The University of Tennessee’s policies apply to all campuses and institutes and provide university employees guidance to:
- Ensure compliance with state and federal laws and regulations;
- Maintain adequate internal controls to safeguard the university’s assets;
- Provide consistent management of resources transactions across the system; and
- Understand the university’s expectations for conducting university business and communicate these expectations to others as needed.
Policies Under Review
Featured Policy
FI0230 – Sponsored Projects – Subaward Origination and Subrecipient Monitoring (Technical corrections re: pre-award handling and post award handling and monitoring)
FI0525 – Petty Cash and FI0525-H Petty Cash (Technical corrections re: removal of tax exempt certificate number)
FI0910 – Taxability of Graduate Tuition Waiver for Employees (Technical corrections re: no longer accepting late-submitted forms and added link for more information)
FI0930 – Payroll (Technical corrections re: payroll procedures now processed in Oracle or DASH as this is our current ERP system)
HR0432 – Longevity Pay (Technical correction re: dates of distribution)
FI0505 – Accounts Payable (Technical correction re: Prompt Pay Act was revised to reduce the period from 45 days to 30 for state agencies to pay invoices)
BT0023 – Board of Trustees Policy on a Student Programs and Services Fee (Technical correction re: annual written report due date from “Annual” meeting to “Fall” meeting)
