3.7, Accounting: System Structure and Transactions

 Policy Statement

Cornell University funds may only be used for ordinary, necessary, and reasonable business-related expenses incurred in furtherance of the university's mission. Every Cornell University accounting transaction must be processed according to the structure and procedures outlined in this document.

 Entities Affected By This Policy

Endowed Ithaca, contract colleges, and certain subsidiaries of the university

 Policy Information

Responsible Executive:  Vice President for Finanical Affairs

Responsible Office: University Accounting

Dates: Issued: February 1996

Contact: Your local unit's administrative office

 Violations of Finance Policy

Violation of a financial policy should be reported to your supervisor, your human resource representative, unit manager and/or the office responsible for the policy. Where these resources are inadequate, you may choose to make an anonymous report through the Cornell University's Hotline .