PURPOSE OF THIS POLICY

These Financial Rules are issued by the University Controller and approved by the Operations Committee of the Cabinet (OCC) pursuant to authority granted by the Board of Governors of the Colorado State University System, the University President, the Vice President for University Operations, and the Chief Financial Officer (CFO) (who is the Associate Vice President for Finance). These Rules are subject to applicable federal and state laws and regulations and the CSU System Fiscal Rules, and should be construed and applied in accordance with generally accepted accounting practices (and, in particular, Governmental Accounting Standards Board [GASB] standards). These Rules may be amended by the Controller from time to time as required to remain current, with approval of the CFO and notice to the OCC.

These Rules are supplemented by the Financial Procedure Instructions (FPIs) issued by the Controller. For questions and concerns regarding these Rules and the related FPIs, contact your Campus Service Representative in Business & Financial Services (BFS) (http://busfin.colostate.edu).

REFERENCES

CSU Financial Rules and Financial Procedure Instructions (FPIs)

See also: CSU System Fiscal Rules

APPROVALS

Approved May 28, 2013 by: Amy Parsons, Vice President for University Operations

1.01 Approved May 12, 2014 by: Lynn Johnson, Associate Vice President for Finance/Chief Financial Officer