FSM Revision Log

Policy Revised On
7.01 Budget Overview
Updated to alphabetize definitions and number procedures for consistency, improve Source section, and correct reference to the Office of Budget and Planning. No change to policy.
6.11 Audit Management
Correct naming to properly refer to the Annual Comprehensive Financial Report, improve definitions, simplify procedures, and update committee name in policy statement 5 to agree with ABOR policy 3-410 revision effective 7/1/2023.
6.16 Component Unit Affiliates
Update to committee name in policy statement 6 to agree with ABOR policy 1-125 revision effective 7/1/2023.
8.20 Invoicing and Accounts Receivable
Updated to improve definitions, reflect current procedures, and correct links. No change to policy.
1.01 Guide to the Manual
Updated to provide information on the sources of University policy.
9.11 Employee Recognition
Increase benchmark amount for reasonable costs for food and refreshments, including tax and tip, from $25 to $40 per person. Remove service minimum for retirement and farewell events and clarify requirements. Update taxation table to clarify and align with IRS requirements for length of service awards. Add new FAQ regarding reasonable cost for food and beverages.
14.11 Travel Funding
Revised policy paragraph 7 to remove the in-state travel restriction for Travel Advances on state accounts.
14.71 Meals/Lodging Cost Index
Added link to revised meals/lodging reimbursement rates effective 1/9/2023, per updated State of Arizona Accounting Manual.
14.15 Transportation
Updated references to revised mileage reimbursement rates, as well as modifications to airport parking reimbursements, per State of Arizona Accounting Manual, effective 1/9/2023.
14.14 Lodging
Updated references to revised lodging rates per State of Arizona Accounting Manual, effective 1/9/2023. No change to policy.