Click to review the below policies related to the fund balance:

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.

FIN-TRE-140: Capital Financing

Click the above link to review the Indiana University policy on capital financing. This policy helps ensure that all debt issued by Indiana University will be issued pursuant to duly authorized resolutions of the Board of Trustees of Indiana University and will conform to levels of approval and authorization as provided for in enabling statutes in Indiana and federal law. This policy helps ensure that capital financing is done in a way that supports the institutional mission, promotes the integration of long-term financial planning with long-term capital planning, and limits debt portfolio risk to appropriate levels as determined by executive management and the Trustees. This policy helps promote sound financial practices, proactive resource management, and thoughtful institutional financial planning.