Managing Risk – Insurance and Contracts

…an internal process to obtain indemnification for the University and to avoid unreasonable indemnification of other parties as necessary. This aspect is managed by the Risk Management and Insurance Department….

Forecasting the Operating Fund Reserves

…reflected in internal purchase orders or manual reserves. Savings Salary encumbrances which overstate annual expenses because they do not reflect upcoming maternity leaves, unpaid leaves, staff turnover with replacement staff…

Monetary Donations

…the Associates is a not-for-profit organization recognized under the U.S. Internal Revenue Code, Section 501(c)(3). Gifts by Residents of Hong Kong Donors who are residents of Hong Kong can make…

Managing Research Funding (Financial Services and Other Central Departments’ Support)

…fund must be set up on the University’s Administrative Management Systerm (AMS). Internal Communication and Funds and Budgets (Appropriations) In addition to the Principal Investigator, the Departmental Chair and Business…

Indirect Costs (Overhead) Recoveries: Accounting, Distribution, and Reporting

…will determine the internal distribution of indirect costs revenue at its own discretion. Collaborating Departments and the Departmental Share Occasionally a funded research initiative is shared by two or more…

Professional Expense Reimbursement Allowance

…on eligibility of employees, eligible expenses and annual amounts provided, please refer to the Professional Expense Reimbursement Allowance (PERA) page on the internal Division of People, Strategy, Equity & Culture…

Budget Changes – The Decision Process

…or a new program, or additional internal funding, e.g. the department has obtained some funding for a project from another operating department, e.g. the dean. This section will set out…

Developing and Implementing Policy

…website. The Business Board has one standing committee – the Audit Committee. The Audit Committee receives reports from the administration and from the internal and external auditors. It acts as…

Course 1: FIS Overview

…Research Digest (FReD) Knowledge Centre – Cost Centers, Internal Orders and the Assignment field Master Records form page FAST Team Faculty Representatives FIS eLearning Courses Subscribing to the AMS Listserv…

Course 3:  Accounts Payable Processing Part 2 – Expense Reimbursements

…Picking the Correct Tax Code for Expense Reimbursement Knowledge Centre – Tax Codes for Conference Registration Fees Knowledge Centre – Cost Centers, Internal Orders & Assignment fields – which one…