1	Dean/Chair Orientation Financial Management Presentation
2	Introduction Define the shared roles and responsibilities of fiscal responsibility. Stress this important fact - Financial management starts with acquisition but ultimately ends only with the disposal of the capital asset or the consumption of the consumable.
3	Agenda Your Fiscal Responsibilities Remember the 4 A’s Advance the Mission of the University Authorize the expenditures Appropriateness – Stewards of the taxpayers’ money Account Statements – Your summary review
4	Mike’s Overview COMPLIANCE – this year’s theme goal. Specific Areas of Compliance: Federal sponsored projects BOC and University policies and procedures
5	Federal sponsored projects compliance We have had two on-site audits by the feds in the last year. A-21 audit Importance of space inventory (FZAROOM form) Preparing for the $25MM federal research threshold Federal property audit Draft policy that needs to be applied
6	University Policies and Procedures Purchasing Signature limits Procurement cards Requisitions and bids Property management Acquisition - Tagging – Transfers - Disposal
7	Summary As a Financial Manager you are responsible for your account balances. Good financial management extends past the acquisition function all the way through the disposal function. Compliance with the Board of Control Policies, University policies and federal regulations is everyone’s responsibility!
8	Where to Get More Information Other training sessions Example – Discoverer, our new reporting tool Accounting Services’ web site Contact your friendly, courteous and helpful Accounting Services staff.