Division of Financial Affairs
Sponsored Financial Services
While Cornell responds to the COVID-19 emergency, we are allowing critical business-related purchases to be delivered to off-campus addresses.
As President Pollack has issued the statement asking units to complete and implement emergency response plans by March 20, we in the Division of Financial Affairs (DFA) have completed our plans and have implemented remote work for as many of our staff members as possible as of Tuesday, March 17.
The Internal Revenue Service has issued the 2020 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
New and updated training courses are available, including the Accounting and Procurement certificate programs, starting this fall.
These scaled-down versions of the in-classroom trainings can provide an overview of essential information on a particular subject area before they go to a class or serve as a review after attending a class.
Certain operating accounts (also referred to as net asset, fund balance, or reserve accounts) must be fully funded by fiscal year-end.
Each third Wednesday of the month, beginning this Wednesday, April 18, from 1:00 to 2:00 p.m., experts from Sponsored Financial Services and other areas will host “SFS Dialog,” a new monthly online, interactive program.
The new contract college employee benefit rates for fiscal year (FY) 2018 have been submitted to the Department of Health and Human Services for approval.
Last chance to attend DFA classes for the school year (classes will resume in September 2017).
On April 23, after a scheduled upgrade completes, KFS users will experience a new look and feel to the Kuali Financial System (KFS). The upgrade to KFS 7 will include usability improvements to enhance the user’s experience.
DFA classes have open seats and are open to any person interested in learning more about Cornell accounting/finance policies.
The IRS has announced the standard mileage rates for 2017.
The new contract college employee benefit rates for fiscal year (FY) 2017 have been submitted to the Department of Health and Human Services for approval.
Over the past year, all of the university policies referencing the federal cost principles (OMB A-21) or administrative requirements for awards (OMB A-110) were updated to incorporate the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (2 CFR 200).
The IRS has announced 2016 Standard Mileage Rates for Business and Moving, effective January 1, 2016.
We have changed the process for establishing contract control accounts for sponsored (fund CG) projects in order to reduce administrative burden and improve the timeliness of establishing accounts.
September 22 Research Administration Forum Materials Available
