Book Title: Accounting for Expenses and Payments

Expense at Indiana University is defined as the cost incurred to do business or the outflow of resources associated with general operations. This resource delves into financial management at IU, specifically the recording of expenses at IU and how this impacts the income statement. This book will outline the typical streams of payment made by Indiana University. This includes the payee types, compliance, and best practices related to payments made by IU. Explore the principles of expense recognition and payment processing at IU through this book.