Policy Library Launches!

To make Wake Forest administrative policies more accessible to the campus community, a new consolidated University Policy Library website – policy.wfu.edu – has been launched and is available to everyone in the campus community.  All administrative policies and supporting documents from departments within Finance […]

Categories: Financial


Capital and Operating Projects Administrative Policy

Policy This document outlines the policies and procedures governing the proper initiation, review, approval and procurement of capital and operating improvement projects at Wake Forest University. This policy defines the different project types, outlines the project phases, and covers the approval process, procurement bidding requirements, […]

Categories: Financial


Business Assets Administrative Policy

Policy Business assets are tangible long-term assets or property (that cannot easily be converted into cash) with acquisition value (usually original cost) in excess of certain thresholds and whether purchased, constructed, gifted/ donated, or leased. They are owned or accountable by the University and not […]

Categories: Financial


Deficit Resolution of Restricted Funds Administrative Policy

Policy Overspending and collectability issues (i.e. circumstances under which costs incurred by a project are not reimbursed by the sponsor) arise periodically and this policy addresses the process for resolution of the resulting deficits based on the situation. As a recipient of federal, state, and […]

Categories: Financial


Effort Reporting Administrative Policy

Policy At the Reynolda Campus of Wake Forest University, effort certification is required for all faculty, staff, and graduate students who are paid, in full or in part, by a federal or state sponsored project. This means that all, or a percentage, of their pay […]

Categories: Financial


Tax Guide for Foreign Visitors

Policy This policy guide is to be used when inviting international visitors to Wake Forest University. This applies to visitors coming from other countries as well as visitors coming from other institutions based in the U.S. Read the Policy Related Procedures […]

Categories: Financial


Mobile Communication Devices (MCDs) Administrative Policy

Policy The University is committed to providing essential, non-compensatory, business-related tools for faculty and staff in a manner that promotes the proper stewardship of assets; complies with IRS and other regulatory requirements; and establishes a framework for consistent decision-making. The majority of faculty and staff […]

Categories: Financial


Payment Card Acceptance Administrative Policy

Policy Departmental staff who accept credit cards as a form of payment must abide by specific guidance to provide a secure environment to protect cardholders and the University against both loss and fraud and, as required by the credit card associations, to ensure the University […]

Categories: Financial


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