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SFS News

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.

IRS mileage rates for 2022

Jan 11, 2022

The Internal Revenue Service has issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.

DFA open classes Jan. - June 2022, including Travel

Dec 07, 2021

Enrollment is now open for DFA 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.

Financial courses available Jan - June 2021

Jan 26, 2021

The following DFA classes are available from January 2021 through June 2021 and are open to any person interested in learning more about Cornell accounting/finance 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.

COVID-19 Response: DFA’s coverage expectations

Mar 18, 2020

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 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.

Introducing DFA Essentials online learning for finance training

Aug 28, 2018

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.

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.

Open Seats for DFA Classes: April through June

Mar 30, 2017

Last chance to attend DFA classes for the school year (classes will resume in September 2017).

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.

Open seats for DFA classes January through March

Jan 04, 2017

DFA classes have open seats and are open to any person interested in learning more about Cornell accounting/finance policies.

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