Division of Financial Services
Sponsored Financial Services
IRS issues standard mileage rates for 2023; business use increases 3 cents per mile.
The following finance classes are available from January 2023 through June 2023 and are open to any person interested in learning more about Cornell accounting/finance policies.
Finance classes are available from September 2022 through December 2022 are open to anyone interested in learning more about Cornell's accounting and finance policies.
The Internal Revenue Service has announced an increase in the optional standard mileage rate for the final 6 months of 2022.
As previously announced in other forums, due to the pandemic Cornell University received permission to change its base year for Facilities and Administrative (F&A) Cost rate calculation, and extended its rates through FY2022.
Each third Wednesday of the month, experts from Sponsored Financial Services and other areas will host “SFS Dialog,” a new monthly online, interactive program.
Enrollment is now open for finance classes being held January 2022 through June 2022. Classes are open to any person interested in learning more about Cornell accounting/finance, payroll, and procurement policies.
While Cornell responds to the COVID-19 emergency, we are allowing critical business-related purchases to be delivered to off-campus addresses.
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.
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.
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.
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
