Business Affairs -Your Partner for Successful Solutions

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Presentation transcript:

Business Affairs -Your Partner for Successful Solutions Service Center Update 11/14/2018 Business Affairs -Your Partner for Successful Solutions

Business Affairs -Your Partner for Successful Solutions Review Facilities Telephone Services Mail Services Publications Environmental Health & Safety 11/14/2018 Business Affairs -Your Partner for Successful Solutions

Cost Accounting Standards Consistency in Estimating, Recording and Reporting Costs Consistency in Allocating Costs Incurred for the Same Purpose as either Direct or Indirect Accounting for Unallowable Costs Cost Accounting Period 11/14/2018 Business Affairs -Your Partner for Successful Solutions

Business Affairs -Your Partner for Successful Solutions Process Purpose Customer Base Rates Billing Method Accounting Treatment Surplus/Deficit Inventory/Resale Challenges 11/14/2018 Business Affairs -Your Partner for Successful Solutions

Business Affairs -Your Partner for Successful Solutions OMB Circular A-21 Sponsored programs administration Operation and maintenance of buildings Basic telephone service Administrative and clerical salaries 11/14/2018 Business Affairs -Your Partner for Successful Solutions

Business Affairs -Your Partner for Successful Solutions Consistency Costs incurred for the same purpose, in like circumstances, must be treated consistently as either direct costs or F+A costs. 11/14/2018 Business Affairs -Your Partner for Successful Solutions

Business Affairs -Your Partner for Successful Solutions CASB DS2 Describes accounting policies and practices. Subject to audit/site visit. Must be revised whenever the university changes accounting policies or practices. 11/14/2018 Business Affairs -Your Partner for Successful Solutions

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