April 8, 2025, 4:45 pm: The T&E Card Change Request form is failing intermittently. We are working with ITS to address the issue. In the meantime, please send us an email with the information the form requests to askfinance@virginia.edu
Policies
FIN-033
This policy establishes guidelines and expectations for fund balance management to: (1) facilitate the prudent management of balances; (2) maintain sufficient entity-wide liquidity; and (3) further fiduciary responsibility of all schools and units. The policy explains fund balance monitoring and the actions taken to address fund balance deficits.
FIN-023
Reconciliations of all University accounts are required to maintain the integrity of the University’s accounting records and to protect the interests of the University.
FIN-033
This policy establishes guidelines and expectations for fund balance management to: (1) facilitate the prudent management of balances; (2) maintain sufficient entity-wide liquidity; and (3) further fiduciary responsibility of all schools and units. The policy explains fund balance monitoring and the actions taken to address fund balance deficits.
FIN-048
This policy establishes the University’s standards on financial reporting and defines the responsibilities of University, Medical Center, and College at Wise personnel related to accounting standards. To provide our external constituents with reliable and accurate financial statements, the University must follow generally accepted accounting principles (GAAP) and comply with related federal, state, and local regulations.
FIN-048
This policy establishes the University’s standards on financial reporting and defines the responsibilities of University, Medical Center, and College at Wise personnel related to accounting standards. To provide our external constituents with reliable and accurate financial statements, the University must follow generally accepted accounting principles (GAAP) and comply with related federal, state, and local regulations.
FIN-048
This policy establishes the University’s standards on financial reporting and defines the responsibilities of University, Medical Center, and College at Wise personnel related to accounting standards. To provide our external constituents with reliable and accurate financial statements, the University must follow generally accepted accounting principles (GAAP) and comply with related federal, state, and local regulations.
FIN-050
This policy sets forth institutional expectations for the deposit of University funds received as credits or reimbursements that were originally charged as expenditures.
FIN-050
This policy sets forth institutional expectations for the deposit of University funds received as credits or reimbursements that were originally charged as expenditures.
FIN-021
The University of Virginia, the University of Virginia Medical Center, and the College at Wise are committed to maintaining a strong system of internal control as a business best-practice. This policy assists the University, the Medical Center, and the College at Wise in complying with the Commonwealth of Virginia Agency Risk Management and Internal Control Standards (ARMICS) and is consistent with the internal control integrated framework promulgated by the Committee of Sponsoring Organizations of the Treadwell Commission (COSO).
FIN-021
The University of Virginia, the University of Virginia Medical Center, and the College at Wise are committed to maintaining a strong system of internal control as a business best-practice. This policy assists the University, the Medical Center, and the College at Wise in complying with the Commonwealth of Virginia Agency Risk Management and Internal Control Standards (ARMICS) and is consistent with the internal control integrated framework promulgated by the Committee of Sponsoring Organizations of the Treadwell Commission (COSO).
FIN-021
The University of Virginia, the University of Virginia Medical Center, and the College at Wise are committed to maintaining a strong system of internal control as a business best-practice. This policy assists the University, the Medical Center, and the College at Wise in complying with the Commonwealth of Virginia Agency Risk Management and Internal Control Standards (ARMICS) and is consistent with the internal control integrated framework promulgated by the Committee of Sponsoring Organizations of the Treadwell Commission (COSO).
FIN-023
Reconciliations of all University accounts are required to maintain the integrity of the University’s accounting records and to protect the interests of the University.
EXT-011
Investment guidelines have been established for the University to issue Real Estate Loans to the University of Virginia Foundation in order to achieve a level of independent financial strength for the Foundation to pursue its objectives in serving the University.
FIN-050
This policy sets forth institutional expectations for the deposit of University funds received as credits or reimbursements that were originally charged as expenditures.
Policy Link (https://uvapolicy.virginia.edu/policy/FIN-050)
Next Review Date: June 23, 2025
FIN-048
This policy establishes the University's standards on financial reporting and defines the responsibilities of University, Medical Center, and College at Wise personnel related to accounting standards. To provide our external constituents with reliable and accurate financial statements, the University must follow generally accepted accounting principles (GAAP) and comply with related federal, state, and local regulations.
FIN-037
The University is committed to protecting cardholder data from loss or compromise. Consistent with that commitment, the University requires adherence to the Payment Card Industry Data Security Standards (PCI-DSS). This policy identifies the administrative offices responsible for establishing business processes for University units that process, store, or transmit cardholder data.
FIN-029
Where tax-exempt debt is used to finance the construction or acquisition of facilities and capital equipment, the University must comply with IRS laws and regulations applicable to Private Business Use. This policy formalizes the responsibility of managers in enabling the University to comply with Internal Revenue Service (IRS) laws and regulations on Private Business Use.
FIN-026
This policy establishes guidelines and requirements for University, Medical Center, and/or College at Wise units wishing to create Quasi Endowment accounts in order to invest funds in the University of Virginia Investment Management Company's long-term pool to meet long-term financial needs.
Policy Link (https://uvapolicy.virginia.edu/policy/FIN-026)
FIN-023
Reconciliations of all University accounts are required to maintain the integrity of the University's accounting records and to protect the interests of the University. Reconciliations are essential for an effective internal control environment so that:
-The information transmitted to, contained in, and reported from the University's financial systems is accurate, complete, and recorded in a timely manner;
-The information can be relied upon for making financial and administrative decisions;
FIN-021
University of Virginia, the University of Virginia Medical Center, and the College at Wise are committed to maintaining a strong system of internal control as a business best-practice. This policy assists in complying with the Commonwealth of Virginia Agency Risk Management and Internal Control Standards (ARMICS) and is consistent with the internal control integrated framework promulgated by the Committee of Sponsoring Organizations of the Treadwell Commission (COSO)