In this section

SFS News

Internal Revenue Service has issued the 2023 optional standard mileage rates

Jan 09, 2023

IRS issues standard mileage rates for 2023; business use increases 3 cents per mile.

Open Finance Classes for January 2023 through June 2023

Dec 07, 2022

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.

Open Finance Classes for September 2022 through December 2022

Jun 30, 2022

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.

IRS increases mileage rate for remainder of 2022

Jun 13, 2022

The Internal Revenue Service has announced an increase in the optional standard mileage rate for the final 6 months of 2022.

Facilities and Administrative Cost rates announced for FY2022

Jan 11, 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.

Ask your questions at SFS Dialog each third Wednesday!

Jan 11, 2022

Each third Wednesday of the month, experts from Sponsored Financial Services and other areas will host “SFS Dialog,” a new monthly online, interactive program.

Open finance classes Jan. - June 2022, including Travel

Dec 07, 2021

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.

COVID-19 Response: Procuring research supplies during the laboratory shutdown

Mar 20, 2020

While Cornell responds to the COVID-19 emergency, we are allowing critical business-related purchases to be delivered to off-campus addresses.

The IRS has issued standard mileage rates for 2020

Jan 06, 2020

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.

Contract college employee benefit rates for FY 2018

Apr 24, 2017

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.

KFS is getting a facelift: Upgrade to KFS 7 to occur in April

Mar 30, 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.

2017 IRS standard mileage rates announced

Dec 16, 2016

The IRS has announced the standard mileage rates for 2017.

Contract College Benefit Rates for Fiscal Year 2017

Apr 28, 2016

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.

Multiple Financial Research Policy Updates

Mar 17, 2016

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).

2016 IRS Standard Mileage Rates Announced

Jan 04, 2016

The IRS has announced 2016 Standard Mileage Rates for Business and Moving, effective January 1, 2016.

Change to process for establishing sponsored (fund CG) accounts

Oct 07, 2015

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, 2015 Research Administration Forum Materials Available

Sep 25, 2015

September 22 Research Administration Forum Materials Available