PDF Version The business and mission of the University of Arkansas is carried out through its officers and employees acting within the scope of their employment. The University has carried out its business and mission through agreements with affiliated entities approved by the Board of Trustees or executed pursuant to delegated contracting authority. The Board of Trustees has also permitted and encouraged certain non-profit corporations which, although legally separate, exist to support the … [Read more...] about 340.1 Related Entities

PDF Version I. Introduction The University of Arkansas System recognizes that its reputation is one of its most valuable assets and is committed to maintaining the trust and confidence of both the University community and the citizens of the State of Arkansas.  Therefore, the University of Arkansas System requires its employees to meet certain ethical standards. Employees shall conduct themselves in a manner that strengthens the public’s trust and confidence by adhering to the following … [Read more...] about 335.1 University Code of Ethical Conduct

PDF Version I. General Purpose. It is the policy of the Board of Trustees to assure that employees of the University of Arkansas and persons or entities contracting with the University of Arkansas abide by laws applicable to them in performing their responsibilities and specifically that they conduct their activities in accordance with applicable law, regulations and policies governing ethical conduct and ethics in public purchasing and contracting. II. Contracts and Grants Prohibited … [Read more...] about 330.1 Employee and Contractor Conflict of Interest

As a part of its charter, the Legal, Legislative, and Audit Committee is responsible for recommending external auditors for various components of the University of Arkansas to the Board of Trustees for approval.   In all matters relating to the audit work during their audit engagement with the University, independent external audit firms should be free from personal, external and organizational impairments, as defined by Government Auditing Standards issued by the Comptroller General of the … [Read more...] about 325.1 External Auditor Independence Requirements

PDF Version I. Policy After making reasonable collection efforts, the University of Arkansas may write off for current accounting purposes and remove from its books of account, in whatever form maintained, any debt due to the University of Arkansas deemed doubtful of collection. The President of the University shall make the determination that any amounts to be treated are in fact doubtful as to ultimate collectability, or under written authorization designate other University officials … [Read more...] about 320.1 Accounting Practice for Reflection of Doubtful Accounts