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In this section

  • Annual Operating Budget Support
  • Financial Reporting
  • Financial Oversight and Analysis

Financial Reporting

The purpose of financial reporting is to provide relevant, reliable, and comparable financial information in a structured, easy-to-understand form that conveys the performance and changes in a unit's financial position and that can be used to inform the decision-making process.

Note: Financial reporting support can be provided independent of the other support service components.

Unit Responsibilities

  • Provide feedback to the UBSC financial service associate (FSA) on report format, comprehensibility, and usefulness.
  • Contact the FSA with any questions, concerns, or requests for additional information.

UBSC Responsibilities

  • Prepare accurate and complete reports that meet unit needs for operations, decision-making, and strategic planning.
    • Standard reports will include year-to-date actual activity versus budget – summarized based on unit need/request (i.e., account, sub-fund, etc.).
    • Additional information, if available in the Information Delivery system, can be added at a unit's request.
    • Report frequency will be determined by unit leaders in consultation with UBSC based on a number of factors – e.g., total budget, unit fund source(s) and type, etc.
  • Occasional, ad-hoc reporting is available, upon request.

The Division of Financial Affairs

341 Pine Tree Road, East Hill Plaza
Ithaca, NY 14850

Accounting:  7:30 a.m. - 4:30 p.m., Monday - Friday
Payroll: 8:00 a.m. - 4:30 p.m., Monday - Friday

 

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