income"
• 6-F04 2 CFR 215, OMB Circular No. A-110, 215.21, "Standards for Financial Management Systems"
• 6-F05 2 CFR 215, OMB Circular No. A-110,215.52, "Financial Reporting"
• 6-F06 2 CFR 215, OMB Circular No. A-110, 215.25, "Revisions of Budget and Program Plans"
• 6-F07 2 CFR 215, OMB Circular No. A-110, _215.22, "Payment"
• 6-F08 Federal Acquisition Regulation, Part 31 & Part 32

External Requirements—State

• 6-S01 State Administrative Manual 8099, "Cash, Maximization of Interest Earnings"
• 6-S02 State Administrative Manual 8758, "Charges for Inter-Agency Services"