Policies related to the financial operation of the University of Pennsylvania
To provide information on the University's financial operation to management, Trustees, and other interested parties.
1100 – Accounting
Comptroller
The primary purpose of the accounting system is to account for resources in accordance with objectives established by the Trustees, management, donors, government agencies or others.
1100 – Accounting
Comptroller
Maintenance of BEN Financials (BEN), the financial accounting system is necessary to ensure financial accounting and reporting integrity.
1100 – Accounting
Financial Systems & Training
1100 – Accounting
Treasurer
Certain materials and supplies are held in inventory by the University and used for instruction, research and service related activities, and for resale.
1100 – Accounting
Comptroller
To define the parameters for capitalizing assets.
1100 – Accounting
Comptroller
To define capitalized land/land improvements and buildings/building improvements
1100 – Accounting
Facilities and Real Estate Services (FRES)
To define capitalized equipment and other assets.
1100 – Accounting
Comptroller
To provide a capitalization policy for Plant Assets.
1100 – Accounting
Comptroller
To provide the depreciation policy for plant assets.
Comptroller