Click to review the below policies related to other expenses:

FIN-ACC-70: Payments for Memberships in Social Organizations

Click the above link to review the Indiana University policy on payment for memberships in social organizations. This policy is in place to establish the rules for paying memberships in social organizations. OMB Circular A-21 specifically disallows these types of expenses as a direct or indirect cost charged to grants and contracts. Review this policy for information about the scope of the impact of this policy at IU, to read the official policy statement, the reasoning for the policy, a definition of a social organization, and for the history of this policy.

FIN-ACC-350: General Accounting and Financial Audit Compliance

Click the link above to review the Indiana University policy on general accounting and financial audit compliance. This policy outlines the accounting principles followed at IU, such as accrual accounting, and explains how these practices impact departments across the university. It helps ensure accurate, consistent, and compliant financial activity in accordance with GAAP, GASB, and the State of Indiana. Additionally, the policy supports compliance with various audit requirements established by the OMB, IRS, and other state, federal, and external entities.