1. Business Affairs -Your Partner for Successful Solutions
Service Center Update
11/14/2018
Business Affairs -Your Partner for Successful Solutions

2. Business Affairs -Your Partner for Successful Solutions
Review
Facilities
Telephone Services
Mail Services
Publications
Environmental Health & Safety
11/14/2018
Business Affairs -Your Partner for Successful Solutions

3. Cost Accounting Standards
Consistency in Estimating, Recording and Reporting Costs
Consistency in Allocating Costs Incurred for the Same Purpose as either Direct or Indirect
Accounting for Unallowable Costs
Cost Accounting Period
11/14/2018
Business Affairs -Your Partner for Successful Solutions

4. Business Affairs -Your Partner for Successful Solutions
Process
Purpose
Customer Base
Rates
Billing Method
Accounting Treatment
Surplus/Deficit
Inventory/Resale
Challenges
11/14/2018
Business Affairs -Your Partner for Successful Solutions

5. Business Affairs -Your Partner for Successful Solutions
OMB Circular A-21
Sponsored programs administration
Operation and maintenance of buildings
Basic telephone service
Administrative and clerical salaries
11/14/2018
Business Affairs -Your Partner for Successful Solutions

6. Business Affairs -Your Partner for Successful Solutions
Consistency
Costs incurred for the same purpose,
in like circumstances,
must be treated consistently
as either direct costs or F+A costs.
11/14/2018
Business Affairs -Your Partner for Successful Solutions

7. Business Affairs -Your Partner for Successful Solutions
CASB DS2
Describes accounting policies and practices.
Subject to audit/site visit.
Must be revised whenever the university changes accounting policies or practices.
11/14/2018
Business Affairs -Your Partner for Successful Solutions