Each campus is permitted to award and date degrees at the following times for those who complete degree requirements as indicated: At spring commencement for those who completed requirements since the date degrees were last awarded and for those who do not choose to receive degrees available in 2 and 3 below. On the date of the last class day in the term with the latest ending date of the summer session for those who complete requirements between spring commencement and the end of the … [Read more...] about 505.1 Awarding of Degrees

PDF Version I. Purpose The purpose of this policy is to establish system-wide requirements for administration and accounting for inter-institutional and inter-fund loans.  Units of the University of Arkansas System are expected to manage expenditures within limits specified by their approved budgets.  There may be circumstances where an inter-institutional or an inter-fund loan may be necessary to meet the mission, goals and objectives of the University of Arkansas System. II. … [Read more...] about 375.1 Inter-Institutional and Inter-Fund Loans

PDF Version I. Purpose Budgeting is an essential control mechanism for the effective management of any organization.  In view of this, it is the purpose of this policy to provide clear and specific responsibility for proper budget management and control for the University of Arkansas System (System) governed by the Board of Trustees of the University of Arkansas.  All funds available to the University will be budgeted on a fiscal year basis. II. Submission of Budget A. Campuses or … [Read more...] about 370.1 Budgeting

PDF Version I. Purpose The purpose of this policy is to:  (a) identify financial accounting and reporting requirements as prescribed by Arkansas law; (b) provide a general description of required accounting standards; (c) define the type and frequency of mandatory financial reports; and (d) prescribe the responsibilities for administration of the financial accounting and reporting function within the University of Arkansas System (System).  This policy establishes financial accounting and … [Read more...] about 365.1 Financial Accounting and Reporting

PDF Version The purpose of this policy is to facilitate the development of procedures which will aid in post-issuance compliance for tax-exempt obligations issued by the Board of Trustees of the University of Arkansas. The President and Vice President for Finance will develop a procedure manual to assist in compliance in the following areas: (a) record-keeping, (b) investment and arbitrage compliance, (c) expenditure and asset documentation, (d) private business use, and (e) continuing … [Read more...] about 360.1 Tax-Exempt Obligations Post-Issuance Compliance