IU Financial System Reports and Procedures
Click to review the below IU financial system reports and procedures related to accounting close at IU:
Account Role and Delegate Compliance Status Report and Instructions
This report was created to assist with the management of KFS account responsibility roles (Fiscal Officer, Account Manager, and Account Supervisor) and primary and secondary delegation assignments that are no longer valid or appropriate. Maintaining accurate responsibility roles and delegates on accounts facilitates a strong internal control environment within IU’s financial systems. Review this report to identify and remedy responsibility roles and delegations deemed out of compliance and to periodically assure that responsibility roles and delegations are still appropriate given the department’s organizational structure and each individual’s current job responsibilities. Review the account role and delegate compliance status report instructions prior to running the report. Both the instructions and the report can be found by clicking the below links:
- Account Role and Delegate Compliance Status Report Instructions
- Account Role and Delegate Compliance Status Report Location
Financial Statements Report and Instructions
The financial statements report is designed to help users obtain quick and easy access to all financial statements. Financial statements are formal records of financial activities and the overall financial position of an entity. There are three major financial statements utilized at Indiana University: the income statement, balance sheet, and cash flow statement. The financial statements report pulls all three of these reports simultaneously. Review the financial statements report instructions prior to running the report. Both the instructions and the report can be found by clicking the below links:
Multi-Year Financial Statements Report and Instructions
The multi-year financial statements report was introduced to help users obtain quick and easy access to historical financial statement information. This report provides users with the ability to summarize and compare income statement and balance sheet balances over multiple years. This will enable users to easily analyze trends and make informed decisions. Review the multi-year financial statements report instructions prior to running the report. Both the instructions and the report can be found by clicking the below links: