FSM Revision Log
| Policy | Revised On |
|---|---|
| 8.12 Gifts Updated select definitions and removed former policy statement 3 to reflect the current organizational structure, terminology, and processes of the University of Arizona Foundation. |
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| 7.01 University Budget, Fund Balance, and Reserve Policy Replace previous budget overview with new policy to establish comprehensive guidelines for budgeting, Fund Balance management, and reserves at the university. |
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| 8.20 Invoicing and Accounts Receivable Updated procedures to clarify the information that should be included on an invoice and the requirement for supporting documentation to be attached to payment claims; no change to policy intent or requirements.. |
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| 8.13 Endowments Updates to endowment type position titles and descriptions to align with the Provost's and Foundation's guidelines. |
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| Purchasing Methods Update to Apparel to allow the purchase of safety gear on the PCard. |
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| 9.21 Apparel Minor clarification to address an inconsistency related to inventory requirements; no change to policy intent or requirements. |
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| 8.14 Merchant (Bank Card/Credit Card) Acceptance Added requirement for departments to notify Treasury/Merchant Services in advance of any merchant account changes to ensure PCI compliance and appropriate fraud controls. |
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| 9.20 Financial Compliance Purchasing Card (PCard) Violations Clarify roles and responsibilities for departments and cardholders in managing PCard violations, including required timelines for corrective action and repayment. Strengthen compliance measures through enhanced tracking, suspension, and cancellation processes. |
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| 14.15 Transportation Updated commercial airfare policy to clarify permitted fare classes, approval requirements, and restrictions on upgrades, based on flight length. |
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| 6.10 Account Management Updated Account Manager qualifications to require Career Level M4 or M5, clarified that student employees may not serve as Account Delegates, and added procedure for requesting an exception when M4 or M5 personnel are unavailable. |