FSM Revision Log

Policy Revised On
9.10 General Expenditure Policy
Updated Table 2 - Payment process for manuscript reviewers. DV used for payments <= $599, REQS used for payments >= $600.
9.12 Independent Contractor Services
Updated Procedure #31 and the Independent Contractor Payment Summary Chart. Revised the payment method threshold for manuscript reviewers from less than $200 to less than $600 to match IRS requirements.
9.10 General Expenditure Policy
Updated #3b - Definition for Business Entertainment for clarification. No change to policy.
9.12 Independent Contractor Services
Updated Procedure statement 4a to clarify that anyone who teaches, lectures, plans, or grades a course through which students may receive academic credit will be classified as an employee.
6.10 Account Management
Updated reference links for Opening a New Account.
8.10 Cash Receiving
Updated procedures #38 - 42 to more clearly address refunds, rebates or miscellaneous credits from vendors.
14.10 Travel Authorization
Updated to reflect the new Travel Authorization electronic approval process and to follow the standard policy template which includes definitions, procedures, frequently asked questions and related information. No change to policy.
9.12 Independent Contractor Services
Policy 9.12 Independent Contractor Services has been updated and reformatted to follow the standard policy template, improve definitions and procedures, and include frequently asked questions and related information. There was no change to policy.
8.33 University Development Fund Policy and Procedure
Numbering of policy statements rearranged for clarity. No changes to policy.
20.10 Unrelated Business Income Tax
Updated Purpose and Summary. Replaced the first sentence stating, "The University of Arizona (University) is tax-exempt as an instrumentality of the State of Arizona under Internal Revenue Code (IRC) § 115" with "The University of Arizona (University) is tax-exempt as an integral part of the State of Arizona."