Financial Compliance - What does this mean?
Financial Compliance means the University is following all policies, procedures, and rules for the resources received. The following online training courses provide a resource to help employees ensure compliance.
The Controller's office is available to provide additional live training sessions to discuss practical application of these concepts. Please contact the Controller's Office at 573-882-3039 or your Accounting Office for additional training needs. Click on the link on the left to Request Additional Training.
It is helpful to print the slides (click on the PDF) before viewing the online session.
Financial Accounting Online Training
ChartFields (25 minutes)
Slides for ChartField
This session defines ChartFields including their purpose and discusses examples of how ChartFields are used at the University.
Entering, Approving, and Reconciling Payroll-Time and Labor (32 minutes)
This session provides an understanding of the policy and recommended procedures for entering, approving, and reconciling payroll. There is also discussion on segregation of duties for payroll activities.
Fund Accounting (24 minutes)
Slides for Fund Accounting
This session provides a basic understanding of fund accounting at the Universityand discusses the responsibilities of fiscal staff related to fund accounting.
How to use PeopleSoft Access Security Reports (22 Minutes)
Slides for How to use PeopleSoft Access Security Reports
This session describes the PeopleSoft Access listings, how to work with the reports, and the things a reviewer should be cognizant of.
Segregation of Duties (22 Minutes)
Slides for Segregation of Duties
This session provides an understanding of the concept of segregation of duties, and discusses practical application at the University.
Transaction Types (43 Minutes)
Slides for Transaction Types
This session provides an understanding of the 5 major types of transactions, Journal Entry, Correcting Entry, Payroll Correcting Entry, Internal Service Entry, and Transfer Entry. The training explains the purpose of, the basic rules, and the processes for making the entry.
Sponsored Programs Online Training
Accepting and Establishing an Award (11 minutes)
Slides for Accepting and Establishing an Award
This session discusses the roles and responsibilities of the Principal investigator, Research Administrator, and Sponsored Programs Office upon receiving the Notice of Grand Award, including negotiation and acceptance up to establishing a fully executed award in the financial system.
Allowable Costs per A-21 (14 minutes)
Slides for Allowable Costs Per A-21
This session discusses the allowable costs for sponsored awards based on the federal government's requirements.
Cost Sharing (19 minutes)
Slides for Cost Sharing
This session discusses the fiscal compliance requirements related to cost sharing, and the responsibility of the Research Administrator and Principal Investigator.
Cost Transfers and Payroll Correcting Entries (19 minutes)
Slides for Cost Transfers and Payroll Correcting Entries
This session describes the compliance requirements and the University's process for making Cost Transfers and Payroll Correcting Entries for Sponsored Programs.
Effort Reporting (15 minutes)
>Slides for Effort Reporting
This session explains the compliance requirements for effort reporting and the University's process for certifying effort.
Principal Investigator Roles and Responsibilities (20 minutes)
Slides for Principal Investigator Roles and Responsibilities
This session discusses the Principal Investigator's responsibilities for sponsored programs for pre-award activities, post-award management, and the related key fiscal compliance requirements.
Proposal Development and Submission for Sponsored Programs (17 minutes)
Slides for Proposal Development and Submission for Sponsored Programs
This session discusses the compliance requirements and responsibilities of the Principal Investigator, Research Administrator, and Sponsored programs Office regarding the preparation review and submission of an award proposal.
Award Closeout (18 minutes)
Slides for Award Closeout
This session discusses the various aspects for closing an award and related compliance requirements.
Reviewed 2019-08-05