University Accounting and Financial Reporting (UAFR) Marti Conrad Senior Coordinator University Property Accounting & Reporting Tim Parrish Financial Accounting & Reporting Analyst University Accounting Services OFFICE OF BUSINESS AND FINANCIAL SERVICES – UNIVERSITY ACCOUNTING AND FINANCIAL REPORTING

University Accounting and Financial Reporting (UAFR) UAFR is a UI-wide organization that: Reports to Patrick Patterson, Controller and Senior Asst. Vice President for Business and Finance Develops accounting policy to support operational needs, ensure accurate financial reporting and meet regulatory requirements Provides service and training Performs a variety of back office functions to keep the University’s accounting infrastructure/systems in order Consolidates accounting information for external reporting requirements Coordinates the annual financial audit OFFICE OF BUSINESS AND FINANCIAL SERVICES – UNIVERSITY ACCOUNTING AND FINANCIAL REPORTING

The UAFR Organization Accounting Services - Accounting operations and policies, Data retrieval and integrity, Manage Banner General Ledger, & Reconciliations Consulting - Specialized support upon unit request Education and Information Services -Training for accounting related topics and Standard Reports (EDDIE, Document Direct, My-UI-Financials) Financial Reporting and Administrative Accounting – External Financial reporting, Reconciliations, Investments, Debt Equipment – Manage Fixed Asset Systems, Surplus Warehouse OFFICE OF BUSINESS AND FINANCIAL SERVICES – UNIVERSITY ACCOUNTING AND FINANCIAL REPORTING

How can UAFR help you? New or Unusual Accounting Transaction(s) Specialized Training Fixed Assets (Equipment) & Surplus Questions Consulting Engagements FOAP Segment-Related Questions Accounting Policies or Procedures Questions OFFICE OF BUSINESS AND FINANCIAL SERVICES – UNIVERSITY ACCOUNTING AND FINANCIAL REPORTING

UAFR needs help from you New Accounting Policies and Procedures Self-Supporting or Gift Funds Activity Reviews Cross-FOAPAL Errors or Suspended JV’s New Equipment Acquisitions UI-Wide Data Analysis Audit-Related Questions or Concerns Regulatory-Required Financial Reporting Other Examples? OFFICE OF BUSINESS AND FINANCIAL SERVICES – UNIVERSITY ACCOUNTING AND FINANCIAL REPORTING

How to contact UAFR The OBFS website – Accounting & Financial Reporting “Who To Ask” section https://www.obfs.uillinois.edu/accounting-financial-reporting/who-to-ask/ FAQ page - https://www.obfs.uillinois.edu/accounting-financial-reporting/faqs/ Equipment Management https://www.obfs.uillinois.edu/equipment-management/ Call/email any member of the UAFR team Office general phone number: 217-333-4568 OFFICE OF BUSINESS AND FINANCIAL SERVICES – UNIVERSITY ACCOUNTING AND FINANCIAL REPORTING

UAFR Any Questions? OFFICE OF BUSINESS AND FINANCIAL SERVICES – UNIVERSITY ACCOUNTING AND FINANCIAL REPORTING